Rock Band Falls Flat for Viacom, but Profits Soar

Viacom blames a revenue slide on a once hot videogame, but says movie hits, cable fees and cost-cutting have pushed up profits. Oddly, no mention of Snooki or The Situation.

Time Warner Dumping Its Magazines? Not So Fast.

Heavyweight media investor Gordy Crawford–who happens to own a big chunk of Time Warner–says the conglomerate plans to dump its magazine business. But I get the sense that Jeff Bewkes and company plan on keeping at least some of the unit’s iconic titles.
time titles

How to Make Money With Web Video: Books and DVDs

Eric Spiegelman has a Web video hit on his hands. “Old Jews Telling Jokes,” a series of short clips featuring exactly what the name suggests, is popular, viral, and cheap to make. But he still can’t cover his costs with Internet advertising. Enter the ancillary products, like a new book deal.
old jews telling jokes