Time Warner's AOL Internet division said Thursday it will buy social network Bebo for $850 million in cash, bolstering its consumer Internet offerings even as the media conglomerate mulls splitting off the business.
The Montgomery Tech conference is underway in Santa Monica, Calif. This is where the big media, tech, and telecom giants come to check out the 160 independent firms presenting their businesses. Cisco, Microsoft, IBM, Google, Disney, News Corp. -- 100 "buyers" in total are here checking out the start-ups and weighing investment possibilities.
Hulu.com is finally going public on Wednesday. After a four-and-a-half-month long public beta, the video site, co-founded and jointly owned by News Corp. and NBC Universal, is launching officially.
The president and chief executive of the Walt Disney Company says his company is not recession-proof, but it is positioned well enough to avoid being badly hurt in an downturn.
Rupert Murdoch CEO of News Corp, spoke at Bear Stearns annual media conference today, weighing in on the U.S. economy. He said he's now "more pessimistic" about the economy. Though he also said that News Corp is well positioned to weather an economic downturn because only about 20 percent of the company's business comes from advertising...
TiVo announced its earnings Wednesday, showing the results of its new, broader focus-- licensing its technology to cable companies, selling interactive TV ads and results of whether those ads are watched, and pushing forward with movie and music downloads.
After years of grand jury testimony, the trial of Anthony Pellicano, erstwhile private eye-to-the-stars, starts this week. Jury selection is underway in downtown Los Angeles.
Will Ferrell stumbled at the North American box office Sunday with his latest sports comedy, "Semi-Pro." The basketball spoof narrowly took the No. 1 spot with disappointing ticket sales of $15.3 million, its struggling distributor New Line Cinema said
Liberty Media's acquisition of News Corp's stake in DirecTV Group received antitrust approval on Tuesday, a day after U.S. communications regulators approved the deal.
A new hour-long show called "Quarterlife," debuting tonight on NBC, will be the first-ever show produced and shot for the Internet to air on network TV.
U.S. video game giant Electronic Arts Sunday said it had made an unsolicited $1.9 billion offer for "Grand Theft Auto" publisher Take-Two Interactive Software, escalating its battle with Activision for the title of biggest video game maker.
The 80th Annual Academy Awards brought the glamour and champagne back to Hollywood after a grim 100-day strike. John Stewart cracked the requisite jokes about the work stoppage -- calling the Oscars the "makeup sex" for the industry.
Microsoft said it will stop making HD DVD players for its Xbox 360 video game system after Toshiba ceded the high-definition video format battle to Sony Corp.'s Blu-ray.
The new assassination thriller "Vantage Point" shot to the No. 1 spot at the weekend box office in North America while Oscar nominees "Juno" and "There Will Be Blood" enjoyed solid sales ahead of Sunday's Academy Awards ceremony.
You'd think the Academy Awards were controlled by studio moguls or movie stars. But the guys really holding the cards -- literally -- are a couple of accountants. Forget about George Clooney and Will Smith -- without Price Waterhouse Coopers, the show couldn't happen.
Hollywood is coming off a strong year at the box office, but the 80th Academy Awards ceremony on Sunday, Feb 24 will make for a merciful-- if triumphant -- end to a dreadful awards season. As for that storied Oscar box office bump, a lot depends on the individual circumstances of the films.For years, there's been talk of an Oscars box office boost, but it's generally hard to quantify and a lot depends on the individual circumstances of the films.For years, there's been talk of an Oscars box office boost, but it's generally hard to quantify and a lot depends on the individual circumstances of the films.
Talk about a power duo: Apple's iTunes just became a signature sponsor and the official online content supplier for American Idol. This means if you want to hear or watch a video of a music performance, you can find it all on iTunes for 99 cents or $1.99 starting March 11. Apple is joining Coke, Ford, and AT&T...
Japan's Toshiba waved the white flag in the home movie war, giving up on its HD DVD format after losing the support of key studios and retailers to Blu-ray technology backed by Sony.
Microsoft plans to invest heavily in Web search to compete against Google, even if it fails to acquire Yahoo, the company's chairman Bill Gates said on Monday.
Fast Company Magazine is issuing its annual list of the world's 50 most innovative companies. Do you own a company on the list -- and should you? (PART 3)