Wells Fargo will donate $5 million toward completion of the long-delayed Walt Disney Concert Hall, it was announced Sunday.
Rupert Murdoch's News Corp. and Walt Disney Co. will make final bids for Intl. Family Entertainment Inc. early this week, but already the price has risen to an eye-popping $1.8 billion, sources said.
Oz's media players have a reputation for being thrifty, and that approach appears to have paid off. Media moguls and entertainment barons (OK, and property tycoons) dominated Business Review Weekly…
Following a European directive, a new law has been passed in Italy regulating rights payments to filmmakers, TV directors and scripters for each showing of their work on television, video and all…
US West International has pulled out of Spain, selling its 25% stake in Cable Televisio de Catalunya (CTC), a pilot cable TV network in Barcelona, to Italian telco Stet (12.5%) and Spain…
Astral Communications of Montreal has paid C$17.4 million ($12.6 million) to acquire a 25% stake in Radiomutuel, a Quebec broadcaster that owns several specialty TV services and 11 radio stations.
Angry shareholders put Viacom Inc. chairman Sumner Redstone on the defensive at the company's annual meeting Thursday, forcing him to defend his leadership, the company's management and its strategy…
Silicon Graphics said Thursday it would donate hardware and software to California Institute of the Arts to facilitate training of artists for the visual effects and animation fields. The equipment…
Rep. Charles Schumer (D-N.Y.) has asked the Justice Dept. and the Federal Trade Commission to investigate Cablevision Systems Corp.'s pending deal to acquire Madison Square Garden, along with the New…
Reps for studios and the Writers Guild of America will hold so-called "fast track" negotiations in an attempt to come to terms on a new contract well before the current agreement's May 1, 1998…