Major Japanese movie producer Nikkatsu Corp., saddled with debts of $ 464 million after a long decline in Japan's movie industry, applied Thursday for court permission to reorganize its finances.
Jim Mooney resigned as president and CEO of the National Cable TV Assn. Thursday, mainly because he could not prevent Congress from legislating the harshest regulatory bill in the history of cable.
The marriage between Showscan Corp. and Omni Films Intl. Inc. is off. On Thursday, the two companies terminated a letter of intent to merge.
Los Angeles Superior Court has granted Columbia Pictures and TriStar Pictures a temporary restraining order barring a "professional gate-crasher" from premieres and advance screenings of their films…
Scott Neeson, general manager of Australian distrib Hoyts Fox Columbia TriStar films, is moving to L.A. as marketing VP of 20th Century Fox Intl.
Continuing Time Warner's companywide refinancing effort, subsidiary Six Flags Entertainment announced Thursday that it will redeem all of its outstanding $ 164 million aggregate principal amount of…
The California Arts Council has survived this year's budget cuts with only a 15% cut in administrative expenses: The agency's total state budget is set at $ 12.3 million, approximately $ 309,000 less…
Struggling Dutch electronics giant Philips N.V. will bolster its half-year results by including the 3.09 billion guilder ($ l.62 billion) sale of its 35% stake in Matsushita Electric Corp.
Regal Cinemas raised $ 19.5 million in a public offering. The offering was for 1.5 million shares at $ 13 a piece. The proceeds, the company said, will go to retiring debt. The Knoxville-based…
German private web Pro 7 is in the black in its fifth year of operation, announced chief Georg Kofler at a confab.