Oscar Schafer, chairman of Rivulet Capital, is making a bet that shares of a small-cap biotech company will rally.» Read More
Steven Neimeth, portfolio manager of the SunAmerica Value Fund, sees plenty of positives in this turbulent market. The strategist offered CNBC his view of the economy -- and named the stocks he likes.
A new Web site called GeneTree.com wants to help answer the question "Who am I?" by combining DNA data with information-sharing technology popularized by News Corp's MySpace.com and Google' YouTube.
Fox knows how to produce content--and now its interactive division is producing a special kind of content for the web. But, these aren't just ordinary 'mobisodes:' this is a show created solely for MySpace TV, which is of course owned by News Corp.
The new vampire thriller "30 Days of Night" sucked the life out of its box office rivals, opening at No. 1 with estimated weekend sales of $16 million, according to studio estimates issued Sunday.
The Hollywood screen and TV writers have all cast their votes on whether or not to strike--the deadline was yesterday. And today, at about two or three pm pacific time, the WGA is expected to announce that they've gotten authorization to strike--a nice threat to have in their pocket when they go into the 11th day of negotiations with the Producers on Monday.
Media companies including Viacom, Microsoft, News Corp.'s Fox and MySpace units and others have agreed to guidelines aimed at protecting copyrights online, a source familiar with the matter said on Thursday.
Check a chart of eBay these last three months and you'll see a company in rally mode; a rally that is continuing in a big way today and today's momentum comes from an ironic source. Earlier this quarter, eBay wrote down its Skype investment by about 50%...
Top social network site MySpace and Web-calling leader Skype will offer MySpace members free Internet phone services in a bid to expand their user bases while fending off rivals, company officials said on Tuesday.
Google's biggest challenge for its online video site YouTube, is getting professionally-created content on board. That means having a serious anti-piracy plan. So, YouTube has finally unveiled its new filtering tools to find copyrighted material.
MySpace, the world's largest social networking site, said Tuesday it has signed a music video licensing deal with Sony BMG Music Entertainment supported by sharing advertising revenue.
The New York State attorney general and Facebook Inc have agreed to a settlement of a child safety probe targeting the fast-growing social network site, people familiar with the deal said Monday.
As Yahoo approaches the end of a 100-day strategic review, financial analysts want drastic action or even a sale of the company, although many are bracing for business as usual.
The Writers Guild of America is asking if its members to authorize a strike. Leaders of the powerful Hollywood guild asked its 13,000 members for strike authorization: saying that the movie studios and networks are basically giving them no choice, are refusing to engage in serious negotiations, and are rejecting all the proposals.
The numbers are in and it was a rich third quarter for candidates--Hillary Clinton's campaign raised $27 million in the third quarter, beating Barack Obama, whose campaign raised about $20 million over the same time period.
The founder of BET, Robert L. Johnson, just announced he's going into a new business--one that has very little to do with his media background. He's going to be buying and operating car dealerships in the southern and midwest regions of the country, partnering with the McLarty-Landers Automotive Group.
News Corp, ProSiebenSat.1, RTL Group, Czech CME and Greek Antenna TV are interested in buying Turkey's ATV-Sabah, an official at the body selling the firm said on Monday.
CBS CEO Les Moonves, wanting to dispel concerns that an economic slowdown would hurt ad sales, said that CBS ad sales are up 30% in the current scatter market, at Merrill Lynch's Media conference.
Free is the big trend these days when it comes to TV and newspaper content on the web. Television networks and newspapers are adopting free, ad-supported models online. They're ditching pay-per-episode and subscription services to go after a bigger audience and higher profits. The new approach? More, more targeted ads.
News Corp chief Rupert Murdoch on Tuesday sketched out early plans for Dow Jones, saying he leaned toward making the online Wall Street Journal free but had not yet made a decision.
The Emmys kicked off the awards season last night--worst dressed lists are already up and starlets have begun collecting the season's "gifting suite" loot. The Emmy 'prizes' were doled out to some of the usual suspects--"The Sopranos" team collecting the gold statuettes for 'top drama series', best writing and direction.