Keith Raniere, the founder of the Nvixm sex cult, was convicted on racketeering and sex trafficking charges on Wednesday. The jurors deliberated for about five hours before returning with guilty verdicts on all seven counts, including racketeering and forced labor conspiracy charges. He is set to be sentenced on Sept. 25, and faces the possibility [...]

A judge on Wednesday ruled that the Writers Guild of America lawsuit against the major talent agencies is a “complex” case, likely postponing the day when it would get to trial. CAA and WME asked the court last week to make the designation, arguing that it will involve unusual legal theories and a review of [...]

Dana Walden was already one of the most powerful executives in television during her time as co-head of 20th Century Fox Television and Fox Television Group. The merger of Disney and 21st Century Fox has put her at the forefront of Disney’s bold bid to tackle what she describes as the entertainment industry’s “existential crisis.” [...]

Yannick Bollore, chairman of the supervisory board of Universal Music Group parent company Vivendi, implicitly extended the projections for the sale of UMG by around six months in a interview today. He said Vivendi is “not in a hurry” to wrap the sale and is “very confident” it will find the right partner to purchase [...]

Big Deal Music Group today announced a series of promotions among its senior staff, naming Jamie Cerreta and Casey Robison (pictured above, right and left) co-presidents. The announcement comes from Kenny MacPherson, who is assuming the new role of Chief Executive Officer. All three executives will continue operating out of the company’s Los Angeles headquarters. [...]

Gloria Vanderbilt was an heiress, an artist, a socialite, a businesswoman, a fashion designer, a writer, a bold lover and a devoted mother. She was all of those things in one elegant package, which fueled her status as one of the 20th century’s most talked-about figures. Vanderbilt, who died June 17 at 95, was remembered [...]