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.
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…
Omni Films International Inc. has received a $ 1.2 million contract for the installation of a 42-seat Motion Master in Bangkok, Thailand.
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…