July 22- Newspaper and broadcast company Gannett Co reported higher revenue and earnings on Tuesday, benefiting from its acquisition of Belo's TV stations.» Read More
July 18- Forbes magazine's publisher has agreed to sell a majority stake of its media business to a Hong Kong- based group of investors for an undisclosed sum, Forbes Media said on Friday, capping an eight-month hunt for a buyer for the company.
Amazon debuted Kindle Unlimited, allowing customers to access more than 600,000 Kindle books and thousands of audiobooks for $9.99 a month.
NEW YORK— The teen metal band Unlocking the Truth, which recently signed a multi-album deal with Sony, plans to release a book next year. G.P. Putnam's Sons Books for Young Readers, part of Penguin Group, said Friday that it would publish a book written by the Brooklyn trio chronicling the group's "path to success."
Although Time Warner Inc. said Wednesday that it rejected last month's takeover bid from Twenty-First Century Fox Inc., a person familiar with the matter said that Fox Chairman and CEO Rupert Murdoch is determined, but disciplined, in continuing to pursue a deal.
DOTHAN, Ala.— The Berkshire Hathaway Media Group has announced that Steve Smith will be regional publisher for its Alabama division. Smith will oversee the Dothan Eagle, Opelika-Auburn News, Enterprise Ledger, Eufaula Tribune, Dothan Progress and Jackson County Floridian in Mariana, Florida.
NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.
HELSINKI, July 16- Microsoft Corp is planning to cut 1,000 jobs in Finland from its mobile phone unit, a Finnish daily said on Wednesday, quoting anonymous sources. Some 25,000 Nokia workers moved this spring to Microsoft with the cellphone unit acquisition, 4,700 of them in Finland.
SAN FRANCISCO, July 15- Amazon.com Inc is in talks with Simon& Schuster Inc, the chief executive of the book publisher's parent company said on Tuesday, representing a second front in Amazon's feud with the publishing industry over digital book pricing.
NEW YORK— The Tribune Co. has set Aug. 4 as the date for the expected spinoff of its newspaper publishing business. The new company will be called Tribune Publishing Co. and include newspapers such as the Los Angeles Times and Chicago Tribune.
The New York Times hinted a deal between Amazon and Hachette is coming soon. CNBC's Jon Fortt, and Jon Steinberg, Daily Mail North American CEO, share their opinions.
The White House had publicly distanced itself on whether it would do the same to an American news organization. After news of the Guardian incident broke the following month, White House spokesman Josh Earnest said it would be "very difficult to imagine a scenario in which that would be appropriate."
SAN FRANCISCO, July 8- Amazon.com Inc proposed that Hachette Book Group authors keep 100 percent of revenue from e-book sales while the two sides work through a thorny contract dispute that has kept some of the publisher's books off Amazon's website for months. In its own statement, Amazon countered with "We call baloney."
SAN FRANCISCO, July 8- Amazon.com Inc has proposed that Hachette authors keep 100 percent of revenue from digital book sales while both sides work to resolve a contractual dispute that has kept some Hachette books off its website for months, the Wall Street Journal cited people familiar with the matter as saying.
CARACAS, July 5- The owners of Venezuelan daily newspaper El Universal said on Saturday they had sold a controlling stake of the company to a little-known Spanish investment firm, Epalisticia, marking the third sale of a major media group in Venezuela since last year.
Richard Mellon Scaife, the grand-nephew of Andrew Mellon, has died.
July 3- Google Inc on Thursday reversed its decision to remove several links to stories in Britain's Guardian newspaper, underscoring the difficulty the search engine is having implementing Europe's "right to be forgotten" ruling. It was unclear who asked Google to remove the stories.
What Amazon is trying to do is delete the copyright law, says Bob Kohn, eMusic.com founder, sharing his concerns about Amazon's "predatory" pricing practices among publishers and other media venues. They are trying to do it with Warner Brothers on the DVD side, says Kohn.
CNBC's David Faber talks with author James Patterson about Amazon's aggressive tactics.
David Garrity, GVA Research, discusses Amazon's controversial battle with publishing giant Hachette. And Garrity shares his outlook on Amazon's growth prospects including food delivery and drones.
Ben Mezrich, "Bringing Down the Mouse" author, shares his thoughts on whether regulators should get involved in the dispute between Amazon and publishers. Also Mezrich weighs in on the Supreme Court's decision on Aereo. Content has to be protected, says Mezrich.