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…
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.
Key members of Congress are putting heat on the Federal Communications Commission to roll back cable TV rate increases that have occurred since lawmakers passed legislation reregulating the industry…
The acrimonious lawsuits between MCA Records and Motown ended quietly yesterday with an out-of-court settlement that will see Massachusetts investment firm Boston Ventures purchase an additional…
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…
In kicking off Monday night's Writers Guild of America awards, WGAW president Del Reisman told a packed Beverly Hills ballroom that ageism within the industry has turned into an "American tragedy."
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…
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…
In order to make a profit this fiscal year, Image Entertainment Inc. is trimming its work force and tightening its belt.