By By The Associated Press
THE DEAL: The parent company of the Discovery Channel is buying 12 TV networks in Norway, Sweden, Denmark and Finland in a deal worth about $1.7 billion. The acquisition also includes SBS Nordic's 19 radio stations and other assets.
WHY?: Discovery Communications
SILVER SPRING, Md. (AP) - The parent company of the Discovery Channel said Friday that it is buying 12 TV networks in Norway, Sweden, Denmark and Finland in a deal worth about $1.7 billion.
Discovery Communications Inc. said the deal with German TV company ProSiebenSat.1 Group for its SBS Nordic
By By MAE ANDERSON and BREE FOWLERAP Business Writers
NEW YORK (AP) - Avon Products plans to cut about 1,500 jobs and exit two Asian markets, as the struggling beauty products seller starts on a broad restructuring plan in an effort to turn around results.
The job cuts amount to almost 4
By DERRIK J. LANGAP Entertainment Writer
LOS ANGELES (AP) - A judge revoked Lindsay Lohan's probation on Wednesday and scheduled a hearing that could result in more jail time for the closely watched "Liz and Dick" star.
The ruling in Los Angeles came as the 26-year-old actress - who did not
By By SCOTT MAYEROWITZAP Airlines Writer
NEW YORK (AP) - Airlines have found a way to take the edge off the stress of flying and make a few extra bucks along the way: fancy new cocktails, craft beers and elegant wines.
The drinks advertised in the back of in-flight magazines - or on sleek seatback
By By WAYNE PARRYAssociated Press
ATLANTIC CITY, N.J. (AP) - Superstorm Sandy came ashore near Atlantic City in October, but in November the storm led to the biggest monthly drop in casino revenue in the city's 34-year history of legalized gambling.
Closures due to the storm sent Atlantic
By By DAVID GERMAINAP Movie Writer
LOS ANGELES (AP) - James Bond is in a box-office photo finish with Santa Claus and the Easter Bunny over what looks to be the last slow weekend of the holidays.
According to studio estimates Sunday, Sony's Bond tale "Skyfall" took in $11 million to move
By By STACY A. ANDERSONAssociated Press
WASHINGTON (AP) - A holiday concert attended Sunday by President Barack Obama and his family included some non-traditional entertainment this year: a performance by South Korean rapper and Internet sensation PSY.
PSY- wearing an all-red outfit including a
By By RYAN NAKASHIMAAssociated Press
LOS ANGELES (AP) - One thought struck me as I watched the new "Hobbit" movie in the latest super-clear format: "The rain looks fake. It's not hitting their faces!"
That is just one consequence of filmmaker Peter Jackson's decision to shoot his epic,
By By DERRIK J. LANGAP Entertainment Writer
BEVERLY HILLS, Calif. (AP) - Fans clamoring for the video game "BioShock Infinite," the highly anticipated spiritual successor to the legendary "BioShock," will have to wait a bit longer, but it should be worth the wait.
At a dazzling media preview of