Sony's fiscal first quarter profit nearly quadrupled from a year earlier, boosted by its lucrative image sensor and other businesses and highlighting a gradual recovery at the Japanese electronics and entertainment company. Sony Corp. reported Tuesday an 80.9 billion yen ($735 million) April-June profit, up dramatically from 21.2 billion yen...
Discovery Communications, which owns networks like the Discovery Channel, TLC, the Oprah Winfrey Network and Animal Planet, is planning to acquire Scripps Networks Interactive for nearly $12 billion. Scripps owns HGTV, the Food Network, the Cooking Channel and the Travel Channel, among other brands. When combined, the two companies command...
Apple is about to close a deal with director Steven Spielberg to revive his Emmy award-winning series Amazing Stories for Apple TV. With it, Apple is entering a world in which Netflix has been a leader. But now, new competitors to Netflix are emerging at a surprising speed. It was just 2013...