The US Federal Communications Commission said it is working with CBS and Time Warner to bring an end to the blackout that affected their consumers.
Tags: CBS Corp.
50% drop in Viacom stock wipes out $16B
The concerns about the future course of Viacom among its investors led the continuous drop in stock on Nasdaq. The latest watching ratings on Viacom's MTV, Nickelodeon, Spike and Comedy Central steeply fell when compared to its competitors. This has created doubts among the company's investors, who resorted to offload their holdings on Nasdaq exchange.
Top Fox investors seek to convert voting shares, Murdoch may benefit
Several top investors in Twenty-First Century Fox Inc are pressing for the right to swap their voting shares for ordinary shares, which are trading at an unusual premium, even though the move could hand even more control of the company to Rupert Murdoch, according to people familiar with the matter.
Dish reaches deal that brings back Fox news, business channels
The Fox News and Fox Business channels returned on Thursday to satellite TV provider Dish Network Corp's (DISH.O) lineup after both sides agreed to a multiyear deal.
Court allows Aereo to auction TV streaming technology assets
A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, according to court papers published on Friday.
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CBS blocked the access of Time Warner cable's customers to online shows after the cable operator dropped it from its network.
Media leader, CBS Corp, said that they are set to buyback US$5.1 billion worth of shares CBS Corp announced that that its board of directors approved the repurchase of US$5.
CBS Corp. entered into discussions with a private equity firm hoping to sell its outdoor business for around US$225 million.
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