Latest Media industry News

Democratic presidential candidate Mike Bloomberg speaks during a campaign event at Hardywood Park Craft Brewery in Richmond, Va., Saturday, Feb. 15, 2020. (James H. Wallace/Richmond Times-Dispatch via AP)

Bloomberg would sell business interests if elected president

Feb. 19, 2020 6:47 AM EST

SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the...

Democratic presidential candidate and former New York City Mayor Michael Bloomberg speaks during a campaign rally at the Buffalo Soldier Museum in Houston, Thursday, Feb. 13, 2020. Houston Mayor Sylvester Turner stands at right. (Elizabeth Conley/Houston Chronicle via AP)

Bloomberg would sell business interests if elected president

Feb. 18, 2020 9:10 PM EST

SACRAMENTO, Calif. (AP) — Mike Bloomberg would sell the financial data and media company he created in the 1980s — which bears his name and made him a multibillionaire — if he is elected U.S. president, a top adviser said Tuesday. Bloomberg would put Bloomberg LP into a blind trust, and the...

FILE - This April 25, 2016, file photo shows the top of the Tribune Tower on Michigan Avenue in Chicago. Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, and navigates the ongoing shift to online media, the Chicago-based company said in a statement Monday, Feb. 3. 2020. (AP Photo/M. Spencer Green, File)

2 top execs stepping down at publisher Tribune amid turmoil

Feb. 18, 2020 8:32 PM EST

Two top executives at newspaper publisher Tribune are stepping down as the company deals with its largest shareholder, a hedge fund known for cutting newsroom jobs, andgrapples with a decline in revenue as the print-ad business shrinks. The Chicago-based company, which owns the Chicago Tribune, New York Daily...

FILE - This Oct. 14, 2009 file photo, shows copies of the McClatchy Co. owned Miami Herald newspaper in Miami. McClatchy Co., the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers across the country is filing for bankruptcy protection. McClatchy Co. said Thursday, Feb. 13, 2020, that it will continue to run normally as it pursues approval of its restructuring plan under Chapter 11.   (AP Photo/Wilfredo Lee, File)

Newspaper chain McClatchy files for bankruptcy protection

Feb. 13, 2020 3:07 PM EST

NEW YORK (AP) — McClatchy, the publisher of the Miami Herald, The Kansas City Star and dozens of other newspapers, has filed for bankruptcy protection as it struggles to pay off debt while revenue shrinks because more readers and advertisers are going online. McClatchy said Thursday that its 30 newspapers...

FILE - In this Oct. 23, 2016, file photo, a New Orleans Saints helmet rests on the playing field before an NFL football game in Kansas City, Mo. An Associated Press review of public tax documents found that the Bensons' foundation has given at least $62 million to the Archdiocese of New Orleans and other Catholic causes over the past dozen years, including gifts to schools, universities, charities and individual parishes.  (AP Photo/Jeff Roberson, File)

Judge orders open hearing on NFL team's emails with church

Feb. 13, 2020 11:26 AM EST

News outlets and the public will be able to attend a hearing next week in New Orleans on the confidentiality of emails between Roman Catholic officials and the city's NFL franchise concerning clergy sex-abuse scandals. A state judge in New Orleans ruled Thursday that the Feb. 20 hearing will be open, although...

FILE - This combination of images shows logos for companies from left, Twitter, YouTube and Facebook. The British government announced Wednesday Feb. 12, 2020, it will give regulators the power to fine social media companies for harmful material on their platforms. (AP Photos/File)

UK announces plan to fine firms for harmful online content

Feb. 12, 2020 6:14 AM EST

LONDON (AP) — The British government says it will give regulators the power to fine social media companies for harmful material on their platforms. Plans announced Wednesday would give the U.K.’s telecommunications watchdog, Ofcom, power to enforce a “duty of care” on companies such as...

FILE - In this Jan. 15, 2020, file photo T-Mobile chief executive John Legere speaks to reporters as he leaves the courthouse in New York. A federal judge has removed a major obstacle to T-Mobile's $26.5 billion takeover of Sprint, as he rejected claims by a group of states that the deal would mean less competition and higher phone bills. (AP Photo/Seth Wenig, File)

Price worries remain after judge OKs T-Mobile's Sprint deal

Feb. 11, 2020 4:28 PM EST

NEW YORK (AP) — A federal judge has cleared a major path for T-Mobile to buy Sprint for $26.5 billion, citing T-Mobile's track record in promoting competition, even as legal scholars and consumer advocates warn about higher phone bills. Judge Victor Marrero in New York said he believed the new T-Mobile...

FILE - In this July 27, 2018 file photo, the logo for Amazon is displayed on a screen at the Nasdaq MarketSite in New York. Amazon wants to depose President Donald Trump over the tech company's losing bid for a $10 billion military contract. The Pentagon awarded the cloud computing project to Microsoft in October. Amazon later sued, arguing that Trump's interference and bias against the company harmed Amazon's chances of winning the contract. (AP Photo/Richard Drew, File)

Amazon wants to question Trump over losing $10B contract bid

Feb. 10, 2020 5:05 PM EST

Amazon wants President Donald Trump to submit to questioning over the tech company's losing bid for a $10 billion military contract. The Pentagon awarded the cloud computing project to Microsoft in October. Amazon later sued, arguing that Trump's interference and bias against the company harmed Amazon's chances....

FILE - In this Tuesday, Feb. 4, 2020, file photo, House Speaker Nancy Pelosi, of California, tears her copy of President Donald Trump's State of the Union address after he delivered it to a joint session of Congress on Capitol Hill in Washington. (AP Photo/Patrick Semansky, File)

Video of Pelosi brings renewed attention to 'cheapfakes'

Feb. 10, 2020 10:55 AM EST

SAN FRANCISCO (AP) — The issue of misleading political messages on social media has arisen again, as President Donald Trump tweeted an edited video showing House Speaker Nancy Pelosi repeatedly tearing up his State of the Union speech as he honored audience members and showed a military family reuniting....

FILE - In this May 3, 2019, file photo, protesters rally outside the armed forces headquarters to mark World Press Freedom Day which was declared by the UN General Assembly in Manila, Philippines. The Philippine government’s chief lawyer is asking the Supreme Court to shut down the country’s largest TV network by revoking its operating franchises because of alleged constitutional violations, in a move critics call an attempt to muzzle the media. (AP Photo/Bullit Marquez, File )

Philippine gov't asks court to shut down leading TV network

Feb. 10, 2020 5:56 AM EST

MANILA, Philippines (AP) — The Philippine government’s chief lawyer asked the Supreme Court on Monday to shut down the country’s largest TV network by revoking its operating franchises because of alleged constitutional violations, in a move critics called an attempt to muzzle the media....