Viacom’s ‘Daily Show’ and ‘Colbert Report’ Sign Off From Hulu

The two sides couldn’t agree on an extension, apparently because Viacom wanted a more generous ad revenue split than Hulu was willing to provide. The move is the latest sign that the free video site was too good to be true, or at least to last.

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Viacom’s ‘Daily Show’ and ‘Colbert Report’ Sign Off From Hulu originally appeared on DailyFinance on Wed, 03 Mar 2010 11:30:00.

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Viacom’s ‘Daily Show’ and ‘Colbert Report’ Sign Off From Hulu

Fox Is the Likely Winner in Time Warner Fee Settlement

News Corporation (NWS) and Time Warner Cable (TWX) reached an agreement over a fee dispute, which will allow the Fox broadcast networks to remain on the nation’s second-largest cable system. The deal includes more than 13 million households and covers programming from Fox Television Stations, Fox Broadcasting, Fox Cable Networks and Fox’s regional sports networks including things like football and American Idol.

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Fox Is the Likely Winner in Time Warner Fee Settlement originally appeared on DailyFinance on Sat, 02 Jan 2010 12:00:00.

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The Best M&A Deals of the Decade

The past decade has certainly been tumultuous for mergers and acquisitions. As we went into the new millennium, the U.S. economy hit the peak of the dot-com bubble and M&A activity reached $1.2 trillion. Of course, this is when Time-Warner (TWX) agreed to a whopping $182 billion merger with the now-independent-again AOL (AOL).

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The Best M&A Deals of the Decade originally appeared on DailyFinance on Thu, 31 Dec 2009 12:00:00.

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Car Sales Surge in Final Days of 2009

December may go down as one of 2009’s better months for car sales thanks to a late surge by bargain-hungry consumers. Should forecasts hold, the industry is on pace to sell more than 11 million cars on an annually adjusted basis, compared to a pace of 10.3 million a year ago.

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Car Sales Surge in Final Days of 2009 originally appeared on DailyFinance on Thu, 31 Dec 2009 12:00:00.

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Top publishers link arms in e-reader push

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An existential crisis, like politics, makes for strange bedfellows. So it is that five media companies that spend most of their time in bitter competition with one another are now joining forces in a new venture intended to midwife the arrival of portable digital magazines and newspapers on a mass scale.

So new is this venture, it doesn’t yet have a name or an executive team. What it does have is five owners who collectively represent most of the magazines and a goodly segment of the newspapers Americans read: News Corp. (NWS), Time Warner (TWX), Hearst, Conde Nast and Meredith (MDP). Marshaling so much muscle might seem like overkill, but it’s in keeping with the scale of the challenge, John Squires, who’s serving as managing director until a CEO can be chosen, tells DailyFinance. “It’s a huge undertaking, both technically and from a creative standpoint,” he says.

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Top publishers link arms in e-reader push originally appeared on DailyFinance on Tue, 08 Dec 2009 16:45:00 EST. Please see our terms for use of feeds.

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Has Time Warner climbed out of its funk?

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Time Warner Inc. (TWX), the world’s largest media conglomerate, has good news and bad news for investors. The good news is that it expects to meet its 2009 earnings targets. The bad news is that the results of the New York-based company were still lackluster.

Net income at the parent company of Warner Bros. film studios and CNN fell 34 percent to $519 million, or 43 cents a share, compared with $792 million, or 47 cents, a year ago. Revenue plunged 9 percent to $6.8 billion. On an adjusted basis, earnings topped the 45-cent average estimate of analysts polled by Thomson Reuters. Shares of Time Warner, which have climbed more than 24 percent over the past three months, have not begun trading yet in pre-market action.

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Has Time Warner climbed out of its funk? originally appeared on DailyFinance on Wed, 29 Jul 2009 07:20:00 EST. Please see our terms for use of feeds.

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Rupert Murdoch denies he’s interested in the New York Times

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Media mogul Rupert Murdoch is shooting down speculation that he is interested in acquiring his nemesis The New York Times Co. (NYT).

Speaking to TheStreet.com, the News Corp. (NWS) Chief Executive Rupert Murdoch denied reports by Vanity Fair’s Michael Wolff that he covets what he views as the symbol of liberal mainstream media. A combination of the Times and Murdoch’s Wall Street Journal has been discussed ever since the tycoon snapped up the paper’s parent company, Dow Jones & Co., for $5.6 billion in 2007.

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Rupert Murdoch denies he’s interested in the New York Times originally appeared on DailyFinance on Thu, 02 Jul 2009 12:00:00 EST. Please see our terms for use of feeds.

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