The House voted Thursday to cut the proposed $ 174.9 million budget for the National Endowment for the Arts by 5%, or about $ 9 million.
A House subcommittee will hold a hearing July 21 on legislation that would grant collective bargaining rights to all artists and musicians who perform live.
Todd-AO Corp., the San Francisco-based sound facility, posted a net income of $ 489,000 (6 cents) in the third fiscal quarter, a 16% drop from the same period last year. Revenues were up, however, 8%…
The Federal Communications Commission Thursday proposed allowing cable systems that opt to have their prices regulated like a utility to receive an annual rate of return on capital of 10%-14%.
The Rank Organisation posted pre-tax profits of T95.7 million ($ 143 million) for the half-year to May 15, a marginal improvement from last year's T 94 million ($ 141 million).
BET Holdings Inc.'s Black Entertainment Television Inc. subsidiary has acquired 80% interest in Santa Monica-based Avalon Pictures Inc. for $ 13 million cash and assumption of certain debt.
The National Endowment for the Arts survived an attempt to cancel its funding Wednesday as House conservatives sought to revive a debate over art works they say are unfit for taxpayer support.
The National Assn. of Broadcasters this week asked the FCC to issue a ruling preempting state and local laws that prevent consumers from using rooftop antennas to receive TV signals.