Liberty Media and IAC/InterActiveCorp resolved their legal dispute over IAC's proposed restructuring, paving the way for a spinoff of four IAC units

Apple's iTunes online store will sell television shows from Time Warner's HBO cable network, including "The Sopranos" and "The Wire," the companies said Tuesday.

Superhero movie "Iron Man" pounded the competition at North American box offices for the second straight weekend, landing at No. 1 with just over $50 million in ticket sales, according to studio estimates Sunday.

Walt Disney posted a better-than-expected rise in earnings on growth at its movie studio, theme parks and media networks.

NBC Universal, a unit of General Electric, plans to say next week that the entry price for a 2009 Super Bowl 30-second ad will be $3 million, the Wall Street Journal said on Tuesday.

Marvel Entertainment, which licenses comic book characters for films and consumer products, raised its full-year earnings and sales forecasts Monday after reporting its first-quarter profit topped analysts' estimates.

Comic book adventure "Iron Man" proved its mettle at the North America box office, kicking off the summer movie season with estimated weekend ticket sales of $100.75 million and marking an unlikely commercial rebound for its star, Robert Downey Jr.

Cablevision Systems has made a $650 million bid for Tribune's Newsday newspaper, topping rival offers from media titans Rupert Murdoch and Mortimer Zuckerman, a source briefed on the matter said Friday.

Hollywood studios are counting on actor Robert Downey Jr. and his big-screen incarnation as "Iron Man" to blast them out of a box office slump as the lucrative summer movie season opens this weekend.

While Walt Disney  plays damage control over the near-topless photos of Miley Cyrus, the hugely popular teen star of its lucrative "Hannah Montana" multi-media franchise, most analysts say the event is more likely to boost the bottom line than hurt it.

Media companies, like the New York Times Company and News Corp, are facing a new set of challenges, and CNBC's Julia Boorstin takes an in-depth look.

The Wall Street Journal's managing editor is resigning, Dow Jones said, setting the stage for News Corp chief Rupert Murdoch to further consolidate his power in the business paper's newsroom.

Tribune plans to sell the Newsday daily newspaper on Long Island to News Corp for about $580 million, The Wall Street Journal reported online on Monday, citing sources familiar with the situation.

The managing editor of the Wall Street Journal is planning to resign his post, the Journal reported on its website on Monday.

New York City Mayor Michael Bloomberg said on Monday he is not entering the newspaper business, after media reports said he could be a possible suitor for New York Times.