The future of Studio Babelsberg (formerly DEFA) as a major film studio is shaky. Only one feature production has wrapped on the lot since French investment company CIP bought the 46-hectare lot from…
Gerald M. Levin was handed the final trappings of power yesterday when Time Warner's board of directors elected him chairman of the world's largest entertainment and media company.
In yet another move to get out from under its debt-ridden balance sheet, Time Warner announced yesterday that it will buy back 45 million shares of its Series D preferred stock for $ 2.5 billion.
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.
Intl. Family Entertainment has finally overcome the last obstacle to its takeover of TVS Entertainment, parent of MTM, and could make a formal announcement about the completion of the deal as early…
Carlton TV, the new London ITV station, has appointed Central Television Enterprises as its international program distributor.
Werner Schwaderlapp, president and CEO of newly created ZDF Enterprises, was inadvertently omitted from Dec. 17 story about division's formation.
Cable operators are asking the Federal Communications Commission to repeal the network non-duplication rule for network affiliates that seek compensation from cablers via "retransmission consent."
BLUES POWER: Despite its problems, or maybe because of them, IBM Corp. is setting up a unit that consolidates its efforts in multimedia. Called Fireworks Partners, the group will be making…