US cable TV bleeds subscribers as online grows

The economic downturn has US cable television companies shedding subscribers in record numbers and Americans increasingly "cutting the cord" in favor of cheaper online options, new research shows.

TV seems impervious to Silicon Valley's advances

Google's unveiling last week of yet another device it hopes will change the way people watch TV highlights a stubborn truth: The revolution may be televised, but television itself has so far been impervious to a revolution.

Roku raises $60M from Hearst, News Corp, others

Roku, the streaming video device maker, has raised $60 million in its sixth round of funding. Media giant Hearst Corp. and an unnamed institutional investor joined News Corp. and its subsidiary British Sky Broadcasting in ...

News Corp. buoyed by strong profits after scandal

Media behemoth News Corp. posted strong profits Wednesday, boosting owner Rupert Murdoch's attempts to reassure investors after a damaging phone-hacking scandal in Britain.

Netflix stock climbs on Disney film deal

Netflix shares jumped Tuesday with word that the online service struck an exclusive deal to stream live-action animated feature films from The Walt Disney Studios.

Netflix CFO leaving TV streaming titan

Netflix chief financial officer David Wells on Monday announced plans to hand his job off to a successor and then focus on philanthropy.

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