Once kings of TV, US broadcast networks face reckoning

They once produced must-see television shows like "Seinfeld," "ER" and "Friends" but America's broadcast networks are facing a major crisis, as more and more viewers cut the cord in search of innovative content elsewhere.

Australian media giants Fairfax and Nine to merge

Publisher Fairfax Media and Nine Entertainment on Thursday announced plans to merge, creating an integrated Australian media giant across television, online video streaming, print, and digital.

Nordic telecom operator Telia enters TV business

The Nordic region's largest telecoms operator, Telia, said Friday it has agreed to buy the broadcasting and streaming operations of Swedish publishing company Bonnier AB to gain a foothold in the television and entertainment ...

Disney ups its bid for Fox to counter Comcast

Disney sweetened its bid for key assets of 21st Century Fox Wednesday, raising its offer to $71.3 billion in cash and stock to counter a rival bid from Comcast.

Bali to shush social media for Day of Silence

Bali's annual Day of Silence is so sacred that even reaching for a smartphone to send a tweet or upload a selfie to social media could cause offense. This year it will be nearly impossible to do that anyway.

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