News Corp. wants to turn Madison Avenue into "ItsSpace," and the media giant is aggressively courting blue-chip marketers for its most prized Internet asset. Read the whole story

In the continuing drive by media companies to make on-demand video deals, NBC Universal has joined CBS in becoming the second network to agree … Read the whole story

Liberty Media may be looking to shed its 50 percent ownership in Court TV, opening the door for either co-owner Time Warner to take … Read the whole story

A U.S. district court in Texas has dismissed a class action suit against newspaper giant Belo Corp., which resulted from its circulation overstatement scandal … Read the whole story

Clear Channel Radio's existing digital infrastructure will allow the radio giant to succeed where other broadcasters may fail as HD terrestrial digital radio rolls … Read the whole story

CBS and the NCAA have officially pulled out all the stops in their pursuit of Final Four-related broadband video this year. For four hours … Read the whole story