Media

Air America Radio, a radio network that was launched in 2004 as a liberal alternative to Rush Limbaugh and other conservative commentators, on Thursday shut down abruptly due to financial woes.

Media giant News Corp. struck a new deal that will keep its Fox-owned television stations -- including KTTV Channel 11 and KCOP Channel 13 in Los Angeles -- and several of its cable networks on Time Warner Cable systems.

Over more than a decade, consumers became accustomed to the sweet, steady flow of free news, pictures, videos and music on the Internet. Paying was for suckers and old fogeys. Content, like wild horses, wanted to be free.

Two potential buyers of The Boston Globe visited the newspaper in the past five days - one a group headed by Stephen Taylor, whose family used to own the paper, and the second, Platinum Equity of Beverly Hills, Calif., a private equity investment ...

The country's two biggest entertainment groups have found community radio an effective media tool to promote their music to new audiences at a time when their budgets are tight.

Hundreds of RTHK staff took to the street yesterday to vent their frustration at the government's foot-dragging on the future of the station.

Los Angeles-based themed architecture designer, Creative Kingdom, has unveiled plans for a $650m movie studio and residential development, CNXMovie World Studios, in Chiang Mai province in northern Thailand.

Online video site Joost is shopping itself around to different cable TV operators.

Radio Television Hong Kong will spend $213.5 million in 2009-10 on standard definition (SD) and high definition (HD) programme productions, Director of Broadcasting Franklin Wong says.

The Broadcasting Authority has approved the proposed change in the shareholding and ownership structure of Asia Television Limited arising from the introduction of a new shareholder.