Mobile Media
RESULTS: French media company Vivendi SA said second-quarter profit fell 3.5 percent due to fewer music releases from artists like Eminem and Lady Gaga.
PARIS - French media company Vivendi SA said Wednesday that net income fell 3.5 percent in the second quarter due to fewer music releases from artists like Eminem and Lady Gaga, but it raised its full-year outlook as it expects strong results from video games and mobile services in emerging markets.
SAN FRANCISCO - USA Today, the nation's second largest newspaper, is making the most dramatic overhaul of its staff in its 28-year history as it de-emphasizes its print edition and ramps up its effort to reach more readers and advertisers on mobile devices.
THE PROPOSAL: A proposed settlement to a long-running dispute between radio broadcasters and the recording industry over music royalties could include a federal mandate that all new cell phones have an FM radio chip.
BOSTON - American Tower Corp. said Wednesday that fourth-quarter profit fell by 25 percent as higher costs erased a revenue increase.
