Cable operators blasted the FCC's 3-0 decision Tuesday to cut cable TV rates another 7% -- on top of last year's 10% cut -- saying such action would further slow growth in the industry.
Cable TV operators crying foul over further FCC price rollbacks can take this for solace: Had chairman Reed Hundt had his way, it would have been worse.
Snow White and a strong bottom line sent 6,000 Walt Disney Co. shareholders home happy Tuesday -- despite a gusher of red ink from Europe.
A Los Angeles Superior Court judge dismissed a suit by Roseanne Arnold's sister claiming that she was entitled to half of the comic's earnings, including revenues from the hit series "Roseanne,"…
Turner Broadcasting System's fourth-quarter net profits dropped 67% to $ 10 million or 4 cents per share after a $ 5 million charge for debt retirement. Revenues slipped 0.6% to $ 535 million.
The Federal Communications Commission on Tuesday lowered the boom a second time on the cable TV industry, slashing what the agency believes will be an extra 7% off the rates operators charge for…
Michael Lambert is head of Station Partners Group. His affiliation was incorrect in Tuesday’s story about Ellis Communications’ acquisition of Raycom Inc.
Matsushita Electric Industrial Co. posted lower third-quarter earnings and revenues as consumer demand for its gadgets continued to wane and a strong yen kept its products too expensive in overseas…
KPMG Peat Marwick execs finally handed over their independent audit of Euro Disney Monday, providing a small shot in the arm for the financially troubled theme park.
National Media Corp. decided Friday that ValueVision Intl.'s tender offer was too small and tossed it back, hoping a bigger fish will approach the direct marketer.