Months after 2006-07 deals ordinarily would have been wrapped up, the languishing kids' TV advertising marketplace has claimed its first major victim: media buying … Read the whole story

Sony just announced a new personal communications device called "mylo" (MY Life Online). It's a Wi-Fi-based, PSP-shaped Instant Messenger with Web browsing, VoIP phone, … Read the whole story

Despite advertising marketplace softness, Viacom's worldwide cable network revenue grew 8 percent in the second quarter to $1.75 billion. Read the whole story

Although Disney posted healthy fiscal third-quarter earnings growth--a 39 percent net-income improvement--its media networks provided no help. The culprit? Blame the soft ad market. Read the whole story

In a lackluster cable upfront, the Hallmark Channel hopes to sell less inventory at higher rates. The goal is to bring in the same … Read the whole story