Business

Some Media Execs Uneasy About Scatter Market

Key executives at some media companies are openly expressing concern about the scatter market, while others remain optimistic, Advertising Age reports. In some cases, the two opposing views are part of the same corporate family. Viacom executives have been fretting…

Battle Lines Being Drawn Over NFL Blackouts

A federal lobbying group that targets television blackouts — especially NFL games — will file a petition with the FCC to end the rule, reports Politico.com. The Sports Fan Coalition will work in conjunction with the National Consumers League, Public…

Report: Despite Update, iPhone Users Still Face Battery Issues

After an update that was designed to improve the battery drain on Apple’s latest iPhone, some users are saying the fix didn’t work, reports the Los Angeles Times’ Technology blog. "We continue to investigate a few remaining issues," said an…

Rachael Ray Blamed for Reader’s Digest Loss

Television cooking show host Rachael Ray was blamed for Reader’s Digest Association’s third-quarter loss, reports Adweek.com. The publishing company said it lost $16.6 million in the third quarter before interest, depreciation and amortization, with much of the loss pegged to…

Report: Police Want to Question James Murdoch in News Corp. Scandal After Cache of ‘Bombshell’ Emails Turns Up

The News Corp. phone-hacking scandal is poised to go to another level after what’s described as a cache of “bombshell” emails was discovered, according to The Hollywood Reporter, citing a report in London’s Daily Mail. Police reportedly want to bring…

Cable News Channel Cuts Jobs

One of the major cable news channels has announced job cuts after a three-year review of the company’s work processes, reports TVNewser.com. CNN cut at least 50 jobs, the story reports, citing a memo from Senior Vice President Jack Womack….

Giant New York City TV Screen Causing Problems for Neighbors

A 6,000-square-foot digital television screen is causing problems for New York City residents, reports the New York Post. The huge TV screen, located on the Port Authority’s building at Eighth Avenue and 42nd Street, is so bright that many residents…

UFC Scores a Knockout With Its Fox Debut

UFC’s Fox debut Saturday was not only the mixed martial arts organization’s most-watched telecast ever, but also the most-watched pro fight of any kind in the past eight years, Multichannel News reports. The event saw challenger Junior dos Santos win…

AMC Inks Deal for UFO Project

AMC is poised to expand the sci-fi offerings on its schedule after making a deal to buy a UFO project from former "Battlestar Galactica" executive producer David Eick, reports Deadline.com. The project is about powerful and mysterious beings who appear…

Iconic Music Label of The Beatles, Coldplay and Katy Perry Sold for $4 Billion. The Historic Music Label, Whose Roots Go Back More Than 100 Years, Will Be No More

One of the most famous labels in the history of the music industry has been sold. According to the Washington Post, "EMI Group Ltd., the iconic British music company that is home to The Beatles, Coldplay and Katy Perry, is being…