harvey weinstein

Walt Disney is calling on its Miramax suitor to pay up a nonrefundable $40 million deposit towards its purchase of the movie studio. A consortium of buyers led by California construction mogul Ron Tutor is currently conducting due diligence on the $675 million deal.

Just when the saga of Disney's attempt to sell financially troubled production company Miramax seemed to be settled, a new twist has added an unlikely suitor to the mix: actor Rob Lowe.

Bruce Wasserstein, who died Wednesday at 61, will be remembered by many in the media world less for his dealmaking prowess than for turning New York magazine from a predictable, shallow city magazine into the most consistently clever and ingeniously packaged publication of the last few years. But...

It looks like Mike Bloomberg has gotten over his pique at The New York Observer. The media mogul-turned mayor recently made headlines by getting snappish with a reporter from the salmon-colored weekly at a press conference. The reporter, Azi Paybarah, had asked Bloomberg a question about his plan...