Biz

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TW names its poison

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Time Warner Inc. adopted a poison pill takeover defense Thursday after being rattled by the continuing accumulation of its stock by Seagram Co. and prodded by institutional investors.

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Financial Briefs

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SegaTV signed a letter of intent with Multimedia Cablevision of Wichita, Kan. , to provide SegaTV to Multimedia’s 450,000 subscribers this year. The company said it would first conduct a three-month…

Marketplace

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Financial Briefs

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Graff Pay-Per-View Inc. acquired PSP Holding Inc. for an undisclosed amount of stock. The transaction was effected by a merger of PSP Holding and Graff’s Guest Cinema unit. Guest Cinema markets…

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Vanna victorious

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Vanna White was awarded $ 403,000 in damages Wednesday by a federal jury in her suit against Samsung Electronics, which ran an advertisement featuring a robot resembling the television hostess.

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China sees ad boom

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China's advertising industry had a golden year in 1993 , with advertising expenditures rising over 40% in an otherwise flat world market, Saatchi & Saatchi's Beijing representative said Wednesday.

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