Shayla Harris/The New York Times Robert W. Pittman has jumped across the media spectrum throughout his career, with positions at MTV, AOL and DailyCandy, the Internet newsletter company. Now, he is preparing to head back to the industry where he got his start: radio. Clear Channel Communications is expected on Monday to name Mr. Pittman, [...]
Allianz is about to join the list of suitors for the Channel tunnel rail link with a £2 billion ($3.1 billion) bid for the railroad put up for sale by Britain’s coalition government, The Sunday Times reported. The German insurer is preparing a bid for the rail link and has hired Bank of America Merrill [...]
Sarah Palin, speaking about the plane crash in which former Sen. Ted Stevens was killed, called Stevens “an Alaskan hero.” Speaking on Fox News Channel while Stevens’ fate was not yet known — there has been no official word about his condition — Palin added: “The rescue efforts are extremely challenging, very, very difficult. You [...]
Richard Desmond, the British newspaper baron, has shaken hands early Friday morning on a £100 million ($154 million) deal to buy struggling U.K. national broadcaster, Channel Five, from owner RTL, The Guardian reported. The deal still has to be formally accepted by the board of RTL’s parent company, Bertelsmann. However, The Guardian said the deal [...]
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