Former Myspace CTO to launch Facebook competitor
Dmitry Shapiro has raised about $1 million in funding from investors including Draper Fisher Jurvetson and Myspace founder Tom Anderson to launch a privacy-conscious alternative to Facebook named
PTC wants a Supreme effort on indecency
The FCC has asked the Supreme Court to review its loss at the circuit court level on the matter of fleeting indecency, and the...
Financing sources returning to broadcasting
Kristin Allen, Managing Director, Credit Suisse. She sees bank and bond leverage together being able to go to six, six and a quarter or six and a half times
Vacation scammers preying on Hispanics sued by FTC
The Federal Trade Commission is taking action against companies that used Hispanic radio and television advertising to make their victims believe they had won...
Comcast and NBCU merge venture capital funds
Comcast Corporation announced that it has combined Comcast Interactive Capital, the venture capital affiliate of the company, with the Peacock Equity Fund, formerly the venture capital affiliate of NBC
Ed Schultz apologizes to Laura Ingraham (video)
“I have embarrassed my family. I have embarrassed this company,” Ed Schultz said Wednesday night at the opening of “The Ed Show” on MSNBC....
MSNBC suspends Ed Schultz (audio)
It was on his syndicated radio show that Ed Schultz referred to competitor Laura Ingraham as a
Viacom boosts its dividend
Shareholders of Viacom are going to have some more cash to spend. The company’s board of directors has boosted the quarterly dividend by 67%.
The...
Bubba the Love Sponge named pace car driver for Coke Zero 400
The 53rd Annual Coke Zero 400, powered by Coca-Cola NASCAR Sprint Cup Series, has chosen Radio IO Internet and syndicated radio talker Bubba the Love Sponge Clem as honorary pace car driver on Saturday, 7/2 at Daytona
The passing of a golden soul
A year after the death of actor Gary Coleman, the original manager of the child star reflects on Coleman’s too-short life and places blame...
State internet taxes an issue for national etailer
Overstock.com will no longer strike contracts for advertising in the state of Connecticut due to a new State tax on retail transactions conducted over...
Comcast hits 20 billion mark for VOD
Cable giant Comcast says it has passed a milestone, delivering 20 billion entertainment choices via its On Demand since the service launched in 2003....
Fisher files final vote tally
You already know that the management slate won two seats and dissidents two seats in the hotly contested battle for control of the board...
Gas prices putting a crimp on consumers spending
If you have to put your hard earned cash into your vehicle’s gas tank, you can’t spend it on a vacation, or dining out....
TiVo now includes Hulu for streaming options
Looks like TiVo is investing its recent patent litigation settlement of $500 million with Dish Network wisely: As the company continues its move beyond selling DVRs and a subscription service, viewers with a premium Hulu account will now