Reuters - Netflix Inc, the DVD-by-mail rental service, on Tuesday took another step toward delivering films straight from the Web to TV sets through a new device, boosting its stock as much as 10.9 percent.

Reuters - Diana Ross' second solo album, "Everything Is Everything," will come out on CD for the first time on June 17 with a selection of bonus tracks, including a previously unreleased cover of the Beatles' "Something."

Reuters - News Corp's Rupert Murdoch appointed Robert Thomson as the top editor of The Wall Street Journal, the company said on Tuesday, succeeding Marcus Brauchli, who resigned under pressure last month.

Reuters - CBS Corp on Wednesday announced the launch of an online ad network focused on college sports, in a move to entice media buyers to spend more money with the television broadcaster by offering them a way to more effectively target young, male fans.

Reuters - Time Warner Inc will completely split with Time Warner Cable Inc by the end of the year, and receive a $9.25 billion payout, to separate its media content and distribution businesses.

Reuters - An entertainment joint venture formed by Viacom Inc, its Paramount Pictures unit, and film studios Metro-Goldwyn-Mayer Studios Inc and Lions Gate Entertainment Corp said on Monday that it hired former Showtime cable executive Mark Greenberg as its chief executive.