After five months of plot twists and pricey rewrites, Viacom Inc. brought the curtain down on rival QVC Network Tuesday, making off with Paramount for $ 9 .85 billion or $ 80.16 per share, about $…
FCC chairman Reed Hundt on Tuesday called Rep. Ed Markey's "V-chip" bill a "very creative proposal" for dealing with TV violence but stopped short of endorsing its passage.
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Sen. Daniel Inouye (D-Hawaii) has sent a letter to FCC chairman Reed Hundt urging further cuts in cable TV rates and asking that the agency ensure "reasonable" pricing for basic cable service.
A Denver Federal court jury ruled Tuesday that pop star Michael Jackson did not steal the hit song "Dangerous" from a local songwriter.
Players on the Paramount lot are wondering just what Tuesday's conclusion of the Viacom deal means for their future. While they admit the worst is over for studio management, Par's cupboard is…
Cinar Films posted its biggest-ever one-year jump in earnings last year thanks to increased sales of its family TV programming in the U.S. and Europe. The Montreal-based producer and distributor…
With a week to go before the FCC votes on further cable TV price rollbacks, Capitol Hill sources said Monday that top cable MSOs have launched a massive lobbying blitz to limit the size of the price…
Sumner Redstone seemed poised Monday night to win the war for Paramount Communications Inc. despite a last-minute effort by Barry Diller. While no official numbers were available late in the day…
Michael Jackson surprised spectators in a Denver court Monday when he testified in a copyright infringement case brought by a budding songwriter who claims Jackson stole her version of "Dangerous."
Rogers Communications has finally put its bid for Maclean Hunter on the table. On Friday, Rogers topper Ted Rogers announced that the Toronto-based company was willing to pay $ C17 ($ 12.65) a share…
Today could well be the end of the long fight for Paramount Communications Inc., after QVC Network said Sunday that it will not raise its bid for the studio. That greatly improves rival Viacom Inc.'s…