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Comcast Outbids Disney for Fox Assets
Comcast has placed a $65 billion all-cash bid for the same film and television assets that 21st Century Fox had agreed to sell to Burbank-based Walt Disney Co. for about $52 billion.
Judge Approves AT&T Purchase of Time Warner
A federal judge has approved AT&T Inc.’s acquisition of Time Warner Inc., the parent company of Warner Bros. Entertainment in Burbank.
Cinedigm Joins Russell Microcap Index
Cinedigm Corp. will be part of the Russell U.S. Indexes this month, a move that gives the company greater visibility in the investment community.
Santa Clarita Valley Signal Sold to Former Publisher
The Santa Clarita Valley Signal reported Friday that the newspaper has been sold to former Signal publishers Richard and Chris Budman.
Penthouse Media Bought Out of Bankruptcy
The assets of Penthouse Global Media have been sold for $11.2 million to the owner of XVideos.com, according to media reports.
Disneyland to Blackout Pass Holders for Stars Wars Launch
Walt Disney Co. is adding blackout dates for some pass holders to its Disneyland theme park to help keep down crowds after the opening of new Star Wars attractions next summer, according to media reports.
Disney Offers $15 Minimum Wage to Park Workers
Walt Disney Co. has proposed to pay some of its unionized employees a minimum wage of $15 an hour by 2020 at the Disneyland Resort.
Valley Students Win Warner Bros. Scholarships
Warner Bros. Entertainment has named the five high school seniors receiving scholarships and internships through its Reach program, including two students from the Valley.
Disney-ABC Exec to Leave Company
Bruce Rosenblum, president of business operations for Disney-ABC TV Group, will leave the company at the end of this month, according to an internal memo sent by Disney-ABC President Ben Sherwood.
Universal Studios to Revamp Jurassic Ride
Universal Studios Hollywood will close its “Jurassic Park” ride this fall to make way for an updated dinosaur-themed attraction set to open in 2019.
Disney Revenue Rises on Strong Box Office
Walt Disney Co. beat Wall Street estimates in earnings and revenue for the fiscal second quarter, helped by the strong box office performance of “Black Panther.”
Salem Selects Radio Vet for Special Projects
Salem Media Group Inc. has hired former Radio One general manager Gary Spurgeon as senior vice president of special projects for the broadcast division, the company announced Tuesday.
NBCUniversal CEO's Paycheck Grows to $46.5 Million
NBCUniversal’s Chief Executive Steve Burke took home $46.5 million last year, slightly more than the $46 million in 2017, according to filings with the Securities and Exchange Commission on Monday.
Samsung Debuts LED Movie Screen in Chatsworth
Samsung introduced over the weekend the first LED movie screen in the United States at Pacific Theatres Winnetka in Chatsworth.
Sun Valley Movie Studio Wins Court Approval
Production rental company Line 204 won approval from the 2nd District Court of Appeals to break ground on the largest movie studio complex to be built in Los Angeles in nearly three decades.
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