ESPN, the sports channel that is Walt Disney's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a source said.» Read More
CNBC's Julia Boorstin reports the media giant will spin off Time Inc. as an independent, publicly traded company later this year.
Time Warner says its board has approved a tax-free spin off of Time Inc., reports CNBC's Mary Thompson.
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.
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.
Feb 26- New York- based cable operator Cablevision Systems Corp filed an antitrust lawsuit on Tuesday alleging that Viacom Inc forced it to pay for 14 cable networks it did not want as a condition of carrying the media company's more popular channels such as Nickelodeon, MTV and Comedy Central.
Check out which companies are making headlines before the bell on Friday:
*Analysts say Comcast getting good price. *Comcast has been making executive changes at NBC. Feb 12- Comcast Corp clinched full control of NBC Universal for $16.7 billion on Tuesday, the latest in a series of deals that have taken the cable operator from humble roots in Tupelo, Mississippi, to Manhattan's iconic Rockerfeller Center.
NEW YORK, Feb 11- Dish Network Corp went to trial against ESPN Inc on Monday over claims the sports programmer owes it more than $152 million after breaching a contract by offering better deals to rival distributors. The lawsuit in U.S. District Court in Manhattan pits the No. 2 U.S. satellite company against the sports affiliate of media group Walt Disney Co..
News Corp. beat earnings expectations, but shares reversed their move upward and headed into negative territory on the media giant's lowered outlook on concerns about the European economy.
Time Warner increased its dividend by 11 percent, and authorized a new $4 billion buyback. CNBC's Julia Boorstin spoke with its CEO Jeff Bewkes for more insight.
U.S. stock index futures erased their early gains to turn lower in choppy pre-market trading Wednesday, as investors parsed through a batch of mixed earnings news .
Netflix's move into original content could shift the business, BTIG media analyst Rich Greenfield says.
The South Street Seaport is recovering three months after Sandy. How some small-business owners are using technology to keep sales ringing.
What to expect when two giants—Viacom and Time Warner Cable—report quarterly earnings before the bell on Thursday.
CNBC's Julia Boorstin reports Viacom is under pressure from declining ratings, and Time Warner Cable's earnings per share are expected to grow 18 percent.
If Harvey Weinstein saw reason to be credulous of trader instincts, maybe 2013 is when Netflix proves itself to skeptics.
Al Jazeera's announced plans to establish a new U.S. cable news channel via the purchase of Current TV isn't even 48 hours old and already it finds itself in a vicious battle to retain distribution rights.
Al Jazeera said on Wednesday it will buy Current TV, the struggling cable channel founded by Al Gore and partners, in a move that will boost the Qatar-based broadcaster's footprint in the United States.
Some of the names on the move ahead of the open.