Time seeks closure on the worst deal in history

The media group is desperate to consign its disastrous merger with AOL to history – a boost in profits in its first results since the split suggests it has

AOL's UK boss stands down as thousands of jobs are lost

The head of the internet giant AOL UK is leaving the company at the end of the month as it prepares to "significantly" reduce its British workforce and close offices throughout Europe.

Ex-Time Warner boss apologises for 'worst deal of the century'

Jerry Levin encourages banking chiefs to follow his lead after admitting AOL blunder

Cable wars heat up as Fox and Time Warner fight over fees

Viewers are set to be the end-payers in Rupert Murdoch's latest drive to ensure media content brings in revenue, reports Stephen Foley

AOL unveils rebranding drive

What do goldfish, four abstract scrawls and an obscene hand gesture have in common? They are all variations of the internet company AOL's new corporate logo as it prepares to split from Time Warner.

Time Warner set to spin off AOL

Time Warner said that it will spin off its internet business, AOL, as a separate company on 9 December.

Hollywood's most glamorous studio prepares to sell up

The home of Tom and Jerry, James Bond and classic musicals is laden with nearly $4bn debt

YouTube in movie rental negotiations

YouTube, Google's online video streaming service, is in talks with Hollywood studios to rent new release movies online, according to people familiar with the talks.

Murdoch wields axe at Star's Hong Kong HQ

Star TV, the Asian broadcaster owned by Rupert Murdoch, has begun slashing staff numbers at its Hong Kong headquarters, reflecting how the media mogul's ambitions in China have been eclipsed by the business opportunities in emerging rival India.

Pandora: Tolkien family feud heads for the courts

For all the success that the Lord Of The Rings trilogy enjoyed on the big screen, the ongoing bad blood between film executives and the family of JRR Tolkien, who wrote the books, has proved an unfortunate sub-plot.

Litigation may threaten Hobbit films

New Zealand film-maker Peter Jackson may have more in common with JRR Tolkien's heirs than he thought - they are also complaining about big studio accounting methods.

The Couch Surfer: 'Together, TMZ and Perez Hilton are a microcosm of the modern media'

Tim Walker: Perez made his name by being vile about celebrities, but he seems finally to have gone too far

Time Warner to offload troubled AOL internet unit after nine years

The mega-merger between Time Warner and AOL, which defined the dot.com euphoria at the opening of the decade, will be unwound by the decade's close at the end of this year, the company decided yesterday.

Movie horror stories as studios struggle to raise finance

Film studios are cutting staff and taking fewer risks with releases as recession bites, says Nick Clark reports

Time Warner to plunge to its first loss in six years

Time Warner, the media giant whose businesses include Time magazine, CNN, AOL, HBO and the Warner Bros film studio, will plunge to its first annual loss in six years, it warned yesterday.

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