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IN BRIEF.

VALLEY INDEX CLIMBS: Shares of most companies in the Daily News Index were higher Wednesday, led by Calabasas Hills-based Cheesecake Factory, which gained $2 to $31.75.

- Daily News

`SIXTH' MILESTONE: Domestic box office revenues for Walt Disney Co.'s ``The Sixth Sense'' have passed the $260 million taken in by ``Jaws,'' making the mystery-thriller the 12th highest domestic grosser of all time. As of Tuesday, its 89th day in release, the cumulative total was $260.4 million.

- Daily News

DISNEY MOVE: Chris Montan, a veteran Walt Disney Co. music executive and producer, has been named to the newly created post of president of Walt Disney Music with oversight of movie, theater, theme parks and ``The Wonderful World of Disney.'' He will report to Peter Schneider, president of Walt Disney Studios.

- Daily News

RADIO DEAL:Burbank-based Phoenix Media Group Ltd. has agreed to buy one-third ownership of Phoenix Broadcasting Inc. of Spokane, Wash., for an undisclosed price. Phoenix Media will also have an option to buy the rest of Phoenix Broadcasting, which owns two radio stations in Seward, Alaska.

- Daily News
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Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Geographic Code:1USA
Date:Nov 4, 1999
Words:181
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