Koch Industries won't be picking up the Los
Angeles Times, the Chicago Tribune and several other large U.S. newspapers, a
Koch spokeswoman said Thursday.
Al Jazeera America launched its
operations in the U.S. on Tuesday, declaring its news coverage will be
"unbiased, fact-based and in-depth journalism."
Al Jazeera will debut in the U.S. on Tuesday, trying to crack a field
dominated by entrenched television networks and an American
distrust of the Arabic news broadcasting channel.
Japanese conglomerate Sony has signed a deal with media firm Viacom to set up
channels on the Internet, a source close to the talks told The New York Times.
Hackers hit the Washington Post's website
Thursday, with some readers redirected to the Syrian Electronic Army, the newspaper said.
AOL Chief Executive Officer Tim Armstrong Tuesday issued an apology for publicly
firing the creative director of the U.S. Internet company's Patch subsidiary.
Mexican mogul Carlos Slim announced a bid on Friday to expand his telecom into Europe by taking over Dutch mobile phone giant Royal KPN.
Dawn Taubin, former Warner Bros. president of marketing, joins DreamWorks Animation as chief marketing officer.
Meredith Corp. has rebranded its Hispanic enterprise unit as Meredith Hispanic Media (MHM) to reflect the company's Hispanic offerings across its media channels, the firm announced Wednesday.
AOL will buy video advertising platform Adap.tv for $405 million in cash
and stock, the online company's biggest deal since leaving Time Warner.
Thanks to changing demographics, more Hispanics are turning to English language media to get their news, a new study shows.
Sony has rejected a proposal by
U.S. hedge fund Third Point to sell a part of its entertainment arm, the company said Tuesday.
Competition from the Internet for
ad revenues was a main driver behind the sale of
Washington Post newspaper assets, according
Amazon.com founder Jeff Bezos is buying the Washington Post, the newspaper reported Monday.
Comcast Corp. wowed Wall Street with strong quarterly results that
beat analysts' expectations, buoyed by steady growth in subscribers, innovative technology for TV and Wi-Fi, and boffo box office from hit films and TV shows.