AOL unveils buyback, special dividend

AOL said Monday it was launching a share buyback worth some $600 million and paying a special dividend as part of its plan to distribute proceeds from a billion-dollar patent sale.

Amazon expands streaming with NBCUniversal

Amazon and NBCUniversal on Friday announced they were expanding their alliance for streaming video to include "hundreds" of popular NBC television shows.

US newspaper group moves toward 'paywalls'

McClatchy Co., one of the largest US newspapers group, said Friday it would begin moving toward paywalls for its news websites in response to the industry's economic woes.

AOL posts profit in 'milestone' quarter

AOL on Wednesday posted a profit for the second quarter of $970.8 million, boosted by a big sale of patents, while citing signs of progress in turning around the struggling Internet firm.

Australian media in digital shakeup

A shakeup which will see Australia become the first country in the world with all its flagship newspapers behind an Internet paywall has prompted declarations that the "golden age of newspapers is dead".

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