As Hulu owners Walt Disney Co., News Corp. and Comcast close in on a buyout of the stake held by Providence Equity Partners, the online streaming company’s valuation is closing in on $2 billion, Bloomberg reports. Providence is selling the…
In another repercussion from the televised airing of an edited 911 audio tape in the Trayvon Martin case, a correspondent at WTVJ-TV in Miami has been fired, the Miami Herald reports. Jeff Burnside, a 13-year veteran with the station and…
An investigative reporter at Seattle station KIRO-TV broke a story that reportedly involves U.S. Secret Service agents interacting with strippers and prostitutes in El Salvador, the TV station, owned by Cox Enterprises, reports. Reporter Chris Halsne interviewed a U.S. government subcontractor…
The National Endowment for the Arts sharply cut grants to PBS yesterday, instead awarding big support for the first time to various mobile, Web and gaming projects, reports The New York Times’ Elizabeth Jensen. “Live From Lincoln Center" was one…
Katie Couric has revealed plans for a weekly Web series, set to debut next week, Deadline.com reports. The series, “Katie’s Take,” was announced by ABC News. Beginning May 1, 2012, "Katie’s Take" will stream on a dedicated Yahoo page, covering…
Longtime media executive Barry Diller, testifying Tuesday before the Senate Commerce Committee, called for a rewrite of the Communications Act of 1996, Bloomberg reports. Diller, who created both the Fox Broadcasting Company and USA Broadcasting, is now involved in online…
A project based on a Web comic created by a 5-year-old is the first animated show to be tapped for Fox’s Saturday night animation block, according to The Hollywood Reporter’s Live Feed. "Axe Cop" is about a police officer who…
AOL touted its digital content at its "newfront" Tuesday, hoping to convince television buyers to buy time on the online service, reports Advertising Age. Two of the series are scripted, suggesting that "AOL is serious about investing in original content…
KLRT-TV in Little Rock, Ark., was the winner in the broadcast category of a prestigious national journalism award — The American Legion’s Fourth Estate Award. The Legion announced the winners April 23. KLRT News reporter Donna Terrell took the award…
Netflix, after reporting its first loss since 2005, projected a slowdown in the growth of its U.S. streaming customers, reports Bloomberg. The company’s shares plunged 17% Monday after projecting the slowdown, the story notes. Netflix expects to end the second…