Liberty Media president and CEO Greg Maffei heaped praise on satcaster DirecTV for its strong first-quarter results as management of Liberty's Starz unit said Thursday that it won't underestimate a possible challenge from a premium pay TV joint venture by

First-quarter ad revenue for Mediaset's Telecinco unit were flat compared with the year-ago period, and profits inched 2.1% higher even though programming was altered by domestic elections and the Easter holiday, which fell in the first quarter this year.

Cablevision Systems will spend $350 million on building a wireless broadband network, management said Thursday, a day after other cable companies unveiled a wireless venture with Sprint and Clearwire.

Legislation that would create "a copyright czar" in the White House and streamline law enforcement efforts to catch intellectual property pirates won approval by the full House on Thursday.

Warner Music Group said Thursday that it is discontinuing dividend payments to conserve cash and lower debt amid a sluggish global economy, deteriorated credit markets and continuing music market turmoil.

Live Nation, which handled more than 4,400 music events in the first quarter, reported Thursday a narrowed loss on higher revenue.

A snowy winter helped Canadian exhibition giant Cineplex Galaxy Income Fund cut its first-quarter loss on stronger Hollywood releases.

Recession fears and a ratings hangover from the WGA strike are throwing uncertainty into this year's upfront marketplace.

Lou Festa has jointed City Lights Media Group as CFO, reporting to CEO Danny Fisher and overseeing the company's business and finance operations for its growing slate of TV and indie film projects.

The DGA's Jon Larson has been promoted to the newly created position of associate western executive director for the guild, overseeing thousands of assistant director and unit production manager members and acting as a staff liaison to the AD/UPM councils.

MTV Networks brought out Stephen Colbert and Jon Stewart at its upfront to drive home the message that it is building partnerships with Madison Avenue.

Marred in double-digit ratings declines, the broadcast networks probably can't wait for the strike-impacted 2007-08 season to be over.

The first full day of talks between AFTRA and the Alliance of Motion Picture & Television Producers wrapped up Thursday with no reports from either side due to a press blackout.

Arclight Films International has acquired Conquistador Worldwide Media. Terms of the transaction were not disclosed.

Digital cinema integrator Access Integrated Technologies has formalized a virtual print fee deal with Lionsgate.

Time is running out for people to buy stamps before the price goes up on Monday. As CBS 2's Susan Carlson reports, buying them now will actually save you money later.

It might not be what the president was hoping for, but the same week that the Chicago City Treasurer urged residents not to go on a spending spree with their economic stimulus checks, the state's treasurer is advising parents to

Major U.S. airlines have again raised ticket prices -- this time by $20 roundtrip -- due to higher fuel costs.

It now appears the only way there will be a new farm bill this year is if Congress overrides a presidential veto.

Target says April sales at stores open atleast a year rose 3.1 percent, which was below what the retailerhad been expecting.