In what appears to be the end of a media buying era, Omnicom has closed the St. Louis offices of PHD, once the largest … Read the whole story

NBC's decision to bolt from iTunes Music Store wasn't only affected by lower-than-expected revenues from the subscription download service, say analysts, but disappointing revenues … Read the whole story

It hasn't been a kind six months for America's three best-known newsweeklies. A major redesign and a change in its distribution schedule have failed … Read the whole story

File this under bad news. On Friday, the Newspaper Association of America released quarterly revenue totals for the industry, which reported an 8.6% decline … Read the whole story

ESPN's would-be "60 Minutes" for the sports world will carry a title with the same number: "E:60." The network intends to run the show … Read the whole story

Not every cable show clicked this summer. Turner Network Television now says it's pulling summer doctor series "Heartland." Even lead-in "The Closer" couldn't save … Read the whole story