News Corp. has lost $7 billion in market value over four trading days, demonstrating widespread investor concerns over the company’s U.K. phone hacking scandal, reports Bloomberg. The four straight days of declines have cut News Corp.’s market value by 15%,…
Boston’s public television station has begun an effort to digitize its past television newscasts along with those from other local TV stations, the Boston Globe reports. The goal for WGBH-TV is to build a video catalog of Boston history via…
The chief executive of Canoe Ventures plans to leave the interactive advertising firm when his contract ends later this year, reports MediaPost’s MediaDailyNews. David Verklin has been CEO of the company since it started in 2008. Current Chief Operating Officer…
Just weeks after announcing his retirement from the NBA, Shaquille O’Neal reportedly has a high-profile job lined up in television, according to The Huffington Post. The TNT "Inside the NBA" team of Charles Barkley, Kenny Smith and Ernie Johnson will…
Theater owners’ concerns over in-home premium video-on-demand appear to have been overblown, as so far consumer response to the service has been lukewarm, reports the Los Angeles Times’ Company Town blog. Four studios — 20th Century Fox, Sony Pictures, Universal…
The so-called “spoiler” — the revelation of a plot twist or how the story ends to those who haven’t yet seen a particular television show or movie, or had a chance to read a recent book — is no longer…
TNT announced that it has greenlighted the new version of the classic prime-time soap “Dallas,” with a number of stars from the original series reprising their roles for the reboot. Larry Hagman, who played oil baron J.R. Ewing in the…
Apple reported the total number of apps that have been downloaded from its App Store since it was founded three years ago, and the number reflects a dramatic surge since the start of the year, B&C reports. Apple said 15…
A tabloid paper owned by Rupert Murdoch’s News Corp., one of the most widely circulated newspapers in the world, will shut down after a final edition this Sunday, The New York Times reports. The News of the World, which is…
Hulu’s owners are "committed to selling" the online streaming service, Walt Disney Chief Executive Robert Iger said at the Allen & Co. conference in Sun Valley, Idaho, according to Bloomberg. Iger added, "There’s a lot of interest." Hulu’s owners include…