The legal squabble between Robert Morton's Hard Rock Cafe and the celebrity-backed Planet Hollywood turned into the clash of lawyer interpretations yesterday, as both sides sought to put the proper…
Having retired more than 65 million shares of its Series D 11% Preferred Stock in recent weeks, Time Warner is now turning its attention to its Series C 8.75% Convertible Exchange Preferred Stock.
Times Mirror yesterday posted $ 3.7 billion in revenues for 1992, compared with $ 3.61 billion in 1991. The company said results of operations were significantly affected by restructuring charges…
General Instrument Corp. posted a net income of $ 7.2 million (12 cents a share) on $ 298 million in revenues for the fourth quarter ended Dec. 31.
DISC SALE: It appears Encyclopaedia Britannica has put its Compton's NewMedia unit on the block, hiring New York investment bankers Lazard Freres & Co. to handle the transaction.
Sen. John Danforth (R-Mo.), a leading cable TV critic in Congress, announced this week he will resign when his term ends in 1994.
The U.S. District Court in Atlanta has overturned a decision by the U.S. Copyright Office that would have denied compulsory copyright license protection to satellite companies that carry programming…
British publisher Reed Intl. is negotiating to sell its 3.7% stake in British Sky Broadcasting to fellow shareholders Pearson, Chargeurs and Granada.
Hollywood's most reliable fin-syn ally at the Federal Communications Commission has withdrawn from further participation in the issue and is entertaining a possible private sector job offer from a…
Walt Disney Studios chairman Jeffrey Katzenberg is completing a two-day swing to Capitol Hill today to lobby lawmakers on the issue of film labeling.
A.G. Edwards & Sons lowered its investment rating on Time Warner Inc. to "hold" from "buy," a market source says.