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Parsons' bonus, salary jump in '03 is about Time
Richard Parsons received his first cash bonus and a 50% jump in base salary in 2003 as the chairman and CEO of Time Warner, according to a proxy statement filed with the SEC.
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Charter selling
Charter Communications Inc., the nation's third-largest cable TV systems operator, plans to sell another cable system during the first half of this year, the company said in a regulatory filing Friday.

Stocks get a boost
Pleased with a better-than-expected jobs report, investors sent stocks higher on Wall Street, setting aside worries on the potential for higher interest rates to focus on the 308,000 jobs created in March.

WMA reorganizes
In a move that recognizes the increasing frequency with which talent moves between the film and TV worlds, WMA announced Thursday it has reorganized its departmental operations by merging the television talent department and motion picture talent department into one unit.

Study: Promos rise
Marketers spent almost twice as much on consumer promotions as they did on consumer advertising in 2003, according to a promotion industry survey released Thursday. Overall consumer promotion spending rose 9.7% to $288.3 billion last year.

Trucking vote passes
Hollywood will get a break under an amendment approved by the U.S. House on Thursday that relaxes the sleep requirement for truck drivers who haul supplies to movie and TV show sets.

Netflix gains
Making their latest upward bounce, shares of online DVD rental firm Netflix Inc. rose more than 5% intraday Thursday after the company said its first-quarter subscriber count jumped 84% year-over-year.

Bonus for TW's Parsons
Time Warner chairman and CEO Richard Parsons in 2003 saw his first cash bonus in three years and a 50% jump in his base salary, the company said in its proxy statement filed Thursday with the Securities and Exchange Commission.

Dismissal denied
The judge Thursday declined a request by the defense to dismiss the indictment or the bank fraud charges against former executives of Adelphia Communications Corp.

WMG preps for buyout
Warner Music Group sold $650 million in bonds in a two-part deal Thursday with Deutsche Bank serving as lead manager.

SGI musters comeback
When Bob Bishop took over as chief executive of long-struggling Silicon Graphics Inc. in 1999, he decided that for the once high-flying company to begin growing again, it had to think smaller.


Top financial news and information sites
1.
Yahoo! Finance
2.
MSN Money
3.
CBS Marketwatch
4.
CNNMoney
5.
Consumerinfo.com
6.
Bankrate.com
7.
Motley Fool
8.
Forbes.com
9.
Reuters
10.
quicken.com
For week ending March 21. Source: Nielsen/NetRatings


Street Talk
Spanish-language media powerhouse Univision Communications has handily outpaced its English-language counterparts recently in terms of growth. But that's old news to Wall Street.


  • SEC home page
  • Edgar: filings and forms
  • Yahoo! finance page
  • MSN Money/CNBC
  • CBS Market Watch

  • Tuning in
    Infinity Radio's John Sykes discusses the advertising potential of radio listeners and the future of satellite services in our exclusive Media Analyst Corner.

    Apple Corps
    Just over a month after opening, the massive Time Warner headquarters has already managed to become part of the fabric of Manhattan that's aimed at Hollywood, Wall Street and the media crowd.

    Taking stock
    Four years ago the tech bubble burst on Wall Street. Is the market in bubble mode again?
    MP3.com: Boom and bust





    Ticket tally
    Complete wrap-up of 2003's boxoffice performance.
    Top films
    Studio results
    Indie results
    Global results

    Entertainment philanthropy
    Survey of Hollywood charities and activities, with an extensive resource guide.

     





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