Kinnevik, one of Sweden's largest business conglomerates, voted today to spin off its broadcast and entertainment arm Modern Times Group (MTG) as a separate company.
Santa Monica College's new Academy of Entertainment and Technology may receive an added $1.25 million kick from the proposed 1997-98 budget of Gov. Pete Wilson. The state budget is scheduled to be…
The Senate approved by an 84-15 vote Friday a measure that calls on budget writers to cut spending if spectrum auctions fail to raise as much as revenue as they expect.
Union and studio reps came to terms on a revised contract proposal that at least temporarily averts a strike of about 140 studio tour drivers and garage mechanics at Universal Studios Hollywood.
Electronics giant Matsushita Electric Industrial Co. said Thursday it reversed the losses it posted in 1995 after it sold the MCA Inc. film studio to mark a profit gain in 1996. Matsushita posted a…
In a development that could re-energize the ailing Balkan exhibition industry, top Bulgarian distributor Sunny Entertainment Ltd. announced that it has partnered with the Sofia municipal government…
Sony Corp. announced Thursday it will change its top management structure by introducing a new position called corporate executive officer.
Directors and choreographers of Broadway musicals can expect their compensation to grow by an average of 3.8% annually over the next four years.
The Clinton administration broadsided broadcasters Thursday, telling the FCC that it should keep its current ownership limit of one TV station per market.
About 140 tour drivers and garage mechanics at Universal Studios Hollywood voted Thursday to reject a new contract, setting the stage for a possible picket or a walkout as the theme park heads into…