Media

Vivendi Loses $12 Billion

Troubled French media powerhouse Vivendi Universal on Wednesday reported a net loss of $12.1 billion for the first half of the year and announced plans to sell $9.8 billion in assets, including U.S. publisher Houghton Mifflin.

FCC Sets Deadline for Digital TV

Frustrated by the nation's slow transition to digital television, federal regulators voted 3-1 to require television manufacturers to include digital tuners in all new sets by July 2007.

Threat and Response

Newspaper writers discuss reaction to President Bush's promise to exercise caution in taking military action against Saddam Hussein.

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Background: Threat and Response

Terence Smith looks at the Bush administration's efforts to weigh its options on Iraq.

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Advertising Angst

Terence Smith reports on how the advertising crush is affecting the television and print media businesses.

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Israeli Cable to Drop CNN

Israeli cable television companies announced late Thursday they would stop carrying CNN news broadcasts in November, saying they could not afford it.

Justice Dept. Launches Inquiry Into AOL Time Warner

Officials at AOL Time Warner, Inc. confirmed Wednesday that the Justice Department has joined the Securities and Exchange Commission in launching an inquiry into the company's accounting practices.

DNA Tests Confirm Body Is Daniel Pearl’s

Pakistani officials confirmed Saturday that DNA tests showed a decapitated body found in a shallow grave in the southern port city of Karachi in May was that of Daniel Pearl, the murdered "Wall Street Journal" reporter.

Government Investigates AOL Time Warner Accounting

AOL Time Warner disclosed Wednesday that the Securities and Exchange Commission had launched an investigation into accounting practices at its America Online division.