Warner Bros. finally had enough of Sheen's antics. The producers figured that the show's star -- who was reportedly paid nearly $2 million an episode --- was no longer worth the considerable trouble he created. Still, the move is a financial risk.
CNN is sick of being the punching bag of the cable news world. Explaining why the network replaced the head of CNN U.S., CNN Worldwide President Jim Walton cited what he described as unfair press coverage focusing on CNN's declining ratings, while ignoring its growing profitability.
CNN president Jonathan Klein has been hard at work this year remaking the network's primetime lineup, its most important programming block. But whether or not his effort proves successful, he won't be around to find out.
Magazine publishers are at great pains these days to please Apple, whose fast-selling tablet computer, the iPad, just may be the key to their future survival. But following all the persnickety dictates handed down by Steve Jobs isn't always easy, as Sports Illustrated recently realized.
Unintentional hilarity is usually not a good thing in a corporate earnings call, but when your results are as strong as those reported Wednesday by Time Warner, you can afford to have a sense of humor.
Larry King made the announcement on Twitter that he would be ending his Larry King Live interview show this fall, after 25 years on the air -- and less than 25 minutes later, it was already the punchline of Twitter jokesters.