ABC

Market Minute: Disney's Stock Shines Even as Earnings Decline

Disney won over more fans on Wall Street with its latest quarterly performance, despite a slight drop in its earnings. Disney digested higher programming costs at its ESPN television network and dealt with a less appealing line-up of home video releases in its movie studio.

Disney to Pay $319 Million After Losing 'Millionaire' Appeal

A federal appeals court has upheld a $319 million verdict over profits from the game show "Who Wants to Be a Millionaire" and rejected Disney's request for a new trial. A jury decided in 2010 that Disney hid the show's profits from its creators, London-based Celador International.

This Year's Oscar Nominees Are Hits With the Public, Too

Usually, the Oscars highlight the chasm between Hollywood's elite and average Americans. But, says one movie critic: "This is one of the rare years when critics and paying audiences backed the nominees." Also notable in 2011 is a youth movement in the nominees -- and the show's hosts.

Still in Top Form, Regis Philbin Calls It a Career

Regis Philbin, 79, America's favorite crotchety uncle, will retire from his weekly televised talk show, Live With Regis and Kelly, later this year, ending a remarkable decades-long run in America's living rooms.

Disney and Yahoo Eye an Internet TV Deal

Disney is considering lending some of the keys to its television kingdom to Yahoo for its Yahoo Connected TV. If Yahoo is successful in inking such a deal, it would bolster its Internet TV efforts and put on better footing to compete against rival products such as Google TV and Apple TV.

Family-Friendly TV Advertisers Get PTC's 'Green Light'

A conservative TV watchdog group wants consumers to consider patronizing companies that advertise on family-friendly television shows this shopping season, rather than those that buy commercials on racier programs, but price is still likely to be the biggest influence on holiday shoppers.

Emmy Awards Win with Jimmy Fallon

The Primetime Emmy Awards Show continues to rebound with host Jimmy Fallon. The bold and new, like Glee, were rewarded, while former favorites, like Lost, were forgotten.

An Emmy Win: It's More Than Just a Golden Statue

Prestige means a lot in Hollywood. TV companies use a show's Emmy Award to help sell commercial time, and advertisers enjoy the bragging rights of being associated with hot shows. Sometimes, an Emmy can even help a show avoid the ax.

Defamation Ruling Gives Shirley Sherrod a Legal Leg to Stand On

A federal appeals court ruling has allowed a defamation case against TV news debunker Scott Stossel to go ahead, and it should also give hope to Shirley Sherrod, the Agriculture Department employee fired earlier this summer after an edited clip appeared to show her confessing to racist acts.

News Corp.'s
$1 Million to the GOP: No Big Deal

It looks terrible when company that owns some of the nation's biggest news outlets drops a wad of cash in the lap of one political party. But when you get down to it, there's no reason News Corp.'s donation to the Republican Governors Association is any worse than what happens every day.

Appeals Court Scraps FCC's TV Indecency Rules

In a major victory for TV networks, a federal appeals court struck down the Federal Communications Commission's indecency policy on Tuesday, calling it "unconstitutionally vague." The court also found the FCC rules posed a risk to freedom of speech.

Legal Briefing: Bid-Rigging Convictions Overturned

Two Marsh & McLellan executives who were convicted in an insurance industry bid-rigging case saw their convictions overturned Wednesday because the New York Attorney General's office failed to turn over 700,000 documents, including exculpatory and impeaching evidence.

Rising World Cup Ratings: Soccer Fever Hits America

More Americans are cramming into bars to watch the World Cup soccer tournament. ESPN and ABC say that the number of viewers for the first five games are double what they were in 2006. All this could be a sign that America is finally taking to a sport long played mostly by our youth.

Did ABC Sell Out 'Modern Family' for iPad App?

ABC's Modern Family drew the ire of critics and fans when it jumped on the iPad bandwagon with an episode featuring character Phil Dunphy desperately trying to get his hands on one of the tablets. The funny thing is Apple didn't pay a thing for the product placement.

Oscar Nominees: A Bigger List, with More Surprises

With the announcement of this year's Oscar nominees, the Academy of Motion Picture Arts and Sciences seems to have accomplished just want it wanted to by expanding its Best Picture category to 10 nominees from five: creating space for deserving movies that would have been ignored in the past.