US Industry Summary


SEC launched extensive probe to identify sources in Reuters stories

NEW YORK/WASHINGTON (Reuters) - A U.S. Securities and Exchange Commission watchdog conducted an extensive, months-long investigation to find out who had leaked information that appeared in two Reuters stories published last autumn, but it was unable to identify the sources, according to a report of the probe seen by Reuters on Thursday.

AMC Networks wants stake in BBC America: source

AMC Networks Inc , a U.S. media company that owns cable channels, is in talks to buy a stake in BBC America, BBC Worldwide’s U.S. channel, a source familiar with the matter told Reuters.

Two former senior Murdoch editors charged over UK phone-hacking

Two more senior journalists from Rupert Murdoch's defunct British tabloid the News of the World have been charged with phone-hacking, prosecutors said on Wednesday, weeks after the paper's former editor was jailed for the crime.

NY Times forecasts further decline in print ad revenue

The New York Times Co reported a dip in second-quarter revenue as print advertising revenue erased the previous quarter's rise, and the company expects print ad revenue to continue to decline in the future.

Broadcaster CME will be free cash flow positive in 2015

Broadcaster Central European Media Enterprises (CME) said it expected to be free cash flow positive starting in 2015 although 2014 would show a bigger drop than last year.

FCC chairman tells Time Warner to end Dodgers TV dispute

The chairman of the Federal Communications Commission told Time Warner Inc on Tuesday to end its dispute with DirecTV and other cable operators that has left most fans of the Los Angeles Dodgers baseball team unable to watch games on local television.

French regulator rejects applications for free TV channels

France's broadcast regulator has rejected applications from TF1 , M6 and Vivendi's Canal+ to shift three of their respective pay-television channels to free-to-air, dealing a setback to the companies and their staff.

Murdoch's Fox open to giving Time Warner board seats in new bid: Bloomberg

Rupert Murdoch’s 21st Century Fox is open to giving Time Warner Inc shareholders seats on the new company's board if its takeover bid succeeds, Bloomberg reported on Saturday, citing people familiar with the situation.

U.S. FCC needs better data on TV stations' shared deals: watchdog

The Federal Communications Commission may have problems ensuring that its regulations on shared arrangements by TV stations meet the agency's goals on competition and diversity because "it lacks basic data," the U.S. government watchdog said on Monday.

Fox seen selling CNN rather than spinning off despite tax bill

If Twenty-First Century Fox succeeds in buying Time Warner Inc, it's likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter.
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