Wall Street Journal

Gray TV to Buy Raycom in $3.65 Billion Deal

Gray Television has agreed to buy fellow television-station owner Raycom Media in a $3.65 billion deal that would create a company that reaches nearly a quarter of US TV households. Gray estimates it will be able to save $40 million in the first y

AT&T Plots New Marketplace for TV and Digital Video Advertising

AT&T's advertising chief said the company’s acquisition of AppNexus is part of a strategy to build a first-of-its-kind marketplace for television and digital video advertising and give it more firepower against industry juggernauts Google and

Supreme Court Clears Way for Sales Taxes on Internet Merchants

Internet retailers can be required to collect sales taxes in states where they have no physical presence, the Supreme Court ruled in a 5-4 decision.