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"As part of the deep cuts announced this week at ABC News, the network plans to eventually close all of its physical bureaus around the country except Washington and halve the number of its domestic correspondents."

"DECE logo The Digital Entertainment Content Ecosystem, an inter-industry effort to set open technical standards for selling movies and TV shows online"

Article describing the continuing decline in video game sales that began in 2009.

Senator Feingold raises the issue of bundling and a lack of a la carte pricing. The issue continues to be raised despite past industry opposition.

Move over Hawkeye Pierce, looks like Drew Brees and the New Orleans Saints just took your ratings crown along with the Super Bowl title. A record 106.5 million people watched the Saints write a storybook ending to their dream season by beating the Indianapolis Colts 31-17 in Super Bowl XLIV on CBS, according to Nielsen. That's not only the biggest audience to date for the Super Bowl, but the biggest audience for a televised event ever -- barely knocking off the finale of \nCBS' "MASH," which averaged almost 106 million viewers when it ran in 1983.

"As Disney's Pixar prepares to release Toy Story 3 this summer, virtually every major toy maker -- including Barbie's Mattel Inc. -- has lined up to make dolls, action figures, construction sets, vehicles and board games based on the film. No fewer than 250 toys will begin appearing in stores before the movie's June 18 release -- three times as many as were made for Toy Story 2. And retailers are expected to clear shelf space for Buzz, Woody and pals, notwithstanding a recession that has slowed toy sales."

Amazon is playing hardball with book publishers. The Seattle online bookseller says it will give authors a 70% cut of the sale of e-books sold for its Kindle readers, essentially offering writers a way to bypass traditional book publishers.

Capping a year of spectacular growth and celebrating the milestone, Facebook founder and Chief Executive Mark Zuckerberg published a special post on the site's blog. In it he revealed the company this week has surged to 400 million users. It was only five months ago that Facebook had 300 million.

In his opening remarks about the proposed Comcast-NBC deal at a hearing held by the Senate Subcommittee on Antitrust, Competition Policy and Consumer Rights, Franken (D-Minn.) ripped into the deal and the risks it could present to not only consumers but media competition as well.

CBS News employees are bracing for a significant round of layoffs that will hit the news division next week, according to multiple sources. The budget tightening is expected to affect every newscast, including "60 Minutes," the network's crown jewel, although that show will likely suffer minimal losses.

Thanks to Fox News, strong DVD sales and a better performance from television stations, News Corp. reported a 10% jump in fiscal second-quarter revenue to $8.7 billion and big jumps in operating income at its movie and television studio and cable television group.

The Federal Communications Commission's proposed Net neutrality rules have caused a bit of a shuffle among advocacy and lobbying groups.

"Spain is on the brink of no longer being a viable market for us," Michael Lynton, chairman of Sony Pictures Entertainment, told the Times.

"If you like NBC's Thursday night comedy lineup, you will be happy to know that "30 Rock," "The Office" and "Community" will be back in the fall for more fun and games. "Parks and Recreation" had already been renewed."

""Over the past several decades, our industry has consolidated from literally dozens of independent entrepreneurs and suppliers, including many writer-owners making innovative and groundbreaking programming to a handful of large media conglomerates most often controlling content from start to finish," Wells said. The result, he said, is that decisions on which shows go on television are based more often on money than quality. "

Hours before the Oscars, Disney and Cablevision have yet to reach a deal, meaning subscribers in some markets will not be able to watch the show. Executive Vice President Charles Schueler of Cablevision has asked the FCC to involve itself, and both companies have been in contact with the agency.