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ADventures

Madison Avenue as we know it, is over. Traditional ad agencies and media outlets are being challenged by cord cutters and boutique social media firms hired by some of the world’s top brands and marketers. ADventures offers a glimpse into the new ecosystem of media and advertising and how trendy agencies, guerrilla marketing tactics and technology are creating new avenues.

Snap co-founders will not sell shares as stock slumps on earnings miss

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Snap Inc Chief Executive Officer Evan Spiegel said on Thursday neither he nor co-founder Bobby Murphy would sell shares of the Snapchat parent this year, but that failed to soothe investors after quarterly results fell short of analyst expectations. | Video

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China investigates top local social media sites in push to control content

BEIJING China is investigating its top social media sites, including WeChat and Weibo, for failing to comply with cyber laws, the latest step in the country's push to secure the internet and maintain strict Communist Party control over content. | Video

Sumner Redstone heir launches app for TV viewers hooked on social media

NEW YORK, August 11A grandson of media mogul Sumner Redstone is launching an app that he hopes will help television companies, like the ones his family controls, attract young television viewers who spend as much time texting and posting about shows as they do watching them.

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News Corp revenue misses on weak demand for print advertising

News Corp on Thursday reported fourth-quarter revenue that missed estimates as the owner of the Wall Street Journal grapples with a declining demand for advertising in the print industry.

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Snap's fade could make future IPOs vanish

DALLAS (Reuters Breakingviews) - Snap is haunting the market. The parent of the disappearing-message app reported its second consecutive quarter of disappointing results. Slowing user growth, more losses and fresh fallout from its lousy governance have erased a third of its market value. Others mulling going public may be scared off.

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Facebook makes new bid for TV viewers with expanded video

SAN FRANCISCO Facebook Inc on Wednesday made its biggest move to date to compete in the television market by expanding its video offerings with programming ranging from professional women's basketball to a safari show and a parenting program. | Video

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Twenty-First Century Fox revenue misses, profit tops estimates

Rupert Murdoch-controlled Twenty-First Century Fox Inc's quarterly profit edged past analysts' estimates, but revenue fell just short of expectations, hurt by the lack of box office hits from its movie studio.

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Washington Metro sued by diverse groups over issue-oriented ad ban

WASHINGTON The American Civil Liberties Union and groups across the political spectrum sued Washington's Metro transit system on Wednesday, saying its ban on issue-oriented ads violated U.S. constitutional guarantees of free speech.

SeaWorld Entertainment posts quarterly loss, shares tumble 8 percent

SeaWorld Entertainment Inc reported a quarterly net loss on Tuesday as declining attendance at its Orlando and San Diego parks squeezed revenue, and the company said it was boosting promotional spending to tackle "perception" issues.

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Time Inc misses revenue estimates, unveils new cost cuts

Magazine publisher Time Inc reported a lower-than-expected quarterly revenue on Tuesday and announced a fresh cost-cutting program.

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CBS expands streaming services as earnings beat expectations

CBS Corp is taking its streaming service abroad and launching an online sports service to appeal to the growing number of viewers who prefer to watch their favorite shows online, executives said on Monday.

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Vivendi denies it controls Telecom Italia under Italian law

PARIS French media giant Vivendi said on Monday it has no "de facto control" over Telecom Italia under Italian law.

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Bollywood lures Apple, Amazon and Netflix in Eros library sale

MUMBAI Indian movie production house Eros is in early talks with Apple, Amazon and Netflix to sell its film and music library, a source familiar with the matter said.

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CBS signs with AT&T; to stream networks on DirecTV Now

CBS Corp said on Monday it signed a deal for its shows to feature on AT&T; Inc's DirecTV Now online streaming service.

Fox News host Bolling suspended after sexting allegations

NEW YORK Fox News on Saturday suspended host Eric Bolling following a media report that he sent sexually inappropriate text messages to colleagues, marking the third high-profile harassment case to rock the conservative, highly rated cable news outlet.

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Google tests publishing tech similar to Snapchat: source

Alphabet Inc's Google is developing technology that media companies could use to create stories similar to those found on Snapchat's "Discover" platform, a person familiar with the plans said on Friday.

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Viacom's weak forecast shows need for merger: analysts

NEW YORK Viacom Inc could gain a leg up in negotiations with distributors and ward off declines in U.S. ad revenue and sales by finding a merger partner, analysts said on Friday.

U.S. judge dismisses lawsuit over Buffett's See's 'kosher' chocolate

A U.S. judge has dismissed a proposed class action lawsuit claiming that See's Candies, a unit of Warren Buffett's Berkshire Hathaway Inc, sold Valentine's Day chocolates that were mislabeled as kosher.

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Facebook offers tool to combat fake news in Kenya ahead of polls

NAIROBI Facebook rolled out a tool this week to help Kenyan users spot fake news ahead of a hotly-contested presidential election that has seen supporters of rival candidates trade bitter words online.

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No bad behavior please: Grammys cleans up act to meet China demands

BEIJING The Grammys is looking to break into China, but it will have to do so without the help of some of its top stars - Justin Bieber and Lady Gaga among others - after it pledged to bring only well-behaved artists to meet Chinese censors' demands. | Video

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Third Point takes 1.6 million share stake in BlackRock, 4.5 million in Alibaba

NEW YORK Dan Loeb's Third Point took a 1.6 million-share stake in BlackRock Inc and reinitiated a stake in Alibaba Group Holding of 4.5 million shares during the second quarter ended June 30, according to regulatory filings late on Friday.