DISC SALE: It appears Encyclopaedia Britannica has put its Compton's NewMedia unit on the block, hiring New York investment bankers Lazard Freres & Co. to handle the transaction.
Having retired more than 65 million shares of its Series D 11% Preferred Stock in recent weeks, Time Warner is now turning its attention to its Series C 8.75% Convertible Exchange Preferred Stock.
Times Mirror yesterday posted $ 3.7 billion in revenues for 1992, compared with $ 3.61 billion in 1991. The company said results of operations were significantly affected by restructuring charges…
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%
Eastman Kodak Co. weathered last year well, despite hefty restructuring charges, by posting higher earnings and sales for the fourth quarter.
Country crooner Willie Nelson has settled a long-standing dispute with the Internal Revenue Service by agreeing to pay $ 9 million in back taxes.
British publisher Reed Intl. is negotiating to sell its 3.7% stake in British Sky Broadcasting to fellow shareholders Pearson, Chargeurs and Granada.
Hollywood's most reliable fin-syn ally at the Federal Communications Commission has withdrawn from further participation in the issue and is entertaining a possible private sector job offer from a…
The U.S. District Court in Atlanta has overturned a decision by the U.S. Copyright Office that would have denied compulsory copyright license protection to satellite companies that carry programming…
Sen. John Danforth (R-Mo.), a leading cable TV critic in Congress, announced this week he will resign when his term ends in 1994.
A.G. Edwards & Sons lowered its investment rating on Time Warner Inc. to "hold" from "buy," a market source says.