Media stocks were not spared Monday as the stock market suffered a steep decline. U.S. stocks had their worst one-day drop since December 2008, Bloomberg reported, with the Dow Jones Industrial Average off 633 points on news of Standard &…
Comcast has sued DirecTV over what the cable giant claims are misleading ads for the satellite-TV company’s NFL Sunday Ticket package, reports the New York Post. The ads tout DirecTV’s "free" NFL Sunday Ticket package, which Comcast alleges in its…
Mega-marketer Pepsi’s ongoing cola war with Coke will soon play out on a new front, with the rival soft drinks sponsoring rival TV shows. While Coca-Cola has been a longtime sponsor of “American Idol,” Pepsi has just taken the wraps…
Cable and satellite television companies are concerned about what they see as an alarming trend: TV viewers aren’t buying adult video-on-demand products like they used to, reports The Wall Street Journal. (Please note that the WSJ is behind a paywall…
Producers for the 2012 Academy Awards telecast on ABC were announced Thursday, and along with the predictable — one veteran TV awards show producer — the academy threw in a surprise, according to The Hollywood Reporter. The surprise was the…
What do Sarah Palin, Lady Gaga, Arnold Schwarzenegger, Mel Gibson and Anthony Weiner have in common? They are all on the wish list for the CW’s “H8R,” which pairs regular people with the celebrities they hate, according to The Hollywood Reporter’s The…
Former Beatle Paul McCartney, appearing via satellite during the Television Critics Association press tour, said he’s been a victim of the widening British phone-hacking scandal and will talk with police when he returns to England, reports Deadline.com. "When I go…
The parents of Amy Winehouse, who died last month at 27, have announced plans for her $4 million house in North London, People magazine reports. The 10-room house will become the headquarters of the Amy Winehouse Foundation, a charity that…
Video-streaming service Hulu, which has already received interest from Dish Network, Apple, Google, Yahoo and AT&T, has another possible suitor, Bloomberg reports. Satellite company DirecTV — a competitor of Dish Network — is also considering purchasing the company, according to…
Showtime marketing exec Len Fogge has moved to NBC Entertainment, where he rejoins former Showtime programming chief Bob Greenblatt, MediaPost reports. Fogge, who had been rumored for months to be heading to NBC, becomes president of marketing for NBC Entertainment….