The Walt Disney Co. said it will invest $ 1 million in a black-owned bank that serves South Central Los Angeles. With the investment, Family Savings Bank's capital will rise by 13.3% to more than $ 8…
Live Entertainment is no longer in Chapter 11 bankruptcy after fulfilling the required conditions set out by the court.
A jury of eight women and four men voted unanimously yesterday that for breaching a verbal contract to star in the Main Line Pictures film "Boxing Helena," Kim Basinger has to pay the company at…
Legendary mogul Samuel Goldwyn's famous malapropism, "An oral agreement isn't worth the paper its written on," was proven wrong by yesterday's surprise ruling against actress Kim Basinger.
Sony Corporation and Lincoln Center are combining forces for a concert to benefit the Lincoln Center Consolidated Corporate Fund, which supports 10 performing arts organizations.
In his first major address since becoming chairman of Sony Pictures Entertainment in 1989, Peter Guber yesterday urged theindustry not to be blinded by technological advances; good stories will…
Adelphia Communications Corp. posted a net loss of $ 14.7 million (96 cents a share) for the third fiscal quarter ended Dec. 31. That compares to a net loss of $ 30.8 million ($ 2.23) for the…
As an advertising executive, Charlotte Beers admitted that she had "little in common" with the panels of TV, movie and music executives at yesterday's Variety/Wertheim Schroder Entertainment Business…
There's a convergence happening between hardware and software in the entertainment business, says Nathan Myhrvold, vice president/advanced technology and business development of Microsoft Corp.
CST Entertainment Imaging Inc. said General Electric Pension Trust, a unit of General Electric Co., has sold 1,500,000 CST common shares, through its agent Whale Securities Co., New York, to…