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According to Bloomberg, Apple is gearing up for a media event on Sept. 7 at which Apple is rumored to announce 99-cent TV show rentals from major networks, a price drop of $2 compared to the current cost of purchasing a TV episode. This is a departure from past attempts at offering a TV show...

A federal court ruled to allow a defamation case against news man John Stossel to move forward. The case neatly parallels the tribulations endured by Department of Agriculture employee Shirley Sherrod earlier this summer and could provide a strong foundation for her to pursue a defamation suit of her own against blogger Andrew Breitbart.

It's unseemly when one of the nation's biggest news outlets drops a wad of cash on one political party. But when you get down to it, News Corp.'s donation to the Republican Governors Association is no worse than business as usual.

ABC's fan-favorite show Shark Tank has been renewed. We're already big fans of the nail-biter here at WalletPop, since we've been bringing the world the program's only post-show interview series, AfterShark, in which we talk game with all the players. But for the second season, there will be a...

CBS is replacing the canceled "As the World Turns" soap with a new daytime talk show co-hosted by Julie Chen, Sara Gilbert, Sharon Osbourne, Holly Robinson Peete, Leah Remini, and Marissa Jaret Winokur. The format will resemble ABC's The View, with the co-hosts discussing various current events...

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

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.

More Americans are watching the World Cup soccer tournament. ESPN and ABC say that the number of viewers so far 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 kids.

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

The Academy of Motion Picture Arts and Sciences has accomplished just want it wanted to by expanding its Best Picture category to 10 nominees: creating space for deserving movies that would have been ignored in the past.