Viacom's directors can stay in place for now as a Delaware judge said a fight over who should sit on the company's board may depend on Sumner Redstone. » Read More
Take our tax evasion quiz to find out about the evaders and scammers who thought they could fool the IRS and get away with it.
There’s little doubt that this week’s Masters in Augusta, Ga., will be the most-watched golf tournament of all-time.
As Comcast awaits approval of its acquisition of NBC, the affiliates of rival stations are anxious to ensure that this mega-deal doesn't put them at a disadvantage to NBC. Earlier this week ABC, CBS and Fox affiliates sent a letter to Comcast, asking to set a meeting.
At the 7th annual Montgomery Tech conference there's a lot of talk about which company might be "the next Google."
How much do you know about one of the biggest business scandals of all time? Take our Enron quiz and find out.
I’ve seen brands make big commitments to certain properties, but I don’t think I’ve ever seen a product make as big of a splash in a traditional platform as Hershey’s Reese’s brand has made over the past couple weeks.
It will be the greatest ratings we’ve ever seen. But ESPN and CBS are already restricted to the number of hours they can show the Masters and more importantly, the number of commercials they can sell.
Since 1987, the NCAA men's basketball tournament on CBS has concluded with a video montage backed up by David Barrett's original song "One Shining Moment." Barrett sang the song for the first decade before his voice was replaced by Teddy Pendergrass and then Luther Vandross.
For years, the official car of the NCAA men's basketball championship was Pontiac. This year, Infiniti takes over.
A television producer has pleaded guilty to trying to shake down David Letterman over the comic's sexual affairs.
Jay Leno is back and bigger than ever: 6.65 million viewers tuned in for his first night at "The Tonight Show" since leaving for primetime last May.
Disney's ABC and Cablevision are battling over fees, and now Cablevision subscribers in the tri-state area may not get to watch the Oscars on Friday night.
In this uncertain market, hesitant investors should resist the urge to pull money off the table and instead buy into high-dividend stocks, high-yielding corporate bonds and commodities, said Joseph Poon, head of Macquarie Private Wealth Asia.
CBS and Viacom have regained their strength in the marketplace and neither company will be selling any more stock, Sumner Redstone, Viacom and CBS chairman, told CNBC.
ABC News is making no secret about what is behind the sweeping staff cuts it now faces: raw survival instinct.
"Code Advisors," a new media investment bank launching tomorrow, is banking on a surge in media and tech deals, and old media's need to get new media savvy.
ABC News is looking to eliminate up to 400 positions by offering buyouts across the news division. The number of people who opt for the "voluntary separation package" will determine whether the company does layoffs and how many people get the axe.
Stocks eked out a gain Friday, with the Dow ending above 10,400, as the initial shock of the Fed's surprise move to raise the discount rate wore off.
Stocks were jittery following the Fed’s announcement that it is raising the discount rate — the rate that the Fed charges banks for loans. However, this move was expected following indications of a pending move by Federal Reserve Chairman Ben Bernanke during his Congressional testimony last week.
The Dow rebounded after a lower open Friday as investors settled down after the initial shock of the Fed's surprise move to raise the discount rate.