Seagram Co. continues to slake its thirst for Time Warner, buying somewhere between 3 million and 4 million shares in the past week alone, market sources estimated. Time Warner shares closed Friday…
Kushner-Locke Co. raised $ 16.1 million in a convertible bond offering to pay for TV production and build its motion picture business, among other items.
Viacom Inc. said Friday it has taken control of Paramount Communications. Viacom said it bought 61.66 million shares, or 50.1%, of Paramount.
Walt Disney Co. moved a step closer to building its American history theme park when state lawmakers agreed to provide $ 160 million in incentives.
Cox Cable and Southwestern Bell are going back to the negotiating table to rethink their $ 4.9 billion partnership in wake of the FCC's new cable rate regulations.
In a boost for broadcasters, the Clinton administration has signaled support for a plan permitting TV and radio stations to use part of their spectrum for data transmission and other new business…
Viacom Inc. said Thursday it has secured the expected $ 1.25 billion investment from its intended merger partner, Blockbuster Entertainment, enabling the cable programmer to acquire Paramount…
Three men allegedly stripped and fondled by a writer from "The Arsenio Hall Show" in a casting session filed a sexual battery complaint and a lawsuit against Paramount and the show in Los Angeles…
Walt Disney Co.'s Disney World, threatened with suits from minority business owners in the Orlando area, announced Thursday a program to increase minority contracts at the popular theme park resort.
Top-ranking Fininvest executive Marcello Dell'Utri and five execs at Fininvest intermediaries have been accused of falsifying balance sheets and financial fraud in a wide-ranging investigation of the…