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Univision, ABC seek to launch Hispanic news network
2/8/2012 4:11:07 PM
Reuters - A joint venture by ABC and Univision to launch an English-language cable news channel catering to the growing Hispanic market is expected to launch before the fall election, individuals with knowledge of the deal told TheWrap.
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Viacom, Taylor Swift partner for "Hunger Games" launch
2/8/2012 3:23:07 PM
Reuters - Viacom and Taylor Swift have partnered for MTV's first global music video premiere, presenting the debut of Swift's "Safe & Sound" music video from "The Hunger Games" soundtrack across the Viacom Music Groups' many channels and platforms.
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Time Warner beats forecasts, shares up
2/8/2012 12:24:16 PM
Reuters - Time Warner Inc posted better-than-expected quarterly profit on Wednesday, helped by its cable networks and the last installment of its Harry Potter movie franchise.
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News Corp reaches more phone hacking settlements
2/8/2012 7:07:40 AM
Reuters - A further 15 politicians, sportsmen and celebrities reached settlements with the British newspaper arm of Rupert Murdoch's News Corp on Wednesday over a phone hacking scandal that has rocked his global media empire.
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Golden Globes trial: judge pushes settlement
2/7/2012 8:25:44 PM
Reuters - A U.S. district court judge pushed Dick Clark Productions and the Hollywood Foreign Press Association to end their bitter legal scuffle and reach a settlement.
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Verizon, Redbox plan Netflix challenge
2/7/2012 5:24:46 PM
Reuters - Verizon Communications Inc and Coinstar's Redbox unit have formed a joint venture to sell video services aimed at competing against video rental giant Netflix Inc.
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Amazon, Viacom close to Web video deal
2/7/2012 3:51:02 PM
Reuters - Amazon.com Inc is about to announce a Web video deal with Viacom Inc in what sources said was one of the last steps in a plan to launch a standalone subscription service to compete with Netflix Inc.
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McClatchy ad rev decline slows, shares jump
2/7/2012 10:35:14 AM
Reuters - Newspaper publisher McClatchy Co's quarterly results handily beat expectations, as the pace of decline in advertising revenue reduced sharply and expenses fell about 8 percent.
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Walt Disney, Univision discussing joint news channel: source
2/6/2012 8:05:05 PM
Reuters - Walt Disney Co is talking with Univision Communications about creating a new 24-hour English language cable news channel aimed at a Hispanic audience, a person with knowledge of the negotiations said on Monday.
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MGM gets $500 mln loan to expand film, TV slate
2/6/2012 6:46:42 PM
Reuters - Metro-Goldwyn Mayer said its lenders agreed to loan the studio $500 million to retire debt it took on when it emerged from bankruptcy about a year ago and to expand its film and TV production.
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Verizon, Redbox plan Netflix challenge
2/6/2012 3:57:19 PM
Reuters - Verizon Communications Inc and Coinstar's Redbox unit have formed a joint venture to sell video services aimed at competing against video rental giant Netflix Inc.
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Resilient Chevy, Chrysler ads win at Super Bowl
2/6/2012 8:37:32 AM
Reuters - General Motors scored with an Armageddon-proof Chevy truck while a Clint Eastwood pep talk for America won notice for rival Chrysler during the high-stakes brand battle at Sunday's Super Bowl.
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Chevy airs Super Bowl ad that Ford wanted pulled
2/5/2012 5:58:17 PM
Reuters - Chevy aired a Super Bowl ad suggesting that its Silverado would survive the Mayan apocalypse and Ford trucks wouldn't -- despite Ford calling for the ad to be pulled.
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News Corp taps Bloomberg executive to lead Dow Jones
2/2/2012 4:06:20 PM
Reuters - Rupert Murdoch's News Corp on Thursday named Bloomberg LP executive Lex Fenwick as chief executive officer of its Dow Jones & Co unit which houses its Wall Street Journal newspaper.
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NY Times adds digital subscribers, but ad revenue shrinks
2/2/2012 11:13:39 AM
Reuters - The New York Times Co, which is grappling with sinking advertising revenue and a recent change in the top management, said it continued to add subscribers for its digital products in the fourth quarter.
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Unpaid intern sues Harper's Bazaar for minimum wage
2/2/2012 8:05:04 AM
Reuters - A former intern at Harper's Bazaar is suing the magazine's publisher, Hearst Corporation, saying that her internship violates labor laws because it was unpaid, according to a lawsuit filed in federal court in New York.
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Mexican frontrunner favors local investors in telecom
2/1/2012 5:07:59 PM
Reuters - The favorite to win Mexico's presidential election this July said on Wednesday the country must favor local investors over foreign competitors in strategic sectors of the economy, including telecommunications.
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Mexico watchdog: no official word on Televisa deal
2/1/2012 3:00:31 PM
Reuters - Mexico's competition watchdog said on Wednesday it was still in the process of notifying the companies of its decision on broadcaster Televisa's proposed purchase of half of cell phone company Iusacell.
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Trinity Mirror to axe a fifth of editorial staff
2/1/2012 11:00:29 AM
Reuters - British newspaper publisher Trinity Mirror said it will cut almost a fifth of its editorial staff as part of a plan to overhaul the newsroom behind its popular tabloids Daily Mirror, Sunday Mirror and The People.
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SAG, AFTRA release details of proposed merger
2/1/2012 9:36:06 AM
Reuters - SAG and AFTRA on Tuesday provided details of their proposed merger agreement -- including specifics on dues, membership requirements and strike provisions.
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Vevo CEO projects $1 billion in revenue
1/31/2012 9:01:12 PM
Reuters - think Hulu for music videos - announced Tuesday that his company generated $150 million in revenue in 2011, which, after a little math, reveals that Vevo is also profitable.
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