Media Digest 5/272006 New York Times HIT, DIS, MCS, TWX, CMCSA, PA, LVS
From The New York Times, Disney is considering layoffs at its studio due to declines in DVD sales and increased costs for making major pictures. In 2005, Disney was only No.5 in box office receipts
The NYT also reports that McDonals Japan intends to create a new food business by October. It may form a partership with a local company to improve the results for its lower-producing stores.
The NYT wrote that Adelphia, the struggling cable company, has asked a judeg to approve the sales of its asset to TimeWarner and Comcast without a creditor vote to meet and August 31 deadline.
Also, the NYT reports that Intelstat has won Justice Department approval for the purchase of PanAmSat. The FCC still needs to clear the deal.
The Las Vegas Sands has won the right to build a casino in Singapore. MGM Mirage and Harrah's both competed for the business.
Douglas A. McIntyre
The NYT also reports that McDonals Japan intends to create a new food business by October. It may form a partership with a local company to improve the results for its lower-producing stores.
The NYT wrote that Adelphia, the struggling cable company, has asked a judeg to approve the sales of its asset to TimeWarner and Comcast without a creditor vote to meet and August 31 deadline.
Also, the NYT reports that Intelstat has won Justice Department approval for the purchase of PanAmSat. The FCC still needs to clear the deal.
The Las Vegas Sands has won the right to build a casino in Singapore. MGM Mirage and Harrah's both competed for the business.
Douglas A. McIntyre
posted by douglas mcintyre at 1:28 PM
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