A Delaware judge Tuesday rejected an effort to prevent the proposed Viacom-Blockbuster merger, but lawyers for unhappy Blockbuster shareholders came back with another attempt to quash the deal.
NSB Film Corp., the former Hemdale Film Corp., sued its former top execs Monday for selling off valuable assets to another company they ran at cut-rate prices prior to putting the company into…
The FCC has fined a Fox Broadcasting affiliate in Reno, Nev., $ 18,750 for violating its equal employment opportunity guidelines.
Information superhighway legislation that allows telephone companies to compete with cable TV operators cleared its first hurdle Tuesday, but the House Telecommunications Subcommittee postponed a…
Sen. Paul Simon (D-Ill.) says he will resist passage of anti-TV violence legislation but warns that the issue has become so volatile, he's not sure his efforts will be successful.
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…
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.