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Time Warner picks Digitas CEO to run magazines

Time Warner on Wednesday named Laura Lang, chief executive of digital marketing agency Digitas, to run its extensive stable of magazines, which includes Time, People and Sports Illustrated.

Sony's 'Smurfs,' 'Friends' to be UltraViolet-ready

(AP) -- Sony Corp.'s movie studio said Tuesday that "The Smurfs" and "Friends With Benefits" will be the first movies it releases on home video that will be compatible with the UltraViolet view-anywhere system.

Cable cos. shut down interactive ad venture

(AP) -- The country's largest cable TV companies are shutting down the bulk of a venture that let viewers interact with TV ads, laying off 120 employees.

Comcast, NBCUniversal get behind zeebox app

(AP)—Comcast Corp. and its NBCUniversal subsidiary are taking a stake in zeebox, the maker of a so-called "second screen" app that people can fiddle with on mobile devices while they watch TV.

Time spin-off highlights risks facing magazines

From Sports Illustrated to People to its namesake magazine, Time Inc. was always an innovator. But now when the troubled magazine industry is facing its greatest challenge, the company Henry Luce founded is struggling to ...

CBS 4Q earnings top views, but sales fall short

(AP) -- Broadcasting giant CBS Corp. said Wednesday that its earnings rose 31 percent in the final quarter of 2011, thanks to licensing shows to online video companies such as Netflix as well as cost-cutting that helped ...

Viacom, Time Warner Cable settle dispute over app

(AP) -- Viacom Inc., the parent of pay TV networks MTV and Comedy Central, has settled a dispute with Time Warner Cable Inc. over whether its subscribers can watch shows like "Jersey Shore" on mobile devices while at home.

'Shrek' studio joins Wal-Mart disc-to-digital plan

(AP) -- DreamWorks Animation SKG Inc., the maker of "Shrek," "Madagascar" and "Kung Fu Panda," is teaming up with Wal-Mart Stores Inc. to help people convert their old DVDs into an online movie library.

Time Warner to spin off publishing unit Time Inc.

Time Warner said Wednesday it would spin off its publishing arm Time Inc. as a separate company by the end of the year, allowing the US conglomerate to focus on its television and film operations.

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