broadcasting and cable

CNN has cut ties with the Associated Press, a wire service that has been a backbone of American news media for more than a century. The move exemplifies how the news industry and its traditional business models are changing in the ever-accelerating information age.

Reed Business Information's attempts to sell off its magazine division have been repeatedly bungled for two years. Now, unable to find a buyer ready to acquire its 50-plus titles as a package deal, RBI will sell some individually, and others will be shut down.