Media Decoder Blog: Ratings Shortfall at Nickelodeon Hurts Viacom Revenue

1:34 p.m. | Updated Hampered by ratings shortfalls at Nickelodeon and an unfavorable film release schedule, Viacom on Thursday reported a 16 percent decrease in revenue in the fourth quarter of 2012, a somewhat steeper drop than analysts anticipated.But the company’s profits came in slightly ahead of expectations, and the chief executive, Philippe Dauman, pleased Wall Street with positive news about...

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The Lede Blog: Updates From the Senate Hearing on Gun Violence

The Lede followed the testimony on Wednesday before the Senate Judiciary Committee’s hearing titled “What Should America Do About Gun Violence?” Former Representative Gabrielle Giffords of Arizona, her husband, Mark E. Kelly, and Wayne LaPierre, chief executive of the National Rifle Association, are among the witnesses expected to testify. As our colleague Jennifer Steinhauer reports, this is the...

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California police probe stunts that shut down freeways

LOS ANGELES (Reuters) – The California Highway Patrol is investigating two apparently unrelated stunts that jammed freeways over the weekend, including one involving hundreds of motorcyclists celebrating a marriage proposal that inconvenienced motorists east of Los Angeles.Both events created a flurry of viral Internet videos, fueling concerns about a repeat performance by copycats.On Interstate 10...

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'Entourage' crew to make leap to big-screen

LOS ANGELES (AP) — Vincent Chase and his entourage are jumping from the small screen to the big-screen.Warner Bros. confirmed Wednesday that a film version of HBO's hit series "Entourage" is in the works.Series creator Doug Ellin is writing and directing the film, which does not yet have a production start date or release date. The studio also has not finalized the cast."Entourage" ran for eight seasons...

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The Consumer: The Drug-Dose Gender Gap

Most sleeping pills are designed to knock you out for eight hours. When the Food and Drug Administration was evaluating a new short-acting pill for people to take when they wake up in the middle of the night, agency scientists wanted to know how much of the drug would still be in users’ systems come morning.Blood tests uncovered a gender gap: Men metabolized the drug, Intermezzo, faster than women....

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DealBook: Top Federal Prosecutor of Corporate Crime Will Resign

1:42 p.m. | Updated with formal announcementLanny A. Breuer, the federal prosecutor who led the Justice Department’s response to corporate crime in the wake of the financial crisis, announced on Wednesday that he is stepping down after nearly four years in the post.As head of the Justice Department’s criminal division, one of the most senior roles at the agency, Mr. Breuer tackled corporate bribery...

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Report Links Rodriguez and Others to Clinic and P.E.D.’s

An anti-aging clinic in Coral Gables, Fla., that had been under the scrutiny of Major League Baseball for several months has now been cited in a published report as a supplier of performance-enhancing drugs to a half-dozen players, including the Yankees’ Alex Rodriguez. Miami New Times, in a report released Tuesday, said that an unidentified former employee of the clinic, Biogenesis of America,...

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China may consider ending its decade-long ban on video game consoles

Shares of Sony (SNE) and Nintendo (NTDOY) surged on Monday following a report from China’s official newspaper that claimed the country is considering the lift of a decade-long ban on video game consoles. An unnamed source told the China Daily newspaper that the Ministry of Culture is “reviewing the policy,” and has conducted surveys and held discussions with other ministries on the possibility of...

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Dior: Jennifer Lawrence dress had no malfunction

LOS ANGELES (AP) — That was no wardrobe malfunction — that was couture.When Jennifer Lawrence ascended the stairs to accept her SAG Award Sunday night, a bit of skin showed through the skirt of her gown, leading to some speculation that it had ripped.Dior Couture told The Associated Press that wasn't so.The design house said Lawrence's gown was designed by Raf Simons "with different levels of tulle...

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Streaming Shakes Up Music Industry’s Model for Royalties

Jim Wilson/The New York TimesZoe Keating published on her blog the details of what she made in royalties from the Web streaming of her music. It wasn’t a lot. Like plenty of music fans, Sam Broe jumped at the chance to join Spotify two summers ago, and he hasn’t looked back. Spotify, which began streaming music in Sweden in 2008, lets users choose from millions of songs over the Internet...

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