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What follows is a roundup of corporate earnings reports for Tuesday, Feb. 9.
Former NBC Entertainment chief Ben Silverman and Barry Diller's IAC/Interactive Corp teaed up last fall to launch a new studio called "Electus" to create entertainment, ads and branded content. Now we're finally seeing what this merger of new and old media has up its sleeve.
An encouraging sign that things are getting back to normal: "Greed" is making a comeback, and "cynical" thoughts are dwindling, according to Dictionary.com.
Cox Communications has made it no secret that it's open to selling a majority stake in Travel Channel Media and my sources tell me bids for the cable channel are due tomorrow.
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.
With Amazon shares slipping about 10% since earnings and smaller tech firms reporting this week, is the Internet trade still in tact?
Internet company IAC/InteractiveCorp, which owns sites such as Ask.com and Match.com, has weathered the economy more successfully than most old media companies, CEO Barry Diller told CNBC Friday.
Twitter is the talk of the Fortune Brainstorm conference. Everyone agrees it's a hot, powerful, popular new tool. But there's zero consensus about its profit potential.
Online ad company ValueClick is burning bright with call activity today, as a new report shows that Internet advertising grew 10.6 percent to $23.4 billion last year.
Ticketmaster Entertainment is infamous for its ticketing charges. Now it's suffering from a $1.1 billion charge — a goodwill write-down on the decline in its stock. The stock is trading around $4, less than a quarter of its price when it spun off from Barry Diller's IAC/InterActiveCorp in August.
Like addicts trying to avoid their vice, formerly free-spending consumers are trying to save money by avoiding stores all together. But what happens when they really need to buy something? They go online, according to Shoebuy.com CEO Scott Savitz.
In this economic environment even the hot online advertising market is showing declining growth. I just got the latest search share statistics from Nielsen that show that Google has a lot to be grateful for. In October Google did 8.1 percent more searches than it did in the year-ago period.
The Dow and S&P 500 rose on Thursday as surging oil prices drove up energy shares, though fresh fears of more credit losses on Wall Street kept gains modest.
It's been nearly a year since IAC/InterActiveCorp CEO Barry Diller announced his intention to split up the company into five pieces. It hasn't been an easy process. But it is happening, and the spinoff of four additional publicly traded companies is complete on Thursday.
Shares in IAC InterActive, run by media veteran Barry Diller, rose more than 9 percent Thursday after the company was divided into four publicly traded entities and IAC announced a one-for-two reverse stock split.
Google CEO Eric Schmidt, along with co-founders Larry Page and Sergey Brin sat down to talk to journalists at the Allen and Co. conference in Sun Valley for an hour and fifteen minute no-holds barred question and answer session.
When media moguls and tech startup CEOs gather for casual, culture-clashing sessions in Sun Valley, I can't help but marvel at the remarkable mix of styles. There's nothing like catching a CEO who feels safe in his pin stripes awkwardly sporting bermuda shorts.
The tech titans and media moguls schmoozed and chatted through the first full day of meetings at the Allen + Co. Conference. It was a quiet day in terms of deal buzz; perhaps largely because the Yahoo folks haven't arrived yet.
The SEC just approved the plan to split the company's fast and slow growing divisions. A common strategy in this media landscape where old media seems slow and archaic compared to dynamic web-fueled growth.
A consortium including NBC Universal and Blackstone Group bidding for the Weather Channel is offering about $1.8 billion in equity for their bid, or roughly half the total offer, a source familiar with the matter said.