October 12, 2004 |
Viacom Inc. unit Nickelodeon Networks realigned its senior management as part of a plan to consolidate its licensing and recreation businesses under Nickelodeon Enterprises. Leigh Anne Brodsky, most recently executive vice president of Nickelodeon Consumer Products, was named president of Nickelodeon and Viacom Consumer Products.
May 30, 1996 |
Seagram Co. said Wednesday that its earnings dropped 93% to $23 million in the first quarter from a year earlier, when it recorded a huge gain from the sale of DuPont stock. But its earnings based on cash flow rose nearly 50% on new profit from the Dole juice business and Seagram's 80% stake in MCA, both of which were acquired in the last year. Earnings before interest, taxes and other items that don't reflect the performance of the company's operations rose to $304 million from $203 million.
February 17, 1995 |
If Walt Disney Co. won't build a $3-billion resort in Southern California, rival MCA Inc. will. That was the message that public officials, entertainment industry executives, financial analysts and homeowners are hearing in MCA's announcement Wednesday that it plans to spend $3 billion over the next 25 years to build out its 415-acre Universal City property in the Cahuenga Pass.