Investors in some top U.S. media companies have had a rough ride as their shares have lagged the rest of the market. You just wouldn’t know it if you looked at the bank accounts of their top executives.
Rupert Murdoch's Twenty-First Century Fox Inc held preliminary takeover talks with Discovery Communications Inc with a view to creating a $100 billion entertainment giant, the Australian Financial Review reported on Monday.
Cable television network TLC on Friday said it has canceled "Here Comes Honey Boo Boo," the popular cable reality series, about a rural Georgia family and their precocious beauty pageant daughter.
Discovery Communications is looking to buy Food Network majority owner Scripps Networks Interactive. The possible deal could bring in a combined market capitalization of $43 billion.
Oprah Winfrey Network pulled stronger ratings and finally made money after 4 years since it's debut.