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* Sega Corp., Japan’s biggest maker of arcade video games, and pinball machine maker Sammy Corp. nixed their planned merger after failing to agree on management control and other issues.
* Walt Disney Co. is extending its consumer electronics line to include a television, DVD player, clock radio and other products, adding to a cordless phone and walkie talkie it introduced last year.
* Goodyear Tire & Rubber Co. said Samir Gibara would quit as chairman June 30 and be replaced by Chief Executive Robert Keegan.
* Clorox Co. sold its Black Flag insecticide and Roach Motel brands to closely held Fountainhead Group Inc. for an undisclosed price.
Inside the business of entertainment
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