Peter A. Chernin, the former president of the News Corporation and one of the most prominent media executives not tethered to a major conglomerate, is advising Comcast in its bid to acquire a majority stake in NBC Universal, according to executives briefed on the matter.
Of the world’s biggest media companies, the one that might seem in the best position to ride out the recession is Vivendi, whose headquarters in the shadow of the Arc de Triomphe oversees a sprawling empire of music, pay television, video game and mobile phone businesses.
Wednesday, 14 Oct 2009 | Source: The Associated Press
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.
Tuesday, 6 Oct 2009 | Posted By:
Darren Rovell | Source: CNBC.com
Monday Night's game between the Minnesota Vikings and the Green Bay Packers has broken the record for the most watched sporting event on cable television.
Thursday, 1 Oct 2009 | Posted By:
David Faber | Source: CNBC.com
General Electric and Comcast are discussing a deal in which GE would spin off its NBC Universal unit and merge the new company with the content assets of Comcast, CNBC has learned. The deal is far from certain.
Monday, 28 Sep 2009 | Source: The Associated Press
The Philippines appealed for international help Monday after a tropical storm killed 140 people in the country's north and warned a new storm could strike this week.
Sunday, 27 Sep 2009 | Source: The Associated Press
Army troops, police and volunteers pluck dead bodies from flood waters and rescue drenched survivors from rooftops after Tropical Storm Ketsana tore through northern Phillippines.
Friday, 25 Sep 2009 | Source: The Associated Press
The father of the late "Meet the Press" moderator Tim Russert has died in Buffalo, NY. He was 85. The family of Timothy J. Russert Sr. issued a statement saying he died Thursday of natural causes.
Despite growing concerns of a collapse in the commercial realty market, the Observer Media Group owner and publisher Jared Kushner is launching a commercial real estate newspaper: The Commercial Observer.
Vivendi's CEO said no decision has been made on whether the company will seek to exit a partnership it's been in since it sold NBC its Universal Studios and accompanying assets in 2003.
Rupert Murdoch's latest gambit has the potential to have huge impact on the value of content industry wide; he could also risk losing a huge chunk of News Corp's readership.... Read More