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Don Hewitt, the CBS Newsman who invented "60 Minutes" and produced the popular newsmagazine for 36 years, has died. He was 86.
DirecTV is rolling out a test in which cable customers in New York can pay $349 to watch Sunday games online.
The News Corporation needs television viewers to find the Fox Business Network, and it thinks the cowboy-hat-wearing radio host Don Imus could help.
Media giant CBS beat the Street when it reported earnings of 8 cents a share last week, but its net profit is down more than 90 percent on the year. So why have CBS shares skyrocketed?
The early days of iPhone applications resemble the early days of the Internet. Media companies know they need to have an app for the iPhone, and so they are creating appealing ones that are loaded with features. Yet, as with the Web, it is far from clear how much revenue media apps for the iPhone can produce.
Stocks rallied Friday, bringing their winning streak to four straight weeks, after the latest employment numbers showed signs of a stabilizing job market.
Stocks rallied Friday after the latest employment numbers showed signs of a stabilizing job market.
CBS Corp stock traded up after hours on CEO Les Moonves' optimism about recovery after the company released earnings that suffered from the advertising recession.
Futures jumped Friday after the latest employment numbers showed signs of a stablizing job market.
Futures popped 8 points as the nonfarm payroll report, with a loss of 247,000 jobs, was better than even the consensus of a loss of 275,000. It was the best monthly number since August 2008.
Advertisers bought about 15 percent less commercial time from networks ABC, NBC, CBS and Fox for the upcoming TV season and — for the first time in years — paid less for the airtime they did purchase.
Stocks fell for a second straight session Thursday as tech stocks dragged after Cisco's tepid outlook and investors remained jittery ahead of tomorrow's jobs report.
Stocks pulled back Thursday after a higher open as Cisco dragged on the Dow.
As investors debate whether the stock market gains are sustainable, Barry Knapp, Barclays Capital Managing Director, believes that it is time to be very selective with stocks.
Stock index futures pointed to a mixed opening Thursday, with the tech-heavy Nasdaq futures faring the worst after Cisco's chief executive was cautious on calling a bottom.
It was a tough quarter for Viacom, which struggled the economy, namely the weak ad market and lower video game sales of its "Rock Band" game. Plus, Sumner Redstone's media giant had fewer movie releases and tough comps with last year.
Following are the day’s biggest winners and losers. Find out why shares of Dow Chemical and CBS popped while Harman International and Tyson dropped.
While the surge in tech and financials grab the headlines, a rather profound rally has occurred in media land. Look no further than stocks like Disney, CBS and Discovery Communications, which have posted respective gains of 31%, 28% and 35% over the last three months.
Walter Cronkite, an iconic CBS News journalist who defined the role of anchorman for a generation of television viewers, died Friday at the age of 92, his family said.
Cramer is having a hard time accepting that just one of this company’s franchises accounts for two-thirds of the market cap. Could Wall Street be wrong here?