Robert MacMillan

Fox and CBS say TV advertising holding up

Advertisers are moving forward with deals they signed last spring for billions of dollars in television commercial time, and remain willing to pay top dollar for additional spots, two top media executives said on Wednesday.

Tribune blames Google for UAL bankruptcy story

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Tribune Co on Wednesday blamed technology owned by search engine company Google for treating an outdated story about UAL Corp's bankruptcy as current, breaking news. Tribune said it had identified problems with Google's "Googlebot" technology months ago and asked the company to stop using it to "crawl" for stories on its website.

Mexico's Slim owns 6 percent of New York Times

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Mexican telecommunications tycoon and billionaire Carlos Slim has bought a 6.4 percent stake in The New York Times Co.

Tribune plans no more newspaper sales in 2008

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Tribune Co has no plans to sell other newspapers in 2008 after agreeing to sell Newsday to Cablevision Systems Corp, Chief Executive Sam Zell said. But the company may get $1 billion for the Chicago Cubs, Wrigley Field and a 25% stake in cable channel Comcast SportsNet.

News Corp unexpectedly drops bid for Newsday

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Rupert Murdoch's News Corp on Saturday dropped its $580 million bid for Tribune Co's Newsday newspaper, just days after Murdoch said a deal was imminent, leaving cable television operator Cablevision as the likely winner of the Long Island daily.

Newspaper circulation falls 3.6 percent

U.S. newspaper circulation fell 3.6 percent in the latest set of figures released by an industry group on Monday, reflecting a migration of readers to the Internet and publishers' efforts to streamline their businesses.

Little relief in sight for newspapers: Quadrangle

Newspaper company valuations will remain depressed until the industry figures out how to connect with younger readers.

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