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NEW YORK (Reuters) - Viacom, the owner of MTV Networks and the Paramount movie studio, said on Thursday it will cut its workforce by about 7 percent, or 850 positions, underscoring the advertising slump afflicting most major...
Dec 4 (Reuters) - Media mogul Sumner Redstone has agreed with his daughter, Shari Redstone, to sell some of National Amusements' 1,500 cinemas rather than the entire division, the Financial Times said citing people familiar...
Yahoo Inc. is plugging its Internet radio service into CBS Corp.'s webcasting network, retreating from a standalone service in the face of rising music-royalty rates. Under the arrangement announced Wednesday, Yahoo will depend...
