Laura Martin News
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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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Billionaire investor Daniel Loeb’s proposal to separate Sony Corp.’s movie, music and TV businesses would give the Tokyo-based company a chance to join the 3 1/2- year media rally it has missed.
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Tickets to the New York Knicks’ possible first playoff series-clinching win at Madison Square Garden in 14 years are a relative bargain as their fans’ playoff expectations rise.
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Rupert Murdoch’s 15-year drive to create a competitor to Walt Disney Co.’s ESPN has put News Corp.’s new national sports network on a path to show a profit within two to three years.
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EMI Group Ltd., seized by Citigroup Inc . after breaching loan covenants, may fetch about $2 billion in a sale, according to Needham & Co., narrowly covering its $1.94 billion debt.
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Hulu LLC’s owners may reconsider an initial public offering of the online video-streaming website after deciding to cancel an auction.
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Apple Inc.’s potential entry into Internet radio is poised to put online music pioneer Pandora Media Inc. on the takeover wish lists of companies from Google Inc. and Amazon.com Inc. to Clear Channel Communications Inc.
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Pandora Media Inc., the Internet radio pioneer, fell the most since it sold shares to the public after the company’s fiscal first-quarter forecast trailed analysts’ estimates.
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News Corp.’s loss of $7 billion in market value over four trading days shows investor concerns that a probe into alleged phone hacking by journalists at one London newspaper could have a broader impact on the company.
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Super Bowl advertisers Audi AG and General Motors Co. may end up getting a bargain for 30-second spots costing a record $3 million or more, if the audience for the Fox telecast reaches new highs as forecast.
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