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CNN has cancelled the political talk show “In The Arena” which was hosted by former New York Governor Eliot Spitzer, according to a report in the New York Times.

A sequel of Green lantern on the anvil for Warner Bros

Shares of Time Warner Cable Inc. (NYSE: TWC) touched a new 2-year high of $73.19 on Friday. The company said it has filed a request for declaratory judgment relating to Viacom Inc. (NYSE: VIA) cable networks.

Just after pulling a dozen stations from its iPad App, Time Warner Cable has decided to put some back.

Time Warner Cable has removed a dozen channels from its iPad app following an ongoing dispute with several media companies.

These are the list of games and their networks

Benchmark Capital upgraded Time Warner Inc. to buy from hold, saying that accelerating advertising recovery is likely to help sustain high-single digit growth in Networks revenues.

Stocks finished narrowly mixed in uneasy trading as the political crisis in Egypt seems to be worsening as fighting between forces supporting President Hosni Mubarak and those who oppose him intensify.

Although no logical correlation could be found between the two events, CBS shares fell nearly 3 percent after Charlie Sheen, the star of its most popular show, Two and a Half Men, was rushed to the hospital this morning.

An interesting tale of family disputes which are periodically settled by rough fights

US market regulator Security and Exchange Commission began examining disclosure rules for privately held companies and whether they need to be rewritten following the recent deals that allowed investors to buy shares in Internet companies like Facebook and Twitter.

Social networking site Facebook is now valued at $50 billion taking it ahead of companies eBay, Yahoo and Time Warner as it raised $500 million from Goldman Sachs and a Russian investor.

Time Warner Cable said it is working hard to reach a long-term agreement with Sinclair Broadcasting over carriage of its signals.

The new structure gives debt-holders a stake and JP Morgan arranges $500 million

While it may make some strategic sense for Yahoo and AOL to combine some of their operations, she sees little hope for the resulting merged entity to mount a challenge against the reigning monarch of the search-engine market, Google (NASDAQ: GOOG).

Jefferies & Co. downgraded rating of online DVD rental company Netflix, Inc. (NFLX) to 'hold' from 'buy' given the 270 percent run-up in the stock since January 2010, with a price target of $195.

U.S. media companies are set to report revenue increases of 5 to 15 percent as they issue earnings reports over the next two weeks -- the best the industry has looked in at least two years.

As Rupert Murdoch, Bob Iger and other media honchos assemble in Sun Valley this week for some fly-fishing or white water rafting, spirits should be brighter than a year ago: stock prices are up by about a third, after all.

Free video website Hulu is in talks with CBS Corp, Viacom Inc and Time Warner Inc to add their television shows to its planned paid subscription service, Bloomberg reported, citing people with direct knowledge of the discussions.

LOS ANGELES - The funk that has stricken U.S. video games is about to end -- and the timing is perfect, considering the industry begins showing off its wares Tuesday at the massive E3 Expo in Los Angeles.

News Corp's quarterly profit beat expectations thanks to the 3-D blockbuster Avatar and strong cable networks, but the media conglomerate's shares fell 4 percent after its outlook disappointed some investors.

Metro-Goldwyn-Mayer's steering committee will meet with creditors to present a stand-alone plan for the famed studio next week, sources familiar with the matter said.

Lions Gate Entertainment Corp's board of directors rejected Carl Icahn's hostile bid to buy the movie studio, calling the offer coercive and too low.

Billionaire investor Carl Icahn launched an offer on Friday to buy Lions Gate Entertainment Corp , a move that would hamper the studio's expected bid for storied rival Metro-Goldwyn-Mayer Inc .

Six companies are expected to make binding offers for storied Hollywood studio Metro-Goldwyn-Mayer by a newly set March 19 deadline.

A strong performance at its cable division and cost-cuts at its film studio propelled Walt Disney Co to better-than-expected earnings, but clouds remained over its theme parks.

AOL Inc said on Thursday another Google Inc executive will join its management ranks next month as the newly independent company seeks to become the leading content company for the Web.

Even the most creative media executives would have been hard pressed a year ago to conjure up a world of solid profits, soaring stock prices and cash stockpiles big enough to support higher dividend payouts.

AOL Inc beat Wall Street's profit and revenue expectations for the fourth quarter, but its top officers said that revenue from subscriptions and online search-related advertising would fall further in coming months.