Cable operator the Lenfest Group agreed Thursday to pony up $ 5 million to Hollywood studios and other program providers to settle a U.S. Dept. of Justice lawsuit alleging that the MSO underpaid…
A partnership controlled by Hollywood producer Jeffrey Lurie has purchased the Philadelphia Eagles football team for a reported $ 185 million. Norman Braman, who bought the team for $ 65 million in…
American Telephone & Telegraph Co. said Wednesday it is confident it will be able to go ahead with its $ 12.6 billion deal to buy McCaw Cellular Communications Inc., despite a federal court ruling…
Rep. Ed Markey (D-Mass.) said Wednesday that small entrepreneurial companies may play a greater role in paving the "information superhighway" than giant telecommunications firms that thrive on…
Motion Picture Assn. of America prexy Jack Valenti is hailing Washington Gov. Mike Lowry for vetoing provisions of an anti-violence bill that would have required "age-based violence ratings" be…
Entertainment stocks burst upward Tuesday, mirroring the broader stock market in its first healthy rebound from losing a hefty 7% over the last eight trading days.
Carmike Cinemas Inc. has signed a letter of intent to purchase 38 theaters consisting of 176 screens from Cinema World Inc., a privately held company. Terms weren't disclosed.
The convergence of the telephone and cable industries was hit with another setback Tuesday when Cox Cable and Southwestern Bell called off their $ 4.9 billion partnership. Citing the FCC's new cable…
Personal relationships will be as important as creative and financial resources in tapping the fast-expanding Asian region, according to a report released Wednesday.
The FCC has voted 3-0 to prohibit cable TV operators from scrambling basic-tier signals and is contemplating barring the scrambling of expanded basic-tier program networks.