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Broadcasters adapt to Web, but fear its encroachment

Last fall, Apple Inc.'s head of Internet services began making the Hollywood rounds with a proposal to launch a subscription television service that would offer a package of broadcast shows for $10 a month.

Time Warner Cable, Cox asked to drop ad claims

(AP) -- An advertising watchdog is asking Time Warner Cable and Cox to drop claims that they run fiber-optics networks, after Verizon complained about their ads.

AOL looking to sell or shut down social site Bebo

(AP) -- The struggling Internet company AOL Inc. plans to sell or shut down the online community Bebo nearly two years after buying it for $850 million in an expansion of its social-networking ambitions.

Web video site Veoh filing for bankruptcy protection

Video website Veoh, which has been locked in a two-year legal battle with Vivendi's Universal Music Group over copyright infringement, is filing for bankruptcy protection, its founder announced.

Newly single AOL posts 4Q profit, despite ad drop

(AP) -- AOL Inc., newly released from its fizzled marriage with Time Warner Inc., reported a modest profit for the fourth quarter on Wednesday, even as revenue from online advertising continued to fall.

AOL CEO turns down $1.5M 2009 bonus

(AP) -- AOL Inc. CEO Tim Armstrong has turned down a bonus of at least $1.5 million in 2009, the company reported in a filing Tuesday.

Comcast, NBC say deal would not hurt competition

(AP) -- Comcast Corp. and NBC Universal said the cable TV operator's plan to take control of the NBC media empire shouldn't raise significant antitrust concerns because the companies operate in separate and highly competitive ...

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