Thursday, 24 May 2012 | Source: The Associated Press
Former UCLA player Reeves Nelson is suing Sports Illustrated for $10 million, citing defamation, false light and intentional infliction of emotional distress over its recent article about problems in the school's basketball program.
BOSTON (Reuters) - The cost of much coveted television rights for top sports programming will continue to rise, a panel of top U.S. TV sports executives predicted on Wednesday.
Monday, 21 May 2012 | Source: The Associated Press
Here are highlights of recent quarterly earnings reports from selected Internet and media companies and what they say about the state of spending on advertising:
AOL reported better-than-expected quarterly revenue and profit on Wednesday, although lower premium ad sales in the United States and subscriptions dragged total revenue down.... Read More
Time Warner isn’t the only company that benefited from digital and advertising increases — CBS is trading higher today after reporting better than EVER—first quarter results... Read More
Wall Street bulls are hoping for more good economic news following a surprisingly strong manufacturing report that helped push the Dow to a four-year high.... Read More