Sandhurst Assets Inc., a corporation headed by former Giancarlo Parretti partner Giovanni Di Stefano, announced in a press release yesterday it had made a $ 10 million bid for Cannon Pictures.
The owners of Ticketmaster Corp., the world's largest broker of tickets, are considering selling the company to Time Warner, according to concert industry sources.
Clear Channel Communications Inc. said Snowden Broadcasting Inc., with which its Clear Channel Radio unit has a joint venture, agreed to acquire a New Orleans radio station for $ 7.5 million.
Domestic Film DAILY
PROVIDED BY: Box Office
Guardians of the Galaxy
Guardians of the Galaxy1Daily:$1.6M Cumulative:$258.3M Disney 3.68%
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles2Daily:$1.1M Cumulative:$150.7M Paramount Pictures -0.62%
If I Stay
If I Stay3Daily:$1.0M Cumulative:$20.6M Warner Brothers / New Line -0.71%
Congress is planning oversight hearings soon to investigate complaints that broadcasters are ignoring a new law requiring them to meet the educational needs of children.
Cineplex Odeon Corp. said the Ontario Securities Commission has clarified and confirmed that Cineplex is not under investigation in connection with any events that led to charges of insider trading…
Fox parent News Corp. looks as if it's about to follow Time Warner and TCI to the bond markets to restructure its balance sheet at lower interest rates.
International Family Entertainment Inc. said it now holds more than 75% of the preference shares of TVS Entertainment PLC.
Negotiations are scheduled to continue this week between the Directors Guild of America and the Alliance of Motion Picture & Television Producers, as both sides were unable to reach an agreement by…
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.