Citing expectations that a major ad sales agreement with Google is imminent, securities firm Merrill Lynch reaffirmed its "buy" rating for CBS stock. In … Read the whole story

CBS is in negotiations with three cable operators to sell its programming under retransmission-consent deals, according to Les Moonves, president and CEO of CBS … Read the whole story

Two weeks before the midterm elections, a fire destroyed an old military building in Fort Meade, Maryland. The building housed the 902nd Military Intelligence … Read the whole story

E.W. Scripps Co. wants to heighten value for its booming cable networks on Wall Street, so it gave a strong indication this week that … Read the whole story

Turner Broadcasting has hired former Universal Studios' marketing executive Beth Goss as its new head of advertising sales for Cartoon Network. Although she has … Read the whole story

Clear Channel Radio CEO John Hogan delivered another blow to ad clutter. In an internal memo circulated Tuesday, he declared the broadcaster's "Less Is … Read the whole story

On the eve of a surefire ratings liftoff from "American Idol," News Corp.'s President-COO Peter Chernin says the company is unhappy with the Fox … Read the whole story

TV Guide has joined the majority of television shows it writes about--and gone digital. Since switching its format from digest-form to full-size and cutting … Read the whole story

Emmis Communications, one of the nation's leading radio-station owners, announced disappointing returns in its third-quarter results. Total radio and publishing revenue was $91.2 million--a … Read the whole story

Five-time Emmy-winning comedian Dennis Miller, who is a seasoned talk-show host on cable, will now try the format in radio, launching a three-hour talk … Read the whole story