As digital music downloads within iTunes plunge, Apple is reportedly planning a move involving the recently-acquired Beats Music. “Apple plans on revamping the streaming music service and launching it as part of iTunes.”
The report also says digital music sales from iTunes have dipped…
AMC Networks, the cable network company behind The Walking Dead and Mad Men, said Thursday it will pay $200 million to acquire a 49.9% stake in cable channel BBC America and assume operation of the U.S. arm of the British Broadcasting Corporation. BBC Worldwide, the commercial arm of BBC, will…
Bloomberg LP, the media company that operates lucrative data terminals for financiers as well as an extensive journalism empire, said late Wednesday that current president and CEO Daniel L. Doctoroff will step down at the end of the year as former New York City mayor Michael Bloomberg resumes…
Apple is close to buying the Pandora-for-talk-radio app Swell, according to multiple sources. The deal is worth about $30 million. Swell had raised $7.2 million from investors including DFJ, Google Ventures and InterWest Partners. Its iOS app compiled various podcasts and shows and stitched…
Top cable and Internet provider Comcast said Tuesday that growth in its home Net business helped boost its second-quarter net income 15% to $1.99 billion. Its adjusted earnings per share of 75 cents beat analysts’ estimates of 72 cents. Revenue grew 3.5% to $16.8 billion, falling short of…
Gannett, the parent of USA TODAY, said Tuesday second-quarter earnings rose 84% from a year ago, boosted in large part by a massive increase in revenue from the broadcasting division. The earnings come two full quarters after the company started operating the stations it acquired from its former…
The U.S. Copyright Office has given a lukewarm response to Aereo’s request to be treated like a cable system. The streaming-media company has adopted that strategy after the Supreme Court found it equivalent to a cable TV system. That label should allow Aereo to apply for a compulsory…
Rupert Murdoch’s $80 billion bid for Time Warner could trigger a new round of media mergers. With competitive threats and bewildering changes in technology upending their business models, media companies are on the prowl for partners to control costs and add more content to their…
The streaming media company wants to roll with the Supreme Court’s finding that it is equivalent to a cable TV system and apply for a compulsory license to stream live TV broadcasts, it said in a letter to the U.S. District Court dated Wednesday.
Attorneys for Aereo and the broadcasters…
With the Supreme Court ruling against Aereo on Wednesday, the broadcasters might just have bought some more time for themselves. With the announcement coming from Aereo on Saturday, that the company is pausing their operations, the questions have risen as to what similar, but legal, alternatives…
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