Time Warner will record $25 billion in write-downs for the fourth quarter, with nearly $15 billion tied to Time Warner Cable amid a deteriorating advertising market.
Author Solutions, one of the country's biggest print-on-demand publishers, agreed to buy rival Xlibris. Terms weren't disclosed.
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![[Cuomo, Andrew]](http://s.wsj.net/public/resources/images/HC-GK286_Cuomo_AV_20081029162048.gif)
Arbitron will pay $260,000 and overhaul its new electronic radio-ratings system in New York to resolve allegations the system undercounted minorities.
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MGM Mirage said it will scale back its City Center project in Las Vegas as the gambling company seeks to cut costs and raise cash.
![[bmw ads on diesel fuel]](http://s.wsj.net/public/resources/images/MK-AT805_advert_A_20090107173325.jpg)
BMWs North American business is kicking off a major advertising campaign, as part of an ambitious effort to promote two of its diesel vehicles.
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![[skiier Picabo Street and Gatorade ads]](http://s.wsj.net/public/resources/images/MK-AT775_advert_A_20090106162053.jpg)
Gatorade's "What's G" ad campaign is part of a big rebranding effort for the sports drink.
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![[2009 preview]](http://s.wsj.net/public/resources/images/OB-CW940_2009pr_A_20090101194502.jpg)
A guide to the most anticipated books, movies, TV shows, music, videogames, sports stories and art of the year ahead.
![[The Think-Positive Gambit]](http://s.wsj.net/public/resources/images/WK-AO175_nexttv_A_20081230153454.jpg)
This year, expect an array of TV options all designed to make viewers forget about the real world and disappear into a good show.
![[X-Men Origins: Wolverine]](http://s.wsj.net/public/resources/images/WK-AO146_next_f_A_20081229120055.jpg)
Hollywood found some of 2009's most anticipated films in an unexpected place: 2008. A guide to some of the biggest movies.
![[2009 books]](http://s.wsj.net/public/resources/images/OB-CW939_books0_A_20090101190030.jpg)
Publishers hope John Grisham and other bestselling authors will pump up sales.
![[Microtrends]](http://s.wsj.net/public/resources/images/OB-CU368_Mtrend_A_20081209172119.jpg)
Just as more people in China are working for firms that are privately owned, more Americans are working for companies that are -- at least for now -- state-owned.
![[For Football Fans, Seeing TDs in 3-D]](http://s.wsj.net/public/resources/images/PJ-AN933_pj3DBO_A_20090106152908.jpg)
Theaters will broadcast the BCS championship game live and in 3-D. But it's unclear if it will be a novelty, or a new way to experience game day.
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![[disney XD]](http://s.wsj.net/public/resources/images/MK-AT803_disney_A_20090107184013.jpg)
Walt Disney is making a push to crack a market that few media companies have been able to conquer -- boys aged 6-14.
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CBS will receive higher fees from Time Warner Cable for access to the network's programming, including "60 Minutes" and its popular "CSI" franchise.
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Madison Avenue took a back seat as technology companies created the tools to buy advertising space online. Now, major ad holding companies are developing their own systems.
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