The venue known for its cry of "Unity in Diversity" has given way to the forces of consolidation. The last major holdout in the live events industry sold for $354 million — probably bad news for bands and concertgoers. Rachel Dornhelm reports.
The Mouse House is reportedly close to wrapping up multi-year negotiations with Comcast and Time Warner over billions in licensing fees. Janet Babin reports.
The world's largest diamond trader will reportedly join a delegation of human rights organizations calling for a crackdown on trade in blood diamonds. And it could have a lot to do with the Leonardo DiCaprio film hitting theaters next month.
Media companies are feeling the pressure to make deals with Google to get on board YouTube, but Financial Times reporter Aline Van Duyn says those companies are conflicted.
Host Mark Austin Thomas and Daily Variety managing editor Michael Speier discuss why TV and movie companies have been so hesitant to make deals with YouTube and other digital newcomers.
After being publicly dumped by Paramount Pictures, Tom Cruise is breathing life back into MGM's storied United Artists studio. Lisa Napoli has details on the deal that's got Hollywood buzzing.
The social networking site has announced it's licensed new technology that will ban users from uploading copyrighted material onto the site. Alisa Roth reports.
There's a whole lot of money rolling in from cell phone ringtones and other digital downloads — but music companies might be taking more than their share of the royalties. Lisa Napoli reports.
Commentator Robert Reich takes issue with the fictionalized account of the assassination of President Bush in the film opening this weekend. He says theatergoers should send a message to movie houses — by staying home.