China video sites confident public will pay

When media studies student Liu Zhiqi settles down to watch a movie or TV drama at the home of the San Francisco family she lodges with, she misses the convenience of downloading content for free like in China.

Hollywood studios questioning their friendship with Facebook

Hollywood's friendship with Facebook is showing signs of strain. The entertainment industry was among the first to embrace the Silicon Valley phenomenon. Studio executives thought the giant social network held great promise ...

NBC shows to stream on Netflix

Netflix has reached a deal with NBC Universal to put "Saturday Night Live," "30 Rock," "Friday Night Lights," "Battlestar Galactica," "Monk" and other TV shows on its online instant streaming service, the companies announced ...

Sony reports record annual loss

(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround under a new ...

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