Paul Sweeney News
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Gannett Co., the publisher of USA Today, surged the most in more than four years after agreeing to buy Belo Corp. for about $1.5 billion, gaining TV stations to reduce its dependence on its shrinking newspaper business.
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When it comes to box-office dollars, the Avengers and other Marvel superheroes are mightier than DC Comics.
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Dish Network Corp., the satellite-TV provider controlled by billionaire Charlie Ergen, topped Sprint Nextel Corp.’s bid for Clearwire Corp. in a move that may support its separate offer to purchase Sprint itself.
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Paramount Pictures’ “Star Trek Into Darkness,” the second installment in the rebooted franchise, opened to disappointing ticket sales, squeezed by holdovers “Iron Man 3” and “The Great Gatsby.”
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KKR & Co. and Silver Lake Management LLC are vying with Yahoo! Inc. to acquire Hulu LLC, escalating a bidding war that has attracted cable and satellite TV, private equity, a talent agency and media mogul Peter Chernin.
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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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“Iron Man 3” took in $72.5 million in ticket sales to retain first place at U.S. and Canadian cinemas for a second weekend for Walt Disney Co.’s Marvel unit.
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AOL Inc., the digital publisher that owns the Huffington Post and TechCrunch, fell the most in five months after reporting first-quarter profit that missed estimates.
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DirecTV, the largest U.S. satellite TV provider, is interested in acquiring at least a stake in online-video site Hulu LLC, according to two people with knowledge of the situation.
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Yahoo! Inc. has recorded $273 million in gains resulting from steps taken to guard against swings in the Japanese yen that can affect the value of its Asian operations.
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