User: newstrust Topic: Media
Category: Media Ownership :: Media Revenue
Last updated: Dec 24 2018 20:45 IST RSS 2.0
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Disney settles lawsuit over 'Home Improvement' profits 25.7.2019 LA Times: Business

Wind Dancer Production Group in 2013 sued ABC parent company Walt Disney Co., claiming it was cheated out of profits from "Home Improvement."

Bianca Devins: The teenager whose murder was exploited for clicks 21.7.2019 BBC: Technology
Images of Bianca Devins' death were widely shared online. Experts say this exposed a bigger problem.
Snap’s gender-swap filter went viral. So did the stock 12.7.2019 LA Times: Business

It only took six months and a basket of disguises for Wall Street to love Snap Inc. again.

Snap stock has seen a dramatic recovery over the past several months, with shares more than tripling off a record low in December to trade at their highest level in more than a year. While there have been...

Branson warns pound to plummet in no-deal Brexit 11.7.2019 BBC: Business
Virgin boss tells the BBC a UK no-deal departure from the EU would be ‘devastating’ for Virgin.
TV star's call for online homophobia to be hate crime debated by MPs 1.7.2019 BBC: Technology
The Only Way Is Essex's Bobby Norris says online homophobia should be a specific criminal offence.
The Labor Movement Comes to Virtual Reality: Unionizing Digital Media 16.6.2019
Union drives at media organizations have been a source of rare good news for the labor movement.
Chipmakers, trade fears drag down stocks 15.6.2019 Los Angeles Times - Living Green

U.S. stocks fell in afternoon trading Friday on Wall Street after a major chipmaker issued a sharp warning about how the U.S.-China trade war is disrupting a key industry.

Technology led the broader market lower at the end of an uneven week of trading. Broadcom warned that demand for chips has...

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Taxi and rideshare drivers desperately need revenue from rooftop ads 31.5.2019 LA Times: Commentary

To the editor: It is no secret that the challenges faced by taxi drivers in Los Angeles and other major cities are severe, and only worsening with the ever-rising cost of living. What is unique to Los Angeles, however, is the response to this crisis by some of the city’s elected officials. (“Digital...

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New Twitter experiment is showing some users more ads 22.5.2019 LA Times: Business

If you feel like you’ve been seeing more Twitter ads lately, it’s not just your imagination.

A Twitter Inc. spokeswoman said Tuesday that the company is experimenting with ad load, the industry term used to describe how frequently users are shown advertisements.

As a result, some people are getting...

Stocks rise, clawing back half of Monday’s trade-war-induced drop 15.5.2019 LA Times: Business

Stocks scrambled higher Tuesday and clawed back much of their losses from Monday’s rout, the latest whipsaw move as investors weigh just how much the escalating U.S.-China trade war will hurt the economy.

The Standard & Poor’s 500 and other U.S. stock indexes rose as soon as markets opened, and...

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Judge overturns $128-million punitive damages award in ‘Bones’ TV show dispute 3.5.2019 LA Times: Commentary

A Los Angeles judge overturned a massive $128.5-million punitive damages award to the stars and producers of Fox’s longtime hit show “Bones,” handing a big victory to the 20th Century Fox Television production studio.

Los Angeles County Superior Court Judge Richard Rico ruled Thursday that the...

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Energy and tech companies help pull stocks broadly lower 3.5.2019 LA Times: Business

Energy stocks led a broad slide Thursday on Wall Street as oil and gas prices fell, handing the market its second straight daily loss.

Losses in technology and communications stocks also helped power the sell-off, offsetting gains in the healthcare and real estate sectors. Banks also rose, getting...

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After layoffs, BuzzFeed CEO focuses on growing revenue, diversifying 27.4.2019 Los Angeles Times - Living Green

“Utopia” is the name of the room that BuzzFeed Chief Executive Jonah Peretti uses as his L.A. office, but the last few months have been anything but that. His New York-based start-up, once seen as a potential savior for journalism, cut roughly 220 staffers this year, the latest sign of turmoil...

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Stocks slump on earnings as Treasuries rally 26.4.2019 LA Times: Business

U.S. stocks fell on news of disappointing corporate earnings and Treasuries climbed after data signaled tepid inflation in the first quarter.

The S&P 500 Index declined as Intel and Exxon Mobil slumped after profits fell short of estimates. Ten-year government bond yields dipped below 2.5% following...

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'It will be heartbreaking': Warroad newspaper prepares to close; Crookston to reduce days 25.4.2019 Minnesota Public Radio: Business
Major changes are coming for two century-old area publications as one newspaper plans to shutter and another reduces printing days.
Twitter reports rising users and revenues 23.4.2019 BBC News - US & Canada
The social media platform reports better-than-expected results as it plans to minimise "outrage".
Pinterest readies $1.3-billion IPO with anti social media marketing campaign 18.4.2019 LA Times: Business

Pinterest Inc.’s message to investors: Don’t compare us to social media or a search engine.

But as it wraps up a short roadshow and gets ready to list shares as soon as Thursday, such a comparison could help Pinterest drum up demand amid a flood of new listings this year.

Pinterest operates in...

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Stocks open higher on Wall Street after a day of losses 10.4.2019 LA Times: Business

Stocks are opening slightly higher on Wall Street as the market resumes its upward climb following a drop the day earlier.

Technology and media companies were among the early gainers Wednesday. Nvidia, a chipmaker, climbed 1% and Dish Network added 1.6%.

Delta Air Lines, the first major U.S. company...

Stocks move broadly lower after IMF predicts slower economic growth 9.4.2019 LA Times: Business

Stocks moved broadly lower Tuesday morning on Wall Street, putting the Standard & Poor’s 500 index on track to snap its eight-day winning streak.

Banks and industrial companies led the losses. General Electric fell 3.2%, and Citigroup fell 1.2%. Pentair plunged more than 14% after slashing its...

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Univision sells the Onion, Gizmodo and other websites to private equity firm 8.4.2019 LA Times: Business

Univision Communications Inc. has sold tech website Gizmodo, satirical-news hub the Onion and other English-language sites to the private equity firm Great Hill Partners. Terms were not disclosed.

The Spanish-language broadcaster bought much of what was then known as Gawker Media for $135 million...

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