Three decades after the Supreme Court ruled that the First
Amendment does not ban the federal government from regulating on-air speech,
the justices
allowed
the Federal Communications Commission to defend its decision to fine networks
for curse words. A federal appeals court
ruled
last year against the FCC's attempt to institute stricter policies. The major
networks have
said
there are safeguards in place to prevent the planned use of indecent speech, especially
when children are awake. But are the justices
aware
of DVRs, or even VCRs?
In focus: Moves of
the newspaper titans
The New York Times Co. reached
an agreement with Harbinger Capital Partners and Firebrand Partners to allow two
outside board members for the first time since the company went public more
than 40 years ago. Meanwhile, owner Sam Zell told
Baltimore Sun staffers that Tribune
Co. may reevaluate its decision to keep all of its media properties. Craig
Dubow, Gannett president and CEO, received a
36% raise while his company's stock value plummeted.
Also:
Let the “termination” jokes begin. Maria Shriver was paid
an annual sum of between $100,000 and $1 million for the past three years as
part of her exit agreement with NBC.
Sports fans, rejoice. Sports
Illustrated is launching
SI Vault, an online database of 150,000 articles and 500,000 photos used since
the magazine's 1954 launch.
Goodbye, Harp magazine.
Hello,
Slate financial site The Big Money.