• [0208olbermann2]

    Olbermann Lands at Current Media

    Following his split with MSNBC, Keith Olbermann will host a new prime-time news and commentary show on Current Media, a public-affairs channel co-founded by Al Gore.

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    Android Leads Handset-Sales Surge

    Global handset sales surged last year, led by smartphones based on Google's Android platform, research firm Gartner said.

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    [AOLHUFF]

    Advertisers Weigh AOL, Politics

    In the wake of AOL's deal to buy the Huffington Post, some Madison Ave. executives say that the site's liberal political bent could turn off some AOL advertisers. Others say it's clicks and audience that matter.

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    Magic Johnson, Yucaipa Invest in Vibe

    Magic Johnson Enterprises and Ron Burkle's Yucaipa have agreed to invest in Vibe Holdings, the parent company of Vibe magazine and the music-and-dance TV show "Soul Train."

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    [DISNEY]

    Disney Profit Jumps 54%

    Walt Disney's fiscal first-quarter earnings rose 54%, led by strong gains at its media networks, while its parks division benefited from higher attendance.

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    Big Studios Sue Hotfile

    The five major Hollywood studios filed suit against Hotfile, a website that streams movies and TV shows, accusing it of stealing copyrighted material "on a staggering scale."

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    CBS Revamps News Team

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    McClatchy Profit Sinks

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    Warner Music Loss Grows

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    Olbermann May Have Current TV Deal

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