Viacom will buy a 76% stake in German MTV rival Viva Media from a group including Time Warner (which owns 31%) and Universal Music (15%). Merrill Lynch said the $400mln transaction "makes sense for all involved."

The Daily


FCC Happenings

The FCC gave the official OK to RSM US LLP as the C-band relocation coordinator. In July, eligible space stations operators selected RSM to serve as the coordinator, which is responsible for

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