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    Brace for the glimmerings of a comeback in confidence in 2009, if only because it can’t get much worse than this. So, look for a corporate smashup, a new look from Goldman Sachs, and, yes that's right, the next bubble.

  • Google Search

    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.

  • A vampire is about to take the box office by storm and seriously boost the profile of independent studio Summit Entertainment. "Twilight," opening this weekend, is on track to bring in as much as $60 million at the box office this weekend.

  • Busted for leading a high-end prostitution ring for numerous famous and wealthy clients in and around Hollywood. Fleiss was sentenced to 37 months in prison for tax evasion but served just 21.

    Here are some of the more notorious prostitution scandals that have made their way into the public's view over the years.

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    The job losses in this downturn are hitting workers across all income levels and job categories, and the cuts are swifter and broader than in past recessions.

  • LAYOFFS_wTEXT.jpg

    The job losses in this downturn are hitting workers across all income levels and job categories, and the cuts are swifter and broader than in past recessions.

  • Futures are down, but don't read this as a refutation of President-elect Obama. The S&P 500 has moved 11 percent in the past week, and many traders went home short on simple profit-taking.

  • Illinois Sen. Barack Obama's historic victory can't help but be a positive for markets, even if briefly.

  • Yahoo partners with Google

    Internet search leaders Yahoo and Google have given the Justice Department a revised version of their search advertising partnership in hopes of winning antitrust approval, a source close to the discussions told Reuters.

  • Thursday TiVo and Netflix announced a partnership that will make it even easier to give consumers the entertainment they want, on demand, from the comfort of their living room couch.

  • Yahoo partners with Google

    The word's out that a partnership between Google and Yahoo appears less likely. This  follows weeks of speculation that the deal was falling apart.

  • Despite the pullback in consumer spending and steeper than ever competition, Comcast on Wednesday reported remarkable growth in its third quarter.

  • High School Musical 3

    With Disney's fourth quarter and full-year earnings coming up on November 6th the company is in the spotlight: can it sustain its growth and the premium its stock is trading through the financial crisis and consumer pullback?

  • Sumner Redstone

    Sumner Redstone, the 85-year-old chairman of CBS and Viacom, is filing for divorce from his wife of five and a half years, Paula Fortunato.

  • The credit crunch is hitting the whole media sector — and hard. Two media moguls in particular, Sumner Redstone and Rupert Murdoch, have seen their firms' stock prices hammered. But they're finding themselves in diverse spots and they're spinning their situations quite differently.

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    Facing an increasingly bleak economic picture, media giant Viacom cut its financial outlook for the first year, sending its shares, and shares of other media stocks, falling.

  • Screen Actors Guild

    With these studio pics running between $100k and $500k per day, an actors' walkout could mean big trouble. Some studios will wait until next year before they start shooting, but for the most part the media giants are getting back to business, because they have little choice.

  • AOL

    We know that Time Warner is going to want to sell its AOL internet services division. Just last month TWX's CEO Jeff Bewkes said the company had taken care of the basic logistics to split off AOL's dial up business from the content business, planning to separate the two early next years.

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  • Hollywood

    Wall Street isn't so far from Madison Avenue or Hollywood Blvd. and the upheaval in the financial markets will have aftershocks reaching far into the media industry. It's sure to effect the already-suffering advertising industry as well as the film financing markets.