Paxson Communications Corp., owners of the family friendly Pax television network, asked Tuesday for an arbitrator to end its business relationship with NBC or block NBC's purchase of Spanish language ...

NEW YORK — “Bud” Paxson has apparently been left standing at the altar — and he’s hopping mad about it. His Paxson Communications has in fact just filed a lawsuit against NBC, claiming that the ...

Born again media mogul Lowell (Bud) Paxson has declared war on his partner NBC – and he’s tapped super-lawyer David Boies to plead his case. Paxson, the founder of family friendly TV network Pax TV, ...

Metro-Goldwyn-Mayer Inc. Chief Executive Alex Yemenidjian expressed interest Wednesday in acquiring Paxson Communications Corp. if the movie company could buy Paxson for a low-enough price. “I think ...

Paxson Communications Corp. accused General Electric Co.’s NBC of breach of contract and is trying to block NBC’s proposed $2.7-billion purchase of Telemundo Communications Group Inc. NBC owns 32% of ...

MGM CEO Alex Yemenidjian said Wednesday that Paxson Communications Corp. might “fit very well” with the movie company’s holdings if the price were right. Yemenidjian’s comments at the UBS Warburg ...

The “family friendly” television network is having a family feud. Paxson Communications Corp., the West Palm Beach company that owns family-oriented Pax TV, said Tuesday it will try to block NBC from ...

NBC is pulling the plug on its troubled relationship with Paxson Communications and its 61 television stations. The bailout could cost Paxson as much as $600 million. The network is exercising its ...