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AOL (AOL)

Aol has been in turnaround mode for years — this time, it looks like the turns are in the right direction. Advertising up, revenue decline almost flat, subscription churn lowest in a decade, latest re-org underway. Read more »

Stephen Colbert and Jon Stewart
photo: Getty Images / Win McNamee

After more than a week of public squabbling and dark channels, DirecTV and Viacom have a new licensing deal that restores all 26 of the channels — and leaves open the possibility that premium channel Epix will show up on the satellite operator. Read more »

Yahoo Times Square

Yahoo took a hit on layoff costs in the second quarter but still showed a small profit, eking out tiny single-digit increases in some meaningful metrics while keeping search from falling off a cliff. In a word, it was flat compared to the same quarter in […] Read more »

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Aereo Dime Size Antenna

Aereo, a bold bid to transmit television via broadband using tiny off-site antennas, won a major victory in federal court Wednesday when a judge denied the plaintiffs’ demand for a preliminary injunction blocking the service from allowing timeshifting during a live broadcast. The judge found that […] Read more »

Ross Levinsohn
photo: Yahoo

Yahoo and Facebook announcing that they will avoid the patent version of the Hundred Years’ War should be enough to seal the deal for interim CEO Ross Levinsohn, credited with the change in strategy, to get the “i” word removed from his title. Will it be? Read more »

2012 All Star Final Vote Bryce Harper
photo: Screengrab / nationals.com

Major League Baseball is changing the rules for its contest to select the last two 2012 All-Stars, allowing tweets with official hashtags in the last four hours to equal browser or mobile votes. But can a tweet equal a site visit or SMS in value? Read more »

Rupert Murdoch on FBN

Super Bowl winners head to Disney World; moguls with a new corporate agenda go on a media tour. Following the formal announcement early Thursday morning that News Corp. will split up publishing and media/entertainment, Rupert Murdoch covered all the bases. Here’s what he had to say. Read more »

Rupert Murdoch with The Sun On Sunday

One of the most important elements of any major corporate move is pitching it to the staff. News Corp.Chairman and CEO Rupert Murdoch called in some top execs for meetings earlier this week to talk about splitting the company; here’s how he’s explaining it to everyone […] Read more »

News Corp headquarters
photo: Getty Images / Mario Tama

Three days after its talks about splitting the company went public, News Corp. makes it official. Rupert Murdoch has agreed to partially dismantle the conglomerate, spinning off its publishing and education assets into a new company — with him as chairman of both. Read more »

Avatar Movie Characters
photo: Avatar (official site)

Newspapers built the foundation that became News Corp. but the bulk of the money comes from the entertainment assets Rupert Murdoch bought or launched. If Murdoch gives in on splitting the company, what would a 21st Century Fox look like? Read more »

Rupert Murdoch with some of his newspapers
photo: Roger Ressmeyer/CORBIS

The News Corp. board of directors is expected to decide within days whether to start the process that would split the publishing assets from the company. The board is meeting in New York this week in a session called to discuss the restructuring. A decision could […] Read more »

Y.E. Yang wins 2009 PGA
photo: AP Photo/Charlie Neibergall

The PGA Tour is ending its production partnership with Turner Sports and will take control of its own digital destiny starting with the 2013 season. The parting is in the “it’s about us, not them” mold — but that doesn’t make it easier for Turner. Read more »

NYT Building, New York Times Building
photo: Getty Images / Mario Tama

The New York Times has been looking for a new CEO since Janet Robinson was forced out seven months ago, and BBC director-general Mark Thompson is said to be in the running for the job. But is he the solution to the newspaper’s problems? Read more »

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