David Bank News
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At least seven bidders are said to be interested in acquiring Hulu LLC, and their divergent motivations in pursuing the deal could end up radically altering the strategy of the online-television service.
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Cable networks are rebranding themselves, and pay-TV operators aren’t pleased.
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Time Warner Cable Inc., the second- largest U.S. cable-TV provider, is considering taking an equity stake in online-video site Hulu LLC, according to people with knowledge of the situation.
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Broadcast and cable networks like CBS and Viacom Inc.’s Nickelodeon are failing to get paid for surging Web audiences because those viewers are almost invisible to Nielsen Holdings NV.
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News Corp., the Rupert Murdoch-led media company planning to split in two, rose the most in more than 10 months after third-quarter profit beat analysts’ estimates.
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Time Warner Inc. and CBS Corp. have flirted for years. A marriage now may make more sense than ever.
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Time Warner Inc., owner of the HBO cable network and the Warner Bros. film studio, rose the most in three months after affiliate fees from cable-TV providers boosted profit and the company announced a new share buyback program.
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Sirius XM Radio Inc. Chief Executive Officer Mel Karmazin said he will leave on Feb. 1 after clashing with John Malone, the billionaire who plans to take control of the satellite-radio operator.
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Sirius XM Radio Inc. Chief Executive Officer Mel Karmazin said he will leave on Feb. 1 after clashing with John Malone, the billionaire who plans to take control of the satellite-radio operator.
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News Corp. Chairman and Chief Executive Officer Rupert Murdoch was stepping onto an elevator at the Allen & Co. media gathering in Sun Valley, Idaho, last year, when he was asked about a $1.1 million settlement his company had just paid. The money went to resolve a claim that reporters at a News Corp. newspaper in London had illegally listened to the voicemail messages of a British sports official.
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