• Yahoo To Preview New TV Shows by Wendy Davis

    As a first step toward revamping its flagging TV section, Yahoo this week launched a new site devoted to the fall prime-time lineup. CBS, NBC and Fox will make streams of new programs available on the site. ...Read the whole story

  • Sony Buys Video-Sharing Site For $65M by Mark Walsh

    Sony Entertainment Pictures is paying $65 million to acquire video-sharing site Grouper Networks. The site's modest user base--around half a million visitors last month--led to raised eyebrows about the purchase price. "I think this one borders on the unreal," said Tolman Geffs, managing director at media industry investment bank The Jordan, Edmiston Group. ...Read the whole story

  • Facebook Taps Microsoft For Ads by Erik Sass

    Microsoft will provide ads to social networking site Facebook, the companies announced Monday. With this deal, Microsoft could see its search use jump, predicted industry observers. ...Read the whole story

  • Report: IPTV To Surge By 2010 by Shankar Gupta

    Internet Protocol TV is still in its infancy in the United States, but has the potential to significantly shake up both television and the Web, according to a new report by research firm eMarketer. The report, "IPTV: The Global Picture," warns of "the potentially disruptive long-term effects that the convergence of TV and the Internet will bring to both platforms and their end users." ...Read the whole story

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