Rupert Murdoch is taking on the New York Times with a local edition of the Wall Street Journal that is stealing high profile advertisers along with it.
The San Francisco Bay Guardian is entitled to half the advertising revenue of the rival SF Weekly to help collect $21 million in damages after a jury verdict of illegal price-cutting, a Superior Court commissioner ruled Tuesday.
Viacom is turning the tide after slow growth during the recession. They have implemented cost cutting measures to grow profits with dvd sales and high ratings from quality, thought provoking programs like "Jersey Shore".
News Corp is hungry to get into the middle east advertising/media markets because of the young audiences and emerging growth in their home markets. They are attempting to buy a share in Rotana Media.
2 large broadband providers are bringing out all the stops to fight open-Internet rules proposed by the FCC Chairman. It would unravel one of Genachowski's key initiatives.
If they Comcast-NBC merger goes through, the conglomerate could gain serious clout in negotiations between local station owners and local cable systems for the right to retransmit broadcast tv signals.