Joe Rooney has moved to senior vice president of marketing, social media and advertising at Cox Communications in a reorganization of the company’s marketing department, reports Multichannel News. Rooney has been chief marketing officer, and the company has begun searching…
Elin Nordegren, 30, will receive the largest celebrity divorce settlement ever–$750 million–from splitting up with Tiger Woods, the U.K. publication The Sun reports. In return for the huge money settlement, according to the article, Nordegren "can NEVER publicly speak out over his…
Apple has been sued over its antenna problems with the new iPhone 4, InformationWeek reports. According to the article, "A pair of Maryland residents filed a lawsuit against Apple on Wednesday, claiming the iPhone 4’s wonky antenna has caused them…
Microsoft’s would-be challenger to the iPhone, called the Kin, is being dropped seven weeks after hitting the market, reports the Los Angeles Times. The Kin, was available in two models from Verizon Wireless. They were smart phones aimed at young consumers, but…
As part of a plan to ease concerns in the Latino community about diversity, Comcast said it will add a Latino to its board of directors after its merger with NBC Universal is completed, reports the Los Angeles Times’ Company…
Entertainment-production tax incentives valued at $2.1 billion over five years will be voted on today by New York’s lawmakers, the Hollywood Reporter reports. That works out to $420 million per year, or $70 million more annually than the one-time $350…
Actor Rob Lowe is working with private equity firm Colony Capital to create a $500 million investment fund that will invest in entertainment properties, from television networks to sports teams, reports the New York Post’s Page Six. Lowe is working…
The former president/CEO of DirecTV has taken a new position as president and CEO of Freedom Communications, reports B&C. Mitchell Stern will begin his new job July 1. James Dunning Jr., Chairman of the Board of Freedom, said, "We are…
‘Millionaire’ Trial Now in Hands of Jury in Suit Over Whether Producer Deserved More MoneyAfter six years of legal processes and a month-long trial, the case over profits from "Who Wants to Be a Millionaire" is now in the hands…
The new iPhone 4 from Apple, already under fire for glitches involving its antenna and screen, now has additional problems, MercuryNews reports. The device has problems with its camera system that can undermine the video chat program–one of the most…