A television consultant claims that former Vice President Al Gore and others at Current TV stole his idea to sell the struggling network to Al-Jazeera.
NewsCorp.'s long-anticipated plans to launch a national sports network have finally come together. On August 17, the company will convert Speed TV to Fox Sports 1, launching it in 90 million U.S. homes.
Traditional media stocks have been on quite a run into the Dow Jones' rise towards hitting the 14,198 intraday peak, with the five biggest media giants hitting new highs. Here's what has been driving the media industry's gains.
With one trading session remaining, the S&P 500 is now up 1.2 percent so far this month. If the benchmark gauge remains in the black, history suggests it may record a positive total return for the entire year.
Cablevision sued Viacom for forcing it to pay for more than a dozen low-rated cable networks in order to get access to Viacom's more popular channels such as Nickelodeon, MTV and Comedy Central.
Internet users who illegally share music, movies or television shows online could soon receive warning notices from the nation's major Internet service providers.
Check out which companies are making headlines before the bell on Friday:
“All went from being benign to pernicious in one week,” said Jim Cramer. “Is that possible?”
Stocks finished modestly higher across the board Tuesday, with the Dow and S&P 500 closing at their best levels since October 2007, lifted by optimism for more M&A deals and after positive economic data from Europe.
When Dish reports earnings the big question is how it'll make its year of investment pay off.
2013’s surge in merger and acquisition-related activity is heading for Europe, according to strategists who say the continent has the same essential ingredients in place for a revival in deals as the U.S.
Bruce Willis' action sequel "A Good Day to Die Hard" debuted as the weekend's top draw with a $25 million debut from Friday to Sunday.
Find out what Wall Street analysts and investors had to say about Michael Kors earnings, the outlook for Legg Mason's shares and Comcast after the NBCUniversal deal with General Electric in this week's CNBC.com Stock Blog Roundup.
M&A activity could be up as much as 50 percent this year, and analysts point to energy, tech, consumer goods and chemicals as the sectors to watch.
Stocks recovered from their lows Friday to close narrowly mixed, but the S&P 500 managed to pull off its seventh-straight week higher.
Recent M&A activity makes sense, Mike Santoli of Yahoo! Finance says.
U.S. stock index futures were narrowly mixed Friday as investors hesitated to jump in as finance ministers and central banks from the Group of 20 met in Moscow amid growing worries over a currency war.
With animal spirits on the rise, companies armed with cheap financing are fueling a new merger wave, but that's not likely to do much for markets.
Stocks ended off session lows but the Dow still finished in negative territory Wednesday, as investors took a pause amid a lack of significant market catalysts and after the S&P briefly hit its highest level since December 2007.
General Electric is selling its remaining 49 percent stake in NBCUniversal to Comcast, with CNBC's Mary Thompson; and Steve Winoker, Sanford Bernstein, weighs in.