Stewart bid rejected
A federal judge Monday rejected Martha Stewart's bid to end her five months of house arrest early, calling her sentence "reasonable and appropriate."
XM-AOL deal
XM Satellite Radio Holdings Inc. and America Online Inc. are planning to add some of the satellite service's programming to AOL's radio offerings in a bid to bring a sample of paid radio to a wider audience, while boosting traffic at AOL's signature site, it was announced Monday.
WGA leaders meet
WGA West proposed a merger with its affiliated union in the East at a weekend meeting that otherwise dwelled on their $1 million dues dispute.
Firm boosts Paxson
Shares of Paxson Communications more than doubled last week as rumors swirled that celebrity management company the Firm is negotiating a purchase.
Stocks mixed Monday
Stocks were narrowly mixed Monday as enthusiasm over falling crude oil prices was muted by concerns about the automotive sector after Ford Motor Co. slashed its profit outlook for the year.
Icahn sets trio
Carl Icahn, in a proxy battle to depose the management of Blockbuster Inc., said he plans to nominate three new directors, including himself, to the board of the video rental chain.
Adelphia's $18 bil bid
Time Warner Inc. and Comcast Corp. have reached a tentative agreement to buy bankrupt cable operator Adelphia Communications for somewhere between $17.5 billion-$18 billion, sources confirmed.
Voom to close
Despite much effort by founder and chairman Charles Dolan, cable operator Cablevision Systems said that its board has decided to shut down the remaining assets of its money-draining Voom satellite TV unit.
MGM deal is done
The legendary Metro-Goldwyn-Mayer, which once was the reigning studio in Hollywood, has officially been sold to a consortium headed by Sony Corp. of America.
China: Game on for Web
Online video game revenue is the driving force for China's gaming market that comprises 28.8 million users, a new report has found. After all, Chinese gamers spend more money on online games than PC, console and hand-held games combined.
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| Monday stock closes |
Blockbuster |
10.11
|
-0.10
|
Comcast |
32.81
|
+0.01
|
|
Disney |
28.13
|
-0.27
|
|
GE |
35.82
|
+0.08
|
|
TiVo |
5.65
|
+0.05
|
|
News Corp. B |
17.42
|
-0.03
|
|
Sony |
40.05
|
-0.29
|
|
Time Warner |
17.85
|
-0.12
|
|
Vivendi-Uni |
31.39
|
+0.18
|
|
Viacom |
34.93
|
-0.37
|
 More stock listings |
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Street Talk
Wall Street analysts aren't fazed by Bob and Harvey Weinstein's split from Disney.
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Risky Business
With the sale of MGM to a Sony-led consortium completed, it's clear that in today's entertainment universe, it's all about selling DVDs, ANNE THOMPSON writes.
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Follow the money
While many new-media companies suffered a loss last month, TiVo recorded a March madness.
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Mermigas on Media
The cable industry is braced for more competition for consumer spending than cable players are willing to admit, DIANE MERMIGAS writes.
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Sale of MGM to Sony-led group is completed
