Media Sector
Democrat wins Senate seat in Connecticut: networks
Nov 06, 2012 20:48 EST
A Democrat beat out a former wrestling promoter for a US Senate seat in Connecticut that Republicans had hoped to pick up in their campaign to win back control of the chamber, television networks reported Tuesday.
Romney, Obama get first wins in safe states: networks
Nov 06, 2012 19:12 EST
Republican White House hopeful Mitt Romney picked up his first wins in two safe states on Tuesday while President Barack Obama won Vermont as expected, US television networks reported.
Asset sale, cable TV fuel News Corp profit jump
Nov 06, 2012 18:03 EST
News Corp on Tuesday reported a surge in quarterly profits from a year ago to $2.2 billion, lifted by strong results from cable TV and film operations as well as a large one-time asset sale.
First film on bin Laden raid pulls 2.7 mln viewers
Nov 05, 2012 22:23 EST
About 2.7 million viewers watched Sunday's television premiere of the first movie about the US commando raid that killed Osama bin Laden, the National Geographic Channel said.
Puppets protest Romney threat to US public broadcasting
Nov 03, 2012 17:00 EDT
Puppets urged politicians Saturday to keep up federal funding for US public broadcasting after Republican presidential challenger Mitt Romney threatened to pull the plug on Big Bird and friends.
Washington Post Co. swings to profit amid print woes
Nov 02, 2012 13:56 EDT
The Washington Post Co. said Friday it swung to a profit of $93.8 million for the third quarter from a loss a year earlier, despite ongoing woes at its flagship daily newspaper.
Pay-TV giant BSkyB announces dip in profits
Nov 01, 2012 08:07 EDT
British pay-TV giant BSkyB said on Thursday that net profits fell in its first quarter after an exceptional loss offset a rise in revenues and customers thanks to the Olympics and other British sporting success.
Japan's Sharp Corp. projects $5.6 bn annual loss
Nov 01, 2012 02:49 EDT
Embattled Japanese electronics maker Sharp said Thursday it would book a $5.6 billion annual net loss in the wake of a huge restructuring, nearly double its earlier forecast.
Panasonic shares plunge after loss forecast
Nov 01, 2012 02:36 EDT
Shares in Panasonic dived nearly 20 percent Thursday after the Japanese firm warned of a mammoth $9.6 billion annual loss in the latest sign of trouble for the nation's hard-hit electronics giants.
Japan's Sharp to book record $5.6 bn loss: reports
Oct 31, 2012 22:19 EDT
Embattled Japanese electronics maker Sharp will book a record $5.6 billion annual net loss, reports said Thursday, a day after rival Panasonic warned of a mammoth $9.6 billion loss for its fiscal year.
Murdoch's News Corp gives $1 mn to Sandy victims
Oct 31, 2012 19:45 EDT
Media mogul Rupert Murdoch said Wednesday that News Corp. would donate $1 million to help victims of superstorm Sandy in New York and New Jersey, and urged other firms to follow suit.
Disney buys 'Star Wars' studio, plans new film
Oct 31, 2012 03:34 EDT
Walt Disney Co announced Tuesday it is buying "Star Wars" director George Lucas' film company for $4 billion, and plans to revive the classic sci-fi series starting with a new movie in 2015.
Shareholders approve Murdoch buyout of Australia's CMH
Oct 31, 2012 02:22 EDT
Shareholders in James Packer's majority-owned Consolidated Media Holdings on Wednesday voted overwhelmingly in favour of a US$2 billion takeover by Rupert Murdoch's News Limited.
Disney buys 'Star Wars' studio, plans new film
Oct 30, 2012 23:02 EDT
Walt Disney Co announced Tuesday it is buying "Star Wars" director George Lucas' film company for $4 billion, and plans to revive the classic sci-fi series starting with a new movie in 2015.
France makes billion euro tax claim against Google: report
Oct 30, 2012 21:32 EDT
French tax authorities have made a billion-euro ($1.3 billion) claim against Google to pressure it in a dispute over compensation to media websites, a French newspaper reported, a claim denied by the US Internet giant's local arm.
Disney buys Lucasfilm, new 'Star Wars' film in 2015
Oct 30, 2012 17:18 EDT
Disney is to buy George Lucas's renowned film studio including his "Star Wars" franchise, the entertainment giant said Tuesday, announcing plans for more films in the legendary sci-fi series.
GTA 5 videogame to hit streets early next year
Oct 30, 2012 14:35 EDT
Rockstar Games announced on Tuesday that a hot new installment to free-wheeling videogame Grand Theft Auto will hit streets by the middle of next year.
US newspapers gain online, but print lags
Oct 30, 2012 11:15 EDT
US daily newspapers gained online readers over the past six months, but not enough to make up for declining print circulation, industry data showed Tuesday.
Canada's Toronto Star to charge for online news
Oct 29, 2012 15:15 EDT
Canada's largest circulation newspaper, The Toronto Star, announced Monday plans to charge readers a monthly subscription to access its online edition, after its main competitors also put up so-called paywalls.
Google boss meets French president amid revenue row
Oct 29, 2012 14:18 EDT
Google's executive chairman Eric Schmidt met French President Francois Hollande on Monday amid a revenue row with French, German and Italian media firms which want the Internet giant to pay for content.
