Giant Sony Corp. said Friday it's agreed to sell its storied U.S. headquarters building in Gotham for $1.1 billion to a commercial real estate consortium led by the Chetrit group.
CBS shares headed skyward Thursday skipping way past their 52-week high as Wall Street applauded plans to unload the outdoor advertising business. And it's not just any old sale.
CBS Corp. is paring down to its core media biz with plans to unload European and Asian billboards and convert its big U.S. outdoor advertising division into a REIT, or real estate investment trust…
Mel Karmazin, who recently ankled as CEO of SiriusXM Satellite Broadcasting, wants to run another company like Walt Disney or Time Warner but smaller, where he'd report to an independent board of…
AT&T's U-verse, the up-and-comer in the video space, Tuesday renewed a long-term distribution deal with Walt Disney Co. that extends content on demand and to new authenticated services.
Former Yahoo chief Ross Levinsohn has found a new gig as CEO of Guggenheim Digital Media, an off shoot of investment firm Guggenheim Partners which said Tuesday it anticipates allocating "significant…
Newly minted shares of Starz had a boffo market debut, surging nearly 10% Monday -- the channel's first day of trading as an independent public company and likely takeover target. Its emergence…
"South Park" creators and exec producers Trey Parker and Matt Stone have teamed up with boutique merchant bank The Raine Group to create a new independent studio housing the duo's creative work and…
The Ewing clan can safely plan to settle in to Southfork for a while thanks to a licensing pact Warner Bros. has inked with Netflix for TNT's revival of "Dallas."
Time Warner's Time Inc. will lay off up to 700 staffers out of just under 8,000 total as the publisher's new chief struggles to transform famous titles and massive market share into a digital profit…
Facebook stock continued an upward march Thursday ahead of earnings and after inviting reporters to "come and see what we're building" at a press event next Tuesday that has fueled furious…