News Corp. posts higher 2Q earnings, revenue

Media conglomerate News Corp. says earnings for the last three months of 2012 grew, helped by higher revenue at its pay TV networks and gains from acquisitions.

Sony invites press to mystery New York event

Sony sent out invitations Thursday to a mystery event in New York City on February 20, sparking rumors that the world would get its first look at a new-generation PlayStation videogame console.

PS3 takes console crown from Xbox 360: IDC

Sony's PlayStation 3 bumped Microsoft Xbox 360 from the videogame console sales throne in December, according to a report released Wednesday by industry tracker International Data Corporation.

Al-Jazeera pays $500M for Current TV (Update)

(AP)—Al-Jazeera has a growing reputation for serious news gathering and its reporters have won some of the biggest awards in journalism. What the Pan-Arab news network doesn't have is a significant presence in the U.S.

Comcast app to let viewers store, replay movies

Comcast, the country's largest cable company, says its tablet and phone app now lets subscribers download and store movies and TV shows from some channels for offline viewing.

Viacom 4Q earnings up 13 pct despite revenue drop

(AP)—Viacom says net income grew 13 percent in the most recent quarter even as revenue fell more than Wall Street expected with the lack of a strong theatrical release.

Spotify to stream music on Samsung TVs in Europe

Swedish music streaming service Spotify said Wednesday the South Korean electronics giant Samsung would be first to offer its music catalogue on its Smart TVs in Europe.

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