Reuters - The 2008 presidential race, which has already drawn a record number of dollars and voters, is poised to shatter another record: the amount of money spent on television advertisements.

Reuters - Spanish-language broadcaster Telemundo is partnering with Ford for the launch of a 22-episode miniseries that will air after the 11 p.m. local news on stations in New York, Los Angeles and Miami beginning next Monday.

AP - The contract between movie and TV actors and major Hollywood studios expired early Tuesday after the studios made a final offer and the Screen Actors Guild said it would take more than a day to study it.

Reuters - Hollywood actors and studios held a final day of labor talks on Monday before their contract was due to expire, but the midnight deadline was expected to pass with neither a settlement nor a strike.

Reuters - It was a tough first half for big media and entertainment stocks as economic sluggishness, company-specific concerns and broader market declines -- particularly pronounced in June -- dragged down shares of all sector giants.

Reuters - Hours before their contract with film and TV performers was due to expire, Hollywood studios on Monday capped weeks of stalemated labor talks by presenting the Screen Actors Guild a "final offer."

Reuters - One critically applauded, audience-friendly hit movie might be the result of serendipity -- all the elements just somehow falling perfectly into place. Two or three more might represent an extraordinary streak of luck.