Cutting prices can send a powerful message. But it also can backfire.
Outfitter is launching 77Entertainment, a multi-channel venture featuring original and user-generated content.
Time Inc. reverses decision to close monthly to 'explore other options.'
With the 2008 presidential election heating up, the Internet is replacing TV as the "dominant media force in political campaigning."
Discovery Communications has scooped up a companion Web site to its upcoming Planet Green cable network, agreeing to buy Treehugger.com for about $10 million.
