mae anderson

ATLANTA | Some advertisers leave Carlson show after immigrant comments

ATLANTA — Some advertisers say they are leaving conservative host Tucker Carlson‘s show following his remarks referring to immigrants as “the world’s poor.” It’s the latest example of sponsors leaving a Fox News Channel show after controversy, but experts say the flap is likely to blow over. So far, the biggest advertisers are sticking with … Continue reading ATLANTA | Some advertisers leave Carlson show after immigrant comments

Silicon Valley East: Google plans $1B expansion in New York

Silicon Valley is becoming Silicon Nation. Google is planning a major expansion in New York City, announcing Monday it will spend more than $1 billion on a new office complex that will allow the internet search giant to double the number of people it employs there. The move follows similar steps by Amazon and Apple … Continue reading Silicon Valley East: Google plans $1B expansion in New York

Verizon loses bet on digital ads, takes $4.6B accounting hit

Verizon‘s big bet on digital advertising isn’t panning out. The wireless company spent more than $4 billion to buy AOL and nearly $5 billion to buy Yahoo as part of an effort to compete with Facebook and Google in a growing market for digital advertising. Now, Verizon is slicing the value of those two businesses … Continue reading Verizon loses bet on digital ads, takes $4.6B accounting hit

NEW YORK | With new board in place, CBS to decide Moonves’ exit pay

NEW YORK — The newly elected CBS board faces daunting tasks: deciding whether former CEO Les Moonves gets a $120 million exit package following a sexual-misconduct investigation and charting a path for CBS to recover after the scandal. CBS shareholders ratified the 11 board members, including six new ones, at an annual meeting Tuesday. The … Continue reading NEW YORK | With new board in place, CBS to decide Moonves’ exit pay

NEW YORK | Moonves scandal looms over CBS shareholder meeting

NEW YORK— With a $120 million severance package on the line, an investigation into sexual-misconduct claims against former CBS CEO Les Moonves will loom over the network’s annual shareholders meeting on Tuesday. But CBS officials are unlikely to say more beyond seeking to reassure shareholders that the board is “on top of that, don’t worry, … Continue reading NEW YORK | Moonves scandal looms over CBS shareholder meeting

NEW YORK | Former CBS chief Moonves accused of more sexual misconduct

NEW YORK— An internal investigation of former CBS chief Les Moonves has turned up more evidence of sexual misconduct, as well as lying and destruction of evidence, throwing into jeopardy his $120 million severance package, The New York Times reported Wednesday. A look at what’s known about the scandal so far: THE LATEST Lawyers hired … Continue reading NEW YORK | Former CBS chief Moonves accused of more sexual misconduct

NEW YORK | Disney results jump on strong movie slate

NEW YORK — Walt Disney Co.’s earnings for the latest quarter sailed passed expectations, boosted by a strong slate of movies such as “Incredibles 2” as the company moves toward closing its $71.3 billion deal to buy 21st Century Fox’s entertainment assets. Disney and other media companies are facing a shifting landscape as more TV … Continue reading NEW YORK | Disney results jump on strong movie slate

NEW YORK | Risk of streaming fatigue as Walmart, AT&T, Disney join fray

NEW YORK— As Walmart, AT&T and Disney join stalwarts such as Netflix in streaming video and creating original shows, a reality sets in: Not all will survive. Over the past week, Walmart announced plans to partner with MGM Studios on original shows for Walmart’s video-on-demand service, Vudu, while AT&T’s WarnerMedia said it would create its … Continue reading NEW YORK | Risk of streaming fatigue as Walmart, AT&T, Disney join fray