Business

Not a Shock: Kendra Wilkinson Trying to Block the Selling of An Old Sex Tape She Made. Shock: Reportedly at One Time She Tried to Sell the Sex Tapes (Plural) Herself

Talking about having your cake and eating it too: Reality show star and former Playboy model Kendra Wilkinson has been trying to stop the sell of a sex tape she made with an ex-boyfriend when she was 18 years old….

Video: Meet the $266 Million Lottery Winners, Jacki Cisneros of KNBC-TV and Her Husband

Harmonic Buys Omneon for End-to-End Video Content Storage

Harmonic has agreed to buy Omneon to create a company providing end-to-end video content storage, processing and delivery for some of the top media companies, the Financial Times reports. The $274 million purchase includes $190 million in cash. Closely held…

Huge Scare on Wall St. Thursday; At One Point P&G, a Big TV Advertiser and Usually a Stable Stock, Plunged 37%. Was the Trigger for Yesterday’s Wall St. Madness Caused by a Trader’s Typo?

The panic on Wall Street on Thursday, May 6, may have been caused by a trader who, mistakenly, punched into a computer that he wanted to sell $16 billion worth of futures, when he meant to type in $16 million,…

DirecTV Makes First Quarter Gains With DVR Features, Latin American Subscribers

DirecTV announced a net income growth of $558 million, or 59 cents a share, in the first quarter, beating analysts estimates for the U.S. satellite television provider, Bloomberg reports. The increase was bolstered by demand for high-definition and digital-recording services,…

Time Warner Cable, Cablevision Stocks Tumble After FCC Announces Toughening Internet Regulations

Stock prices of Time Warner Cable and Cablevision Systems dropped more than 5% after the Federal Communications Commission announced today that it will seek to impose more regulations on Internet-service providers, Bloomberg reports. The FCC could seek to reclassify Internet…

Cablevision Posts Big First Quarter Profits

The nation’s fifth-largest cable TV operator, Cablevision Systems Corporation, announced today a 25% boost in its dividend, thanks to a tripling in first-quarter net income from additional cable, phone and Internet customers, according to the AP. Cablevision posted earnings of…

Life Changer: Employee of KNBC-TV, the Flagship NBC Station in Los Angeles, Wins $266 Million in Mega Millions Lottery

A woman who works for NBC’s flagship TV station serving the Los Angeles market, KNBC-TV, claims to have bought the single winning ticket in Tuesday’s Mega Millions lottery that’s worth $266 million, a KNBC spokesperson has confirmed. At the woman’s…

Did KDKA-TV Kill Damaging Video of Steelers’ Roethlisberger?

KDKA-TV, the CBS affiliate in Pittsburgh, may have killed a potentially damaging video of the Steelers’ quarterback Ben Roethlisberger for fear of tarnishing its marketing relationship with the team, Sports Illustrated magazine reports. The incident happened after Roethlisberger was injured…

OMG: Texting During Sex? Relying on Facebook and Twitter as Your Only Source of News? It’s the Power of Social Media

A new study shows the power of social media, even under the most surprising of circumstances, Advertising Age reports. According to the report, "Would you answer a text during sex? If you’re younger than 25, one in 10 of you…