Richard Johnson, Bonnier Publishing CEO, discusses the future of the children's book industry.» Read More
Media and merchandising company Martha Stewart Living Omnimedia said its chief executive, Susan Lyne, has stepped down after four years in the post.
CBS reported a greater-than-expected rise in earnings on Tuesday, helped by healthier results from its television business, and boosted its dividend by 8 percent.
Earnings news dominated Friday's European trade with Sweden's Ericsson's shares up more than 12 percent after the company reported better-than-expected results.
Author and conservative commentator William F. Buckley Jr. has died at age 82.
Romances between rich, older men and beautiful young women have gone on for centuries, but in 2008 the tables have turned–at least they did Thursday night at a Manhattan speed-dating event that sought to pair wealthy older women with younger, attractive men.
The story lines are unabashedly goofy. Cavemen invent the wheel to transport a beer cooler made of stone, and a car buyer enlists the help of a tribal warrior in case he needs some extra negotiating leverage at the dealership.
A "clever and sharp" restaurant guide company with "telling" rankings and "a penchant for quote marks" from its thousands of "in-the-know" reviewers is "on the block."
German publisher Axel Springer said Tuesday that it plans to sell its 12 percent stake in broadcaster ProSiebenSat.1 Media in a deal worth more than 509 million euros ($746 million).
Emap, the publisher of magazines such as FHM and Heat, said Friday it agreed to sell its consumer media and radio units to Heinrich Bauer Verlag for 1.14 billion pounds (1.58 billion euros; $2.3 billion) and will return most of the proceeds to shareholders.
The chairman of the U.S. Federal Communications Commission said Wednesday he wants to grant media group Tribune a temporary exemption from U.S. media ownership rules, removing an obstacle to an $8.2 billion leveraged buyout of the company.
News Corp. Chairman Rupert Murdoch said on Tuesday the company had made a strong start to the second quarter with the global credit market squeeze so far not having much affect on forward advertising.
Shutterfly reported a third-quarter loss of $3.3 million, or 14 cents per share, as compared to a loss of 2.7 million, or 70 cents per share, in the year-ago quarter.
U.S. newspaper publishers limped through their first week of earnings without offering any signs of when a slump in advertising revenue, exacerbated by the poor housing market, may end.
McGraw-Hill reported an 18 percent rise in third-quarter profit on Thursday, helped by rising textbook sales and strong growth in international bond ratings at its Standard & Poor's unit.
Australia's Publishing & Broadcasting will push ahead with plans to split its media and gaming assets into separate companies after deciding on Wednesday that new tax laws would not impact the demerger.
E.W. Scripps, a television broadcaster and newspaper publisher, said Tuesday it plans to split into two publicly traded companies.
Belo said Monday it plans to spin off its newspapers -- which have been struggling to keep readers and advertising dollars -- into a new company that will operate separately from its 20 television stations.
Harry Potter publisher Bloomsbury Publishing saw first-half sales jump 36.5% as export orders for the seventh Harry Potter book and 34 international bestsellers kept bookworms flocking to stores.
German media group Bertelsmann, the purveyor of books, CDs and other entertainment, lost 51 million euros ($69.52 million) in the first half of 2006 after costs related to settling copyright claims that arose from its backing of file-sharing service Napster eroded its overall results, it said Tuesday.
Tribune shareholders on Tuesday approved a proposed $8.2 billion buyout of the newspaper publisher and broadcaster by real estate tycoon Sam Zell.