If AOL's announcement on Thursday of another 2,500 job cuts is anything to go by, the painful layoffs that have ravaged the media industry over the past year are nowhere near over.

Time Warner posted lower quarterly profit, but results surpassed expectations, and the media powerhouse raised its full-year earnings forecast in a sign that advertising sales are showing life.

Stocks finished mixed Tuesday as techs struggled after a downgrade on Intel. Transports rose following news that that Warren Buffett is buying Burlington Northern railroad. Industrials also gained after this week's encouraging manufacturing reports.

Stocks tumbled Tuesday, led by techs after an analyst downgrade on Intel. Transports rose following news that Warren Buffett is buying Burlington Northern railroad.

Viacom quarterly profit breezed past expectations as consumers set aside money worries to scoop up the new Beatles video game and buy tickets for box-office hits like "Transformers" and "G.I. Joe."

With the markets in volatility mode, investors will likely be focusing on the Federal Reserve Tuesday, even though the 2-day Federal Open Market Committee meeting that begins this afternoon won't conclude until Wednesday. 

The Michael Jackson movie "This Is It" was No. 1 at the weekend box office in the U.S. and around the world but executives were slightly disappointed with its domestic performance.

Despite an extensive marketing campaign, positive reviews and some of the most widespread media attention ever given to a video game, “The Beatles: Rock Band” had a relatively lackluster first month on store shelves.

Media mogul Sumner Redstone's holding company, National Amusements, said Wednesday it is selling a portion of its stake in CBS and Viacom to pay off its debts.

Thanks to modern technology, the Fab Four are taking the world by storm once again – and while money still can't buy you love, it can buy you a piece of the companies who are reviving BeatleMania.

Media giant CBS beat the Street when it reported earnings of 8 cents a share last week, but its net profit is down more than 90 percent on the year. So why have CBS shares skyrocketed?

Stocks ended slightly lower Tuesday, though the Nasdaq eked out a gain. And Citigroup shares soared.

What we’ve compiled here instead are the titles that seem most likely to be hits this holiday season. They may not be the best games at the show, but given the state of the industry and the buzz on the floor, they’re the ones that will likely engage the general public. Although we couldn’t resist including one or two dark horses -- games that only the hardcore players are likely to love, but that affection could be enough to give them hit status.