News Corp. (NWS +3.1%, NWSA +2.9%) says it’s closed on a planned sale of its Amplify digital education businesses, to a management team backed by private investors. Financial terms were undisclosed,
It seemed like a strange fit — the world’s most glamorous media company in windswept, workaday Lower Manhattan. But its employees are adjusting.
News Corp. (NWS +3.1%, NWSA +2.9%) has fired about 40% of staff at its Amplify digital education unit, suggesting the wind-down is progressing. The company had said in August it’s in the "final p
"The Ring" sequel "Rings" is getting a new release date. Paramount Pictures is pushing back the third film in the horror series from its Nov. 13 debut. It will now launch in 2016, most likely in th…
Google (GOOG, GOOGL) and Microsoft (NASDAQ:MSFT) have ended a long-running patent spat involving about 20 suits in the U.S. and Germany. Financial terms are confidential.Microsoft, which collects roya
Sean Atkins, a digital-media executive from Discovery Communications, has been named the new president of MTV, taking over from the departing Stephen Friedman. Atkins will report to Doug Herzog, p…
TV sports leader ESPN reportedly is planning cuts to its signature "SportsCenter" show in light of fans’ growing appetite for digital news.
The announcement could come as early as tomorrow.
NHL Commissioner Gary Bettman on Tuesday reaffirmed that the fee for a potential expansion franchise will be half a billion dollars but said the process of evaluating applications from Quebec City and Las Vegas has no deadline for a resolution.
Longtime MTV executive Stephen Friedman is exiting the Viacom-owned network.
The inevitable is finally happening: Twitter is going to announce that Jack Dorsey will once again become permanent CEO of the company, according to a Recode report. The announcement could come as …
Body slamming US stars beat nursery-rhymes channel Little Baby Bum with 456.4m views of their videos, boosted by Summerslam 2015
The German publisher Axel Springer DE is purchasing 88 percent of Henry Blodget’s extremely popular travel blog, Business Insider, for 343 million dollars in cash; its stake is valued at 390 million dollars. (The total value of the company is …
iPhones may not be very good at photographing lunar eclipses, but apparently they’re just fine for television news broadcasts. A local TV news station in S
On a busy second Tuesday of the television season that saw NBC dominate behind "The Voice," Fox comedies "Grandfathered" and "Grinder" opened to decent numbers while ABC’s new laffer "The Muppets" …
After this summer’s debacle over Fantastic Four, it’s easy to understand why 20th Century Fox executives got nervous when director Rupert Wyatt began to seem skittish about taking on its next Marvel character movie, Gambit.
In a flare-up of retransmission consent wrangling, more than 130 local TV stations could go dark in the next 48 hours on DirecTV, Dish Network and U-verse as contract talks go down to the wire. Dis…
9th Circuit notes the procompetitive purposes of compensation limits to amateurs.