BRIEFCASE MGM, NBC EXTEND PACT FOR 4 YEARS.Byline: - Staff and Wire Services BURBANK - Underscoring the success of their ground-breaking alliance, Burbank's NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. Enterprises and Metro-Goldwyn-Mayer Studios on Tuesday announced an extension of their international distribution agreement for an additional four years. Terms of the agreement were not released, but Santa Monica-based MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. will continue to distribute all NBC Studios
NBC Studios programming outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. through the 2007-08 season. Berklee, Guitar Center to team up WESTLAKE VILLAGE - Guitar Center announced a partnership Tuesday with Berklee College of Music Berklee College of Music, founded in 1945, is an independent music college in Boston, Massachusetts, with many prominent faculty, staff, alumni, and visiting artists. It has an enrollment of approximately 3,900 students and a 2004 faculty of approximately 430. . The music retailer will sponsor the Boston-based conservatory's Berkleemusic.com, in addition to selling Berklee Press' educational materials at its 100 retail sites nationwide. Their first collaboration will be Career Fuel, a resource kit offering insight on how to land a job in the music business. Activision gains rights to games SANTA MONICA - Activision Inc. and DreamWorks SKG SKG Stichting Kwaliteit Gevelbouw (Dutch) SKG Spielberg, Katzenberg,and Geffen (DreamWorks Studios) SKG Thessaloniki, Greece - Thessaloniki (Airport Code) SKG Smith and Kraus Global announced a strategic multiyear, multiproperty publishing agreement Tuesday. The agreement grants Santa Monica-based Activision the exclusive interactive rights to publish games based on DreamWorks' three upcoming computer-animated feature films: ``Sharkslayer,'' ``Madagascar'' and ``Over the Hedge.'' Activision acquired the rights to develop and publish games for the console, handheld and PC platforms. Guenther resigns as TiVo president SAN JOSE - Morgan Guenther, president of digital video recorder See DVR. maker TiVo Inc., announced his resignation on Tuesday, effective Jan. 31. Guenther, 49, joined TiVo in 1999 and became president in October 2001. He oversaw strategic alliances and helped develop the company's business model. Lesley Gold, a TiVo spokeswoman, said Guenther considered it an opportune time because he had accomplished his goals. T-bill rate lowest since mid-1958 WASHINGTON - Interest rates on short-term Treasury bills fell in Tuesday's auction with the rate on three-month bills dropping to the lowest level since the summer of 1958. The Treasury Department auctioned $17 billion in three-month bills at a discount rate of 1.160 percent. An additional $15 billion in six-month bills was auctioned at a discount rate of 1.190 percent. The three-month rate was down from 1.180 percent last week and was the lowest since three-month bills averaged 0.984 percent on July 28, 1958. The six-month rate was down from 1.230 percent last week and was the lowest rate on record. The regular weekly bill auction, normally scheduled for Monday, was held on Tuesday this week because of the Martin Luther King Jr. holiday. In a separate report, the Federal Reserve said Tuesday that the average yield for one-year Treasury bills, a popular index for making changes in adjustable-rate mortgages, edged down to 1.38 percent last week from 1.41 percent the previous week. FAO FAO, n See Food and Agriculture Organization. gets Nasdaq delisting notice KING OF PRUSSIA King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical , Pa. - FAO Inc. said Tuesday that it received a Nasdaq delisting notice Jan. 14 for failing to comply with requirements due to its bankruptcy filing. The parent company of FAO Schwarz toy store said it requested a hearing before a Nasdaq Listing Qualifications Panel. FAO filed for Chapter 11 bankruptcy protection earlier this month. Oil prices soar, then settle back NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of - Oil prices soared above $35 per barrel Tuesday before settling considerably lower as traders balanced fears of a war in Iraq with the end of a tanker pilot strike in Venezuela. The price of crude for February delivery, which had an intraday high of $35.20, closed 70 cents higher at $34.61 per barrel. It was the highest closing price since Nov. 30, 2000, when it closed at $33.82. |
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