Paramount cuts ties with Cruise company
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The latest high-profile Hollywood breakup is between Tom Cruise and his studio. Sumner Redstone, whose company owns Paramount Pictures, said the studio would sever its 14-year relationship with Cruise's film production company because "his recent conduct has not been acceptable to Paramount."
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LONDON : Peninsular and Oriental Steam Navigation Co (P and O) -- the ports, shipping and logistics group -- announced sweeping cuts to its ferry operations to refocus the business in the face of competition from low-cost airlines.
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Amusement park operator Cedar Fair  L.P.  on Monday said it would buy Paramount Parks Inc.,  a subsidiary of CBS Corp.  (CBSa.N) , for $1.24 billion  in cash to help increase its geographical reach.
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First it was Tom Cruise. Now Viacom CEO Tom Freston is out. But the entertainment mogul's moves are getting mixed reviews in Hollywood
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The major car manufacturer backs out of a controversial CBS show.
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A deal that would name the veteran talent manager Brad Grey to head Paramount Pictures, a studio that has suffered a string of box office flops in recent years, is almost finished.
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TUI, Europe&#39;s leading travel and tourism group, said Wednesday that it had decided to abandon plans for a joint venture in cruise ships with British group Carnival.
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As part of its strategy to focus on travel and residential real estate, Cendant Corp. today said it plans to spin off its mortgage and fleet operations.
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Corrects paragraph 8 to say Infinity is part of CBS and no longer a division of Viacom
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Viacom Inc. has reshuffled its executive ranks, placings its Paramount television production under the control of CBS Entertainment President Nancy Tellem.
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P&amp;Oâs cutbacks announced today are the result of the waves of troubles that have swamped the ferry industry of late. Some would say the company has done well to weather the storms for as long as it has.
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Paramount Motion Picture Group said  on Tuesday it will create specialty labels for films produced  by its Viacom Inc. sister companies MTV and Nickelodeon in a  move to broaden the studio's appeal with young adult and family  audiences.
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CBS Paramount Network TV  and 20th Century Studios terminated production deals as a  result of the Hollywood writers strike on Monday.
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The world&#39;s third largest cruise operator, Malaysia&#39;s Star Cruises, said Monday it had formed an alliance with Valuair, a low-cost airline based in Singapore.
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LONDON (CBS.MW) - IAC/Interactive on Tuesday said it&#39;s planning to break up into two publicly-traded companies, splitting off its Internet travel-related businesses into Expedia.
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A ferry service has halted cruises to Canada that promised a scenic adventure and a flu shot. Clipper Navigation had been offering &quot;flu cruises&quot; since October 21, however, Darrell Bryan, executive vice-president
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Paramount Studios, stung by a string of flops that include "Team America" and "Stepford Wives," is in the final stage of negotiations to appoint Hollywood dealmaker Brad Grey as its new chief executive, a source familiar with the matter said on Monday.