Armed with billions in cash and promising advanced features, Intel Corp., Google Inc., Apple Inc. and Sony Corp. are gunning to take on cable, phone and satellite companies by offering pay TV via the Web.
Hulu LLC’s owners are in talks to sell a stake in the streaming service to Time Warner Cable Inc. as they seek to create a stronger competitor to Netflix Inc., according to people with knowledge of the situation.
Oracle Corp.’s Larry Ellison remained the highest-paid chief executive officer in the U.S. last year in an updated New York Times list, as total compensation for CEO’s rose 16 percent, the newspaper said.
Discovery Communications Inc. Chief Executive Officer David Zaslav says the U.K., which has been rocked by News Corp.’s phone-hacking scandal, needs to keep its “light touch” media regulation to lure foreign investments.
Corporate governance advocates and shareholder activists have long complained that chief executive officer pay, which has jumped by a third since 2007, is sometimes way out of line with the CEO’s on-the-job performance.
Discovery Communications Inc. , the owner of cable television’s Discovery Channel and Animal Planet, is predicting rising fourth-quarter advertising sales and may consider buying Virgin Media Inc.’s stake in UKTV.