Redstone’s theater chain may be next
Business |
12:00AM, November 4
Sumner Redstone hinted Monday that he might sell his family’s movie theaters to fix his pressing debt problems. Read more
Articles by Meg James
880 articles since 1999
‘Flip This House’ set for court
Business |
November 3, 2008
Despite the mortgage meltdown, there still could be money in house flipping – or at least in a dispute over a show about house flipping. Read more
Halloween keeps moviegoers away from box office
Business |
November 3, 2008
Halloween played a trick on Hollywood studios this weekend, scaring away moviegoers on Friday night. Read more
Disney braces for hard times
Business |
October 31, 2008
Bracing for a worsening economy and further declines in ad spending, Walt Disney Co. Read more
Hollywood may not be recession-proof this time
Business |
October 29, 2008
Worried by the worsening economy, Kristen Olson decided she’d better start saving money. Read more
ABC is only network not airing Obama ad
Business |
October 29, 2008
Democratic presidential nominee Barack Obama’s half-hour campaign commercial is scheduled to run tonight on all of the major television networks – except ABC.
The senator from Illinois this month arranged to buy tonight’s 8 p.m. Read more
Redstone files for divorce
Business |
October 22, 2008
Media magnate Sumner Redstone has filed for divorce from his wife of five years, Paula Fortunato, citing irreconcilable differences. Read more
Strapped Redstone tries to restructure giant loan
Business |
October 18, 2008
With pressure mounting on media mogul Sumner Redstone to dig his way out of his own credit crisis, the billionaire’s privately held firm, National Amusements Inc., was scrambling Friday to renegotiate a $1.6-billion bank loan. Read more
Telemundo to cut 5% of jobs
Business |
October 17, 2008
NBC Universal’s Spanish-language television division, Telemundo, is whittling its workforce by 5%, cutting at least 85 jobs amid a slowdown in advertising. Read more
