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Time Warner Profits Down, But Outlook RaisedMedia conglomerate Time Warner posted a 38 percent drop in third quarter profit Wednesday. However the earnings results beat analysts' estimates, and helped prompt the company to raise its earnings outlook for 2009 from $1.98 per share to $2.05 per share. |
New Book 'Generation Change' Advises on Making a Difference, Hits Stores on Anniversary of Obama's ElectionAs of today, "Generation Change," a new book from Skyhorse Publishing, is available in bookstores. The book, written by Jayan Kalathil and Melissa Bolton-Klinger, celebrates the anniversary of President Barack Obama's historic election by encouraging readers to make a difference themselves by offering 150 ways to do so. |
David Spade Takes Heat for Chris Farley CommercialA new DirecTV commercial featuring funnyman David Spade and late comedian Chris Farley has kicked up a dust cloud of criticism, and forced Spade to go on the defensive. |
Miami Media Acquires Latin Business ChronicleMiami Media, the owner of Latin Trade magazine, LatinTrade.com and the BRAVO Business Awards, said Monday it has acquired Latin Business Chronicle, an online publication specializing in Latin American business news. |
Newspaper Woes Escalate; Circulation Plunges 10 PercentU.S. newspapers have continued to suffer major losses over the last six months, posting a more than 10 percent drop compared to last year, according to industry figures released Monday. |
Steve Phillips Fired by ESPNESPN has fired baseball analyst Steve Phillips, the U.S. sports cable channel said Sunday, days after his affair with an ESPN employee became public. |
ESPN's Phillips Takes Leave of Absence Following Sex CaseESPN baseball analyst Steve Phillips has taken a leave of absence in the wake of an affair with a production assistant that turned ugly when the woman allegedly harassed his family after the two broke up. |
Press Freedom Index Rates Iran LowReporters Without Borders says Iranian journalists continue to suffer under President Mahmoud Ahmadinejad's administration. Published Tuesday, the group's eighth annual Press Freedom Index focused on press freedom violations from Sept. 1, 2008, to Aug. 31. The report rated Iran 172 in the index out of a total of 175 countries surveyed. |
Balloon Boy Neighbor Fist-Fight with Media SwarmAlthough the case could be made that America has had enough of the Heenes, a.k.a. the Balloon Boy family, as of Sunday there continued to be enough media surrounding the house that a neighbor ended up in a physical altercation with a member of the fourth estate. And the Associated Press caught the whole sorry affair on video. |
New York Times Shaving 100 from NewsroomThe New York Times is to slash 100 jobs in its newsroom as the largest and most prestigious newspaper in the U.S. continues to struggle with the drop in advertising and readership that is bedeviling the newspaper business. |
'Balloon Boy' and Brothers' Rap Video's Offensive Content Gives More Unwanted AttentionAfter a flurry of media attention has been heaped on the Heene family during the past few days, first concerning the disappearance of son Falcon, then over the entire event being a hoax, a new wrinkle has appeared that may shed further light on the storm- and reality show-chasing family. A rap music video was posted to YouTube with the three Heene boys with lyrics involving throwing rocks at gays and foul language. |
Meghan McCain's Picture is Latest Twitter-versyMeghan McCain, daughter of senator and former presidential candidate John McCain, is the latest to become embroiled in a Twitter-based tempest-in-a-teapot, much like Miley Cyrus did last week. But for McCain, it's a case of overexposure in the form of a sexy photo, not leaving the service in a huff. |
Bloomberg LP Wins Bid for BusinessWeekIt appears Bloomberg LP will buy the recession-battered BusinessWeek. Bloomberg -- a financial news and data company founded by New York City Mayor Michael Bloomberg -- won the bid over other competitors that included Thomson Reuters and ZelnickMedia, the New York Times reports. |
Tiger Woods Laughs Off Forbes' Claim that He's a BillionaireForbes Magazine last week declared golf legend Tiger Woods to be the first professional athlete to become a billionaire -- Woods himself denies it. |
Gourmet Magazine FoldingEven as television is becoming ever-more proliferated with food and cooking-related shows (Top Chef: Masters; Cake Boss; even something called Cupcake Wars), the magazine world is showing retraction in the same sector. Gourmet magazine, the much loved and well-respected magazine for food lovers, is being shuttered by publisher Conde Nast, along with Modern Bride, Elegant Bride, and Cookie (a parenting magazine). |