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Andrew Wallenstein

Yahoo! Streamlines Entertainment Division

LOS ANGELES Yahoo! is consolidating its entertainment division, the company said Thursday.No layoffs are expected as part of the streamlining, which comes as the struggling Web giant is in the…

Ads Tally in 'South Park' Deal

LOS ANGELES An animated series is redrawing the lines of television mega-deals.The eye-popping $75 million pact unveiled Monday by Comedy Central and the creators of South Park may be the…

Yahoo! Teams Up With Rocket Science

LOS ANGELES Yahoo! is looking to launch new programming with Rocket Science Laboratories.The Web behemoth has signed the production company to a nonexclusive first-look deal. Rocket Science, best known for…

Author Cuts Deal With MSNBC.com

NEW YORK New York Times columnist Thomas L. Friedman is expanding his "World" with MSNBC.com.His best-selling book The World Is Flat: A Brief History of the Twenty-first Century will provide…

HBO's CEO Steps Down

LOS ANGELES Chris Albrecht is stepping down as chairman and CEO of HBO, parent company Time Warner said, in the wake of the highly publicized arrest that has ended his…

Murdoch Eyes Photobucket

LOS ANGELES News Corp. is close to finalizing its next acquisition, but it isn't Dow Jones & Co.Rupert Murdoch would pony up as much as $300 million to buy the…

Comcast Adds Fandango

LOS ANGELES Comcast has acquired online movie ticket destination Fandango.Fandango will be an integral piece of a new site Comcast is launching in the summer, Fancast, which is designed to…

NBCU Digital Preps 'Breakers'

LOS ANGELES NBC Universal Digital Studios is testing a broadband video show that breaks with traditional brand integration—literally.The peacock's online production arm has closed an exclusive deal with popular viral-video…

Rough Start for Bud.TV

LOS ANGELES Bud.TV may be leaving a sour aftertaste for Anheuser-Busch.The branded digital entertainment network has seen the fizz from its Super Bowl kickoff evaporate quickly. It averaged just 253,000…

Yahoo! Preps Musical Newscast

LOS ANGELES Yahoo! is hoping a quirky take on the news will strike a chord as its next original programming effort.The Web giant confirmed that it would launch a new…

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