CBS buys half of TV Guide net for $100M

A person familiar with CBS' deal for TV Guide says the broadcaster is buying a 50 percent stake in TV Guide's cable channel and website for nearly $100 million.

Al-Jazeera pays $500M for Current TV (Update)

(AP)—Al-Jazeera has a growing reputation for serious news gathering and its reporters have won some of the biggest awards in journalism. What the Pan-Arab news network doesn't have is a significant presence in the U.S.

Media, advertisers ready for audience surge

Sometimes it's not the size of the storm, it's where it hits. As Hurricane Sandy raged through one of the country's most densely populated regions, it created a surge in online traffic Monday as people sought weather-related ...

Google Fiber strikes deal to carry NFL Network

The National Football League has struck a deal with Google Fiber for carriage of its two cable channels on the search engine's new broadband distribution service it is offering in Kansas City, Mo., and Kansas City, Kan.

Dish closes on 2 purchases key to broadband plans

(AP) -- Satellite TV provider Dish Network Corp. has completed its purchase of two satellite operators whose licenses it hopes to use to offer broadband access that can help it compete better with cable TV and phone companies.

Comcast subscribers almost stop cancelling cable

(AP) -- It's become the routine in the cable industry that subscribers stream out the door every quarter, hanging up on cable in favor of service from satellite or phone companies. But in the October to December quarter, ...

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