Katie Couric will join Marissa Mayer's Yahoo next year as global news anchor while continuing her talk show on ABC.» Read More
July 22- A decline in newspaper advertising dragged down Gannett Co's second-quarter results, underscoring the company's need to branch out and find new revenue streams. Shares of Gannett fell 2.7 percent to $25.65 in early trading.
LONDON, July 18- Media mogul Rupert Murdoch said the police investigations into alleged criminal activity by journalists at his newspapers in Britain were "disproportionate", according to letters written to British lawmakers. In the letters published by Britain's Channel 4 News on Thursday, Murdoch said those comments were "overly emotional".
It could, however, further complicate his business dealings in Britain, where his firm has long wanted to take full control of the pay-TV group BSkyB and where it is still locked in negotiations with the government over regulation of the press.
LOS ANGELES, July 12- Walt Disney Co, Twenty-First Century Fox Inc and Comcast's NBCUniversal said on Friday they decided to keep their video streaming website Hulu and will invest $750 million to help it grow. One is Time Warner Cable, which had offered to make an equity investment in Hulu, two sources told Reuters.
After putting Hulu up for sale, its parent companies, Disney, 21st Century Fox, and NBC Universal, CNBC's parent company, are announcing the streaming-video company is no longer for sale.
July 12- Walt Disney Co, Twenty-First Century Fox Inc and NBCUniversal said on Friday they will keep their ownership stakes in video streaming website Hulu and will invest $750 million to help it grow.
July 12- Twenty-First Century Fox Inc, NBCUniversal and Walt Disney Co said they would invest $750 million in streaming video site Hulu and maintain their stakes in the company. The companies said they had "meaningful conversations" with potential partners and buyers but decided to stay with Hulu.
SAN FRANCISCO, July 10- Apple Inc couldn't have been too surprised on Wednesday when a judge slammed the company for violating antitrust laws over e-book pricing- the judge had warned in May that she believed the government could prove its case.
*Apple, publishers sought to end price competition-judge. NEW YORK, July 10- In a sweeping rejection of Apple Inc's strategy for selling electronic books on the Internet, a federal judge ruled that the company conspired with five major publishers to raise e-book prices.
*Apple, publishers sought to end price competition-judge. NEW YORK, July 10- In a sweeping rejection of Apple Inc's strategy for selling electronic books on the Internet, a federal judge ruled that the company conspired with five major publishers to raise the retail prices of e-books.
In a major ruling on e-commerce, a federal judge decides that Apple conspired to raise the retail prices of e-books, and says a trial for damages will follow. Apple vows to appeal.
A federal judge's ruling that Apple conspired to raise e-book prices may not mean cheaper e-books for consumers. Prices were already dropping.
*Apple, publishers sought to end price competition-judge. NEW YORK, July 10- In a decision that could reshape how books are sold on the Internet, a federal judge ruled that Apple Inc conspired to raise the retail prices of e-books in violation of antitrust law, and called for a trial on damages.
July 10- Tribune Co will separate its publishing business from its broadcast division, it said on Wednesday, following the path taken by Time Warner Inc and News Corp.. The tax-free spinoff of Tribune's eight newspapers, which include the Los Angeles Times and Chicago Tribune, will have its own board of directors and senior management team.
Tribune Co. said it plans to separate its newspaper publishing and broadcasting businesses.
Hulu has attracted three bids of over $1 billion from suitors, including a partnership of AT&T and Chernin Group, the Wall Street Journal reported.
Liberty Media's John Malone might be the most popular billionaire roaming the Sun Valley Resort as deal making returns to the spotlight.
Investors had waited for Murdoch to split News Corp, giving its cable, movie and equity stakes in pay-TV assets their own spotlight away from the publishing division. At 20.7 times, it is higher than Walt Disney, Viacom and Time Warner, and ranks second only to Discovery according to estimates from UBS analyst John Janedis.
July 1- News Corp shares slipped on Monday, when the company began trading separately from the 21st Century Fox entertainment operation, as investors gave a tepid reception to the slower-growing publishing business.
July 1- News Corp and 21st Century Fox began trading as two separate companies on Monday, giving investors the choice of a fast-growing entertainment business and a slower-growing but prominent publishing concern.