Media embracing digital TV with strings attached

By Jennifer Saba and Lisa Richwine NEW YORK/LAS VEGAS (Reuters) – Media companies that are starting to allow their programs onto Internet-delivered TV and mobile devices are putting limits on digital rights as a safety hatch if problems arise with the new distribution systems, executives say. The debate over digital rights that determine how and when content is consumed is adding a new layer of complexity to negotiations between media companies and distributors, leading to drawn-out wrangling and programming blackouts in some cases. …

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Starboard reiterates Yahoo should combine with AOL

(Reuters) – Activist-investor Starboard Value LP has reiterated that Yahoo Inc should consider a merger with AOL Inc and cut costs to improve profits, spurred by media reports that Yahoo is exploring other large-scale acquisitions. Starboard, in September, urged Yahoo to consider merging with AOL on the grounds that a deal could create up to $1 billion in “synergies” by reducing overlaps in online display advertising and other overhead costs

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