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  • Steve Ballmer

    Microsoft said Monday its $44.6 billion unsolicited offer for Yahoo was priced to make it easy for the company to accept, and it expects Yahoo's board and shareholders to agree to the buyout quickly.

  • The week ahead may be volatile, but markets are greeting it with less anxiety than we've seen in several weeks.

  • Yahoo!'s headquarters in California.

    Microsoft's proposed acquisition of Yahoo would marry the world's biggest software maker with a leading Internet media company, shaking up the online market.

  • With the big game just around the corner, here are even more companies that are primed for big business on the back of Super Sunday...

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    Illegal downloading outpaces legal downloading alternatives by 20-to-one. Record companies may have grown their digital music revenue by 40 percent over the past year, but that's so far from enough to keep up with the death of the CD business.

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    If you're an entertainment buff, you can't miss the significant presence of Scientology. Over the past few weeks, dozens of people have e-mailed me links to Tom Cruise's Scientology rant -- more accurately, it's his acceptance of a Scientology award -- and it's so bizarre...

  • The epic spoof "Meet the Spartans" narrowly beat out "Rambo" to nab the top spot in the weekend box office, according to studio estimates Sunday.

  • Writers Guild of America

    Hollywood was hibernating and  now there's finally a thaw. Thanks to the DGA making a deal with the AMPTP, the Writers Guild is in its third day of 'informal talks.' There were even more informal talks before this, but apparently these don't quite count as official just yet.

  • "No Country for Old Men" and "There Will Be Blood" led with eight Academy Awards nominations each Tuesday, among them best picture and acting honors for Daniel Day-Lewis and Javier Bardem -- but it remained in doubt whether any stars would cross striking writers' picket lines to attend the ceremony.

  • The creature-feature "Cloverfield" became the first monster hit released in 2008, debuting with $41 million, a record opening for January, according to studio estimates Sunday.

  • The creature-feature "Cloverfield" became the first monster hit released in 2008, debuting with $41 million, a record opening for January, according to studio estimates Sunday.

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    If you have a high definition DVD player you surely spent hours trying to figure out whether to buy HD DVD or Blu-ray. Or maybe like me you don't have a player to go with your HD TV because it was too confusing and the fear of being left with a Beta player too high.

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    Good news for those who want their scripted TV shows back on air: The Directors Guild met all weekend long with the Producers Association, the AMPTP, and it sounds like they might be pretty close to a finding a compromise, which could prompt the writers to make a deal.

  • Jack Nicholson and Morgan Freeman narrowly took the No. 1 spot at the weekend box office in North America with their comedy "The Bucket List," according to studio estimates issued Sunday.

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    The industry is at the technological and financial crossroads. With high definition TV here to stay, porn distributors and producers have to decide whether to adopt an expensive and potentially embarrassing new technology that promises to squeeze already shrinking profit margins.

  • Economic concerns are making Wall Street nervous about the media sector. Today analysts at Goldman Sachs and Sanford Bernstein issued negative reports on the broad media sector. GS's Anthony Noto reduced estimates across communications, media and entertainment sectors.

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    Yet another sign of the convergence of content and technology: For the first time, a cable company CEO made a keynote speech at CES. This morning, Comcast spacer chief Brian Roberts announced a new strategy, calling it Comcast 3.0.

  • In an attempt to engineer a workaround of a writers’ strike that is playing havoc with the awards season, the Hollywood Foreign Press Association announced Monday that the festive awards dinner would be replaced this Sunday night by a news conference to announce the prize winners.

  • Nicolas Cage's "National Treasure" sequel was the top draw at North American movie theaters for a third consecutive weekend, while a pregnant schoolgirl delivered another healthy box-office bundle.

  • Warner Brothers

    Warner Bros. has become the latest studio to back Blu-ray exclusively. The announcement scheduled for Monday at the Consumer Electronics Show in Las Vegas instead leaked out today with the studio now confirming the news.