In the wake of disappointing results, Viacom?s chief executive says that the advertising market is stabilizing.

Falling ad and entertainment revenue hurt the media conglomerate, which reported quarterly earnings of $177 million.

Hasbro and Discovery Communications announced a joint venture that will create a reformatted cable channel with programs based on G.I. Joe, My Little Pony and other toy brands.

Every potentially newsworthy idea needs to be tested before too much of your time and resources are put into the project. You’ll often find they aren’t as great as you thought. …

Christine A. Aguilera of SkyMall says buyers are looking for laughs.Amid a recession, the SkyMall catalogue still satisfies kitschy needs, and practical ones.

The company reported a loss of $28.4 million as revenue fell 22 percent in its media and advertising unit, which includes the search engine Ask.com.

Media buyers and other executives say a channel?s news and information ticker can keep viewers tuned in and watching commercials.

Such a move would untangle what many consider one of the worst mergers in American corporate history.

Clear Channel, the radio station operator that was taken private last year, is facing mounting debt payments as media companies face a steep drop in advertising.

T. J. Stiles?s whacking new biography of Cornelius Vanderbilt moves with force and conviction and imperious wit through the noisy life and times of the man who inspired the term ?robber baron.?