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News Corp.’s Fox broadcast unit said its reality-TV chief Mike Darnell has decided to step down after 18 years at the network as audience ratings decline for “American Idol,” its most-watched program.
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TV viewers will be forgiven if they feel a sense of deja vu when new shows debut in September. With competition from cable and the Web growing, broadcasters are leaning more on past successes and big names to find fresh hits.
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Netflix Inc., the dominant subscription video-streaming service, rose to its highest since August 2011 after saying its revival of the cult TV show “Arrested Development” could help second-quarter results.
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It’s time to let television viewers buy individual channels rather than being required to pay for bundles of programming, and to end blackouts of sports events in publicly financed stadiums, U.S. Senator John McCain said.
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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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Walt Disney Co.’s ABC network, staking a claim to growth in online video ads, will brief advertisers next week on a service providing live shows on mobile phones and tablets, people with knowledge of the plan said.
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Aereo Inc. Chief Executive Officer Chet Kanojia challenged CBS Corp. and News Corp.’s Fox broadcast network to follow through on threats to go off the air and switch to cable to prevent the Internet startup from retransmitting their shows without permission.
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Barry Diller, the billionaire chairman of IAC/InterActiveCorp, said he regrets buying Newsweek magazine, which he merged with the Daily Beast website in 2010.
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The Obama administration’s decision to interrogate the Boston Marathon bombing suspect without first warning him of his rights has sparked criticism from both sides of the political spectrum about the best way to prosecute terrorism cases.
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The National Football League won preliminary court approval of the settlement of a lawsuit accusing it of failing to compensate former players for using their likenesses in promotions.
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