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Former Viacom CEO confirms that he is teaming up with billionaire investor Carl Icahn to try to unseat the board of Time Warner at the company’s shareholder meeting in May.

Media giants back San Mateo, Calif., company that makes a device allowing people watch TV on their computers away from home.

ABC News is likely to use substitutes for Bob Woodruff.

Sen. Ted Stevens (R-Ark.), who oversees broadcast industry issues in the Senate, said the broadcast flag is necessary in order to prevent piracy of TV shows over the Internet.

Stocks finished narrowly mixed as investors made few moves ahead of the Federal Reserve’s decision on interest rates.

Former Viacom chief agrees to be CEO if Icahn is successful.

For a show that will be looking for a new timeslot next season, NBC’s Crossing Jordan isn’t making a very good case for itself.

There’s no word as to how long Woodruff will be absent from the nightly broadcast, and the network says it has not begun to even think of what decisions must be made.

The chances are seen as slim that the US Congress will pass legislation in 2006 to make it easier for companies like Verizon Communications to offer subscription television service, despite intense lobbying.

TNS: Spanish-language network TV sales will be up 10.4%; Univision has booked over $180 million in ad revenue and is still selling.

The board of directors of Meredith Corp. approved a 14% increase in the regular quarterly dividend on the company’s common stock. The quarterly dividend will increase $0.02 per share to […]

Meredith Corp.’s board of directors has elected Stephen M. Lacy as president and chief executive officer, effective July 1, 2006. Lacy, 51, currently president and chief operating officer, will succeed […]

TV winners include Merkerson, Sutherland, Oh, Hayes, Huffman

Candidates may spend more than $1 billion this year on TV spots, but it’s unlikely to do much for flagging TV station stocks.