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Current News and Media News Today Big media buy back shares with cable TV cash (Reuters) - Big U.S. media companies bought back record amounts of their own shares in the last year, with cash generated by cable television networks that drew strong viewership and advertising dollars despite the economic uncertainty. News Corp was the latest media conglomerate to top Wall Street's profit forecasts after the market closed on Wednesday. Earlier in the day, Time Warner Inc ... Thu, 09 Feb 2012 05:03:40 -0800 Yellow Media shakes up board, cancels preferred shares dividend to pay down debt By LuAnn LaSalle, The Canadian Press MONTREAL - Struggling Yellow Media Inc. (TSX:YLO.TO - News) has cancelled its preferred dividends and added members to its board of directors with corporate finance and technology ... Thu, 09 Feb 2012 09:59:05 -0800 News Corp reaches more phone hacking settlements LONDON (Reuters) - A further 15 politicians, sportsmen and celebrities reached settlements with the British newspaper arm of Rupert Murdoch's News Corp on Wednesday over a phone hacking scandal that has rocked his global media empire. The development increases the chances that the publisher may yet avoid further embarrassing details of its conduct from being publicly aired in court - although at ... Thu, 09 Feb 2012 06:58:05 -0800 UPDATE: Blancspot Media Launches Interactive Social News App for Google TV SAN FRANCISCO, CA-- - Blancspot Media, LLC today announced it has extended its award winning interactive news service with its launch of Blancspot for Google TV . "We created Blancspot to offer a ... Tue, 07 Feb 2012 11:35:00 -0800 News Corp Profits Up Despite Hacking Payouts Profits at media group News Corporation rose by nearly two thirds in the final three months of last year, boosted by income from its US cable television networks.Rupert Murdoch's media company, which runs ... Thu, 09 Feb 2012 02:45:49 -0800 |
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