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...news channel, but there are signs it's plateauing. Its ratings started to lag in 2006, and in February, CNN's prime time (boosted by several presidential debates) beat Fox among 25-to-54-year-olds for the first time since 2001. (CNN and TIME are owned by Time Warner.) Maybe even more galling, the network has lately faded in the ephemeral category of buzz. MSNBC--with far fewer viewers--has been the political-media obsession of the 2008 primary, largely because of feuds between the Clinton campaign and the network for its perceived pro-Obama bias...

Author: /time Magazine | Title: Fox on the Run | 3/27/2008 | See Source »

...largest record company, saw its revenues dip slightly last year. Low margins at Sony BMG, the industry's No. 2, have left its own music business ripe for a private-equity buyout this year, says Gerd Leonhard, a music-industry consultant in Switzerland. And shares at No. 3 Warner Music have been in freefall for months; a $16 million first-quarter loss was announced in February...

Author: /time Magazine | Title: The Music Industry: Lost in the Shuffle | 3/19/2008 | See Source »

...having more trouble than ever controlling their artists. Prince cut out Sony BMG last July to give away his latest CD through a U.K. newspaper, cannily betting that he'd make up for this lost income by boosting sales of highly lucrative concert tickets. And in October Madonna abandoned Warner Music to throw in her lot with Live Nation, a California-based concert promoter. "The record-label system is built on 100% control," says Leonhard, and major labels "have lost that...

Author: /time Magazine | Title: The Music Industry: Lost in the Shuffle | 3/19/2008 | See Source »

...selling tracks in the U.S. in a format compatible with most digital music players. Its catalogue of 3 million songs - culled from all four majors - will be available outside the U.S. later this year; European music fans unable to wait can from this month download such unrestricted tracks by Warner Music and EMI artists from 7digital, a U.K. music site...

Author: /time Magazine | Title: The Music Industry: Lost in the Shuffle | 3/19/2008 | See Source »

...mobile phones didn't deliver the promised goodies-enabled technologies on schedule, and consumers refused to align their media purchases for Vivendi's benefit. Those are two reasons that Messier's successors at Vivendi have sold off many of its media units, while other convergence players, like Time Warner (owner of TIME), are considering disaggregation. "The emphasis now is being the best in the media activities you're focused on, not having all aspects of the sector covered," says a Vivendi official who asks not to be identified. Indeed, though Vivendi recently reacquired control of French telecom Cegetel, which...

Author: /time Magazine | Title: Re-Visionary | 3/13/2008 | See Source »

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