Viacom Inc.'s fourth-quarter net profits rose 16% to $ 13.58 million, or 11 cents per share, helped by a 32% surge in cash flow at MTV Networks, but a new legal threat to its takeover of Blockbuster…
Polygram president and CEO Alain Levy reported a 21% jump in net profit for the year ended Dec. 31, 1993. Marking the Dutch media giant's ninth successive year of record profits, Levy also said he…
Now that retail sales of CD-ROM titles have begun to take off, publishers, distributors and retailers are intensifying their turf war for an increasingly lucrative -- and crowded -- new market.
Fourth-quarter sales nearly tripled and earnings nearly doubled for RHI Entertainment Inc. as the TV producer/distributor rang up big numbers from deliveries to the three webs.
Get ready for one of the bloodiest street fights to hit Congress in years. No, not health-care reform. An equally brutal battle is shaping up over the "information superhighway," the most-hyped story…
The Packer-Murdoch-Telecom-led consortium has launched a federal court bid to overturn the allocation of two pay TV licenses.
Vice President Al Gore on Friday dismissed claims that the FCC's rollback in cable TV rates prompted the collapse of the Bell Atlantic/Tele-Communications Inc. merger. To the contrary, he predicted…
Seagram Co. said Friday it bought an additional 1.4% of Time Warner Inc., bringing its total stake to 13.1% or $ 1.9 billion. Sources had reported Seagram's return to the market three weeks ago…
Granada Group has won its battle to acquire LWT, the first time a hostile takeover bid for an ITV company has ever succeeded.
A day after the Bell Atlantic/Tele-Communications Inc. merger ended, partisan politics erupted in D.C. over whether the FCC should be blamed and whether information superhighway construction is…