broadcasting

ESPN's Big Baseball Deal Will Be a Foul Ball for Your Cable Bill

Disney's eight-year deal with Major League Baseball means ESPN will shell out $5.6 billion for expanded baseball coverage. And whether you're a fan of the national pastime or not, you already pay more than $5 a month for ESPN. Which way do you think that price tag will be headed now?

Can Al Jazeera Capitalize on Its Newfound Popularity?

The Qatar-based network is getting international kudos for its coverage of the growing Middle East crisis. But acclaim and a growing audience don't yet equal profits and market share for Al Jazeera, which has almost certainly been losing money since its launch in 1996.

U.K. Media Ask Government to Examine Murdoch's Bid for BSkyB

British newspapers and the BBC wrote a letter to the UK government asking it to examine Rupert Murdoch's bid to take over British Sky Broadcasting Group, saying the deal could harm the public interest. The owners of newspapers including The Daily Telegraph and The Guardian, along with the director general of the BBC, wrote a letter saying that the deal would expand News Corp.%u2019s (NWS) control of the UK media. Murdoch controls News Corp.

Political Ad Spending Will Fatten Broadcasters This Year

TV station political revenues may hit $2.5 billion in 2010, a 25% increase above 2006, SNL Kagan says. Among the biggest beneficiaries: conservative broadcaster Sinclair, which has the largest footprint of all independent station owners in areas with contested elections.

CNN Drops AP: Old Media Models Vs. New Journalism

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