ThinkstockPriceline.com Inc. (NASDAQ: PCLN) is rising into 2013 after having seen its shares pull back handily from highs in 2012. The culprit on Thursday is an upgrade from Bank of America/Merrill Lynch. The firm…
ThinkstockWidely followed blogger Andrew Sullivan will leave the Daily Beast, just as he left The Atlantic before that. Sullivan plans to start a “for pay site” for which his new firm will charge as…
ThinkstockAl Jazeera bought Current TV, the failed cable channel started by Al Gore and an army of optimists. Likely the Qatar-headquartered media company paid nothing for the U.S.-based one. It may have absorbed some…
thinkstockThe Tribune Company, one of America’s oldest and largest media firms, will exit Chapter 11 today. Reuters reports that the firm will get a $1.1 billion senior secured term loan and other financial support.…
Thinkstock SeaWorld Entertainment Inc., which is wholly owned by The Blackstone Group L.P. (NYSE: BX), has filed for an initial public offering to raise $100 million. The number of shares on offer and the…
courtesy of NetflixNetflix Inc. (NASDAQ: NFLX) management said the reason part of its service was out on Christmas Eve was that the technology and hardware owned by Amazon.com Inc. (NASDAQ: AMZN), which powers the video firm’s streaming product, were “broken.” That…
Do you feel duped about yet another end of the world prediction? December 21, 2012, came and passed (see our live blog of it) without an incident. The world did not end, and now everyone realizes…
ThinkstockIn an SEC filing today, News Corp. (NASDAQ: NWS) indicated that it would call a special stockholders meeting to approve “the contemplated separation of our media and entertainment business and our publishing business.” No…
In response to a request for ideas made last May, Amazon.com Inc. (NASDAQ: AMZN) and its Amazon Studios received more than 2,000 proposals from which it has now culled six to develop pilot programs…
courtesy GameStop Corp.THQ Inc. (NASDAQ: THQI) is being acquired, maybe. Before you get too excited about any major turnaround huge-premium buyout you better pay attention to the fine print here. Clearlake Capital Group, L.P.…
ThinkstockFocus Media Holding Ltd. (NASDAQ: FMCN) has announced that it has accepted an offer of $5.50 per ordinary share ($27.50 per American Depositary Share) from firms that will be controlled by the company’s chairman…
ThinkstockThe train wreck that is Martha Stewart Living Omnimedia Inc. (NYSE: MSO) continued as the firm probably will dump its new chief executive. The New York Post reports: Martha Stewart Living Omnimedia CEO Lisa Gersh is…
ThinkstockHulu, the streaming video company jointly owned by The Walt Disney Co. (NYSE: DIS), Comcast Corp. (NASDAQ: CMCSA) and News Corp. (NASDAQ: NWS), expects revenues of $695 million in 2012, up 65% from just…
ThinkstockNielsen Holdings N.V. (NYSE: NLSN) has measured television audiences for years and years, a period which in some cases may go back two generations. Now that television ratings are going to be taken into…
courtesy of Sirius XM RadioSirius XM Radio Inc. (NASDAQ: SIRI) is about to face higher royalty payments that have to be paid to musicians and artists for their work. The company disclosed in an…