Former News Corp President Peter Chernin bid around $500 million for Hulu, the online-video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
Liberty Media bought a 27.3 percent stake in Charter Communications on Tuesday, taking advantage of a "rare" opportunity to buy a stake in the cable operator. "We're very happy" with the purchase, CEO Greg Maffei said.
Newsroom cutbacks have had a demonstrable impact on the quality of digital, newspaper, and television news and in how consumers view that work, a study found.
Dow Jones & Co said it found no sign of impropriety at its China operations, after the Wall Street Journal reported that a whistleblower had accused Journal employees of bribing Chinese officials for information.
CNBC's Julia Boorstin and Jane Wells chat about the business stories of the day including Groupon, Mila Kunis telling CNBC she's investing in stocks, and Joe Fresh appearing in JC Penney stores.
The term "binge viewing" first entered the mainstream when Netflix started talking about the way people streamed its content—entire seasons at a time. Now Comcast is embracing the trend, bringing TV networks on board to host a "watchathon."
Live television news can be a very funny business, but most of the laughs result from blunders. Here is a very funny way a Los Angeles weatherman reacted after making an embarrassing flub this week.
The expansive 3D epic is keeping the theater-going experience competitive in the streaming and downloading age. But ominous developments may lie ahead, if the findings of a recent scientific study are any indication.
Dennis Rodman's trip to North Korea was engineered Vice Media CEO Shane Smith, who wanted to get his camera crews the most access possible for the HBO show the company is producing.
Vice Media CEO Shane Smith says North Korea loves basketball, and in particular the Chicago Bulls. CNBC's Julia Boorstin reports on Dennis Rodman's trip to North Korea.
Hackers claim to have what seems to be the First Lady's credit report. CNBC's Eamon Javers reports on what some are calling the "no-hack celebrity attack."
A data breach apparently affecting the first lady of the United States, and singers Beyonce and Britney Spears—among others—resulted from an old-fashioned "pretexting" attack, rather than a sophisticated computer hack, a company told CNBC.
Disney's prequel to "The Wizard of Oz," "Oz: The Great and Powerful" was a risky move for the giant studio, which reportedly poured $215 million into producing the film.
When News Corp. spins off its publishing assets this summer, it plans to start the new company with $2.6 billion in cash and no debt, which means the potential for some major acquisitions.
Florida beaches from Jupiter to Palm Beach are closed to swimmers because hundreds and maybe thousands of sharks are lurking not far from the beach, reports CNBC's Sue Herera. (0:28)