MGM bankruptcy: Privately held production company Spyglass Entertainment, a co-financier of such recent films as "Star Trek" and "G.I. Joe: Rise of Cobra," will contribute some assets and merge two subsidiaries into MGM for a 4.69 percent stake in the company, according to the plan.
American politics have been the subject of satire since before the country's founding – a political cartoon depicting a snake cut into eight parts, representing eight American colonial governments, ran in Benjamin Franklin's newspaper in 1754. These days the US benefits from a healthy dose of humorous political commentary, but when the jokers run for political office (jokingly of course, right?) some funny things can happen. Here are five memorable ones.
When life seems a little scattered, it's important to focus on priorities.
Jeff Zucker, chief executive of NBC Universal, and Jon Klein, CNN president, were shown the door Friday, in a day of upheaval in the TV industry. Prime-time viewers have slipped at each firm.
Kelsey Grammer is the front man in the RightNetwork, a new politically conservative TV network. First programs include 'Right2Laugh,' featuring stand up comedians, and 'Running' about Tea Party-backed candidates running for office. See the Kelsey Grammer pitch video below.
Net neutrality rules are intended to ensure that phone and cable TV companies cannot discriminate against Internet traffic traveling over their broadband lines.
Broadband regulation: FCC moves forward Thursday with the process of exploring new rules to help oversee high-speed Internet.
Sony's remake of 1984's 'The Karate Kid' debuted at No. 1 for the weekend with a whopping $56 million. Liam Neeson and 'The A-Team' couldn't compete.