In yet another move to get out from under its debt-ridden balance sheet, Time Warner announced yesterday that it will buy back 45 million shares of its Series D preferred stock for $ 2.5 billion.
The Ontario Securities Commission said David Bruce Fingold, Fobasco Ltd. and Slater Industries Inc. have been charged with insider trading in connection with the sale of shares of Cineplex Odeon Corp.
The chairman of Nostalgia Network Inc. is claiming that a fast food franchisee and three of its officers devised a bizarre scheme to get control of his company.
Omni Films International Inc. has received a $ 1.2 million contract for the installation of a 42-seat Motion Master in Bangkok, Thailand.
Intl. Family Entertainment has finally overcome the last obstacle to its takeover of TVS Entertainment, parent of MTM, and could make a formal announcement about the completion of the deal as early…
The future of Studio Babelsberg (formerly DEFA) as a major film studio is shaky. Only one feature production has wrapped on the lot since French investment company CIP bought the 46-hectare lot from…
Gerald M. Levin was handed the final trappings of power yesterday when Time Warner's board of directors elected him chairman of the world's largest entertainment and media company.
Paramount shares jumped $ 3.50 yesterday to close at $ 46.13 on rumors that CBS is seeking to buy the media conglomerate.
The dates on the 1992 World Sales Survey in yesterday's paper were transposed. The corrected chart is on page 46.
Live Entertainment will clear a major hurdle next week when it secures a new $50 million credit facility from its bankers, Pioneer and a new lending group.
Domestic Film DAILY
PROVIDED BY: Box Office
Dawn of The Planet of The Apes
Dawn of The Planet of The Apes1Daily:$5.1M Cumulative:$148.5M Fox 20.68%
The Purge: Anarchy
The Purge: Anarchy2Daily:$3.6M Cumulative:$36.7M Universal Pictures 7.18%
Planes: Fire and Rescue
Planes: Fire and Rescue3Daily:$2.3M Cumulative:$21.7M Disney 25.48%