Red Sox Owner to Buy England’s Liverpool Football Club

The board of England’s Liverpool Football Club accepted a £300 million ($477 million) offer from New England Sports Ventures, owner of the Boston Red Sox.

“The board decided to accept NESV’s proposal on the basis that it best met the criteria w…

Viacom’s MTV Has Record Ratings Jump for Younger Audience

MTV’s third-quarter ratings had its largest-ever year-over-year jump for its target 12-to-34-year-old audience, reflecting strong ratings from the Viacom Inc. unit for shows such as “Jersey Shore” and “The 2010 MTV Video Music …

As Expected, Blockbuster Files for Bankruptcy

Struggling video rental chain Blockbuster has filed for bankruptcy as part of a plan to recapitalize the company and reduce its debt.

The company filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York,…