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  • *AOL shares jump 19 pct; Verizon down 0.7 pct. May 12- Verizon Communications Inc said on Tuesday it will buy AOL Inc for $4.4 billion, turning the biggest U.S. wireless carrier into a leading provider of content and video for the web and mobile phones. AOL and its properties, including the Huffington Post, TechCrunch and Engadget websites, would become a Verizon...

  • *AOL shares jump 19 pct; Verizon down 0.5 pct. May 12- Verizon Communications Inc said on Tuesday it will buy AOL Inc for $4.4 billion, turning the biggest U.S. wireless carrier into a leading provider of content and video for the web and mobile phones. AOL and its properties, including the Huffington Post, TechCrunch and Engadget websites, would become a Verizon...

  • Many options may be the best option for Bill Simmons Tuesday, 12 May 2015 | 10:50 AM ET
    Bill Simmons

    Free from ESPN, marquee sports columnist Bill Simmons may be best not to tether himself to one company next time, say experts.

  • *Deal includes $300 mln in AOL debt. *AOL CEO Tim Armstrong to continue to lead company. May 12- Verizon Communications Inc said it would buy AOL Inc in a $4.4 billion deal that gives the biggest U.S. wireless carrier access to AOL's mobile video platform and content including the Huffington Post news website.

  • Disruptor 50: No. 50 Snapchat Tuesday, 12 May 2015 | 7:00 AM ET
    Snapchat CEO Evan Spiegel.

    A huge hit with teens, the Snapchat message app that lets you share video and photos in seconds has built a cult following.

  • BOSTON, May 12- Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. The CEOs of 11 major media companies were given median compensation of $32.9 million for 2014, much higher than any other industry group in the Standard& Poor's 500 index, according to regulatory filings posted in the first four months...

  • Dish revenue jumps as pay-TV revenue per user rises Monday, 11 May 2015 | 7:19 AM ET
    A field service specialist for Dish Network installs a satellite television system at a residence.

    Dish Network reported a 3.6 percent rise in revenue as more revenue per user in its pay-TV business made up for a fall in total number of subscribers.

  • 'Avengers 2' won't stop beating up competition Sunday, 10 May 2015 | 3:25 PM ET
    A scene from "Avengers: Age of Ultron"

    The Avengers sequel topped the domestic box office for the second weekend in a row with an estimated $77.2 million according to data.

  • NEW YORK, May 8- A U.S. federal jury cleared HBO of libel claims on Friday in a lawsuit brought against the Time Warner Inc subsidiary by a British sporting goods company over a report linking it to child labor in India. Mitre Sports International, a unit of Britain's Pentland Group, sued HBO for defamation in October 2008, after a report called "Children of Industry,"...

  • NEW YORK, May 8- A federal jury cleared HBO of libel claims on Friday in a lawsuit brought against the Time Warner Inc subsidiary by a British sporting goods company over a report linking it to child labor in India. Mitre Sports International, a unit of Britain's Pentland Group, sued HBO for defamation in October 2008, after a report called "Children of Industry" first...

  • NEW YORK, May 7- A lawyer for HBO said on Thursday that a libel case brought against the Time Warner Inc subsidiary by a British sporting goods company was groundless and maybe even defamatory. The comments from HBO lawyer Dane Butswinkas, in which he dismissed the charges against his client as "grossly irresponsible," came in his closing arguments in a trial in U.S....

  • *Adj loss $0.06/ shr vs est $0.20. May 7- Time Inc, the publisher of Time, People and Sports Illustrated magazines, reported yet another decline in quarterly revenue as circulation dropped further, and advertising dollars continued to move to digital media from print. Time, whose stable includes Fortune and Entertainment Weekly, reported a loss of 6 cents per share,...

  • May 7- Time Inc, the publisher of Time, People and Sports Illustrated magazines, reported a much smaller-than-expected quarterly net loss, helped by a rise in its digital advertising revenue and lower costs. Time, which also publishes Fortune and Entertainment Weekly magazines, was spun off from Time Warner Inc last June. The company's net loss narrowed to $9...

  • Bundle? You can't stop technology: Ex-ESPN head Wednesday, 6 May 2015 | 1:34 PM ET
    George Bodenheimer

    There's not going to be a one-size-fits-all model for watching television anymore, former ESPN President George Bodenheimer tells CNBC.

  • 'Avengers' sequel 2nd biggest US open of all time Monday, 4 May 2015 | 7:33 AM ET
    The Avengers unite against Ultron in the film “Avengers: Age of Ultron.”

    "Avengers: Age of Ultron" sequel failed to top the all-time record of the first film's $207.4 million debut in 2012.

  • Operating conditions in Venezuela worsened in February after President Nicolas Maduro's socialist government launched a 70 percent devaluation of the bolivar via a new "free floating" currency system known as Simadi. Herbalife, which did not return messages seeking comment, has said in regulatory filings it may be forced to deconsolidate its operations in...

  • April 30- Time Warner Cable Inc, the No. 2 U.S. cable TV operator, reported a 3.5 percent rise in revenue as it added more residential video and high-speed data subscribers than expected. Time Warner Cable added a net 30,000 residential video customers in the first quarter ended March 31, more than double the 11,800 market research firm Factset StreetAccount had...

  • Trader on the floor of the New York Stock Exchange.

    U.S. stocks traded lower as investors weighed a weaker-than-expected GDP report and earnings reports ahead of the Fed statement release.

  • Floyd vs Manny: Breaking down the cash flow Wednesday, 29 Apr 2015 | 2:16 PM ET
    Floyd Mayweather (left) and Manny Pacquiao attend the press conference in Los Angeles in March to announce their fight.

    Rivers of money are flowing into boxing's biggest bout in years, and it's not just the boxers who will see a windfall.

  • What the stats say about Mayweather and Pacquiao Wednesday, 29 Apr 2015 | 2:05 PM ET
    Manny Pacquiao (right) and Floyd Mayweather face each other at a press conference on March 11, 2015, in Los Angeles.

    Floyd Mayweather and Manny Pacquiao face off Saturday in the biggest boxing match of the year. CompuBox stats show that Pacquiao throws more punches.