The Federal Communications Commission approved new rules Monday that will greatly reduce and potentially bring to an end the popular practice of business partnerships between competing local television stations.

FCC Chairman Tom Wheeler said such partnerships have been abused by many broadcasters who have used so-called joint sales agreements to get around the regulatory agency's rules limiting the number of television stations a broadcaster can own.

The new guidelines are seen as a blow to several big broadcasters including Sinclair Broadcast Group and Nexstar Broadcasting, two of the nation'...

Sunday night's Season 4 finale of AMC's "The Walking Dead" walked away with big ratings, but not quite big enough for a series record. 

The episode averaged 15.7 million viewers total, up 27% from the last episode of the third season, according to Nielsen. The episode pulled in 10.2 million viewers in the advertiser-desired 18- to 49-year-old demographic. 

Still, it failed to surpass the season premiere in October, which delivered a whopping 16.1 million viewers, 10.4 million of whom were in the 18-49 category, marking the series' best-ever numbers.

PHOTOS: 'Walking Dead' and the many meanings...

Most network series fell in the ratings Sunday night as the fourth-season finale of AMC's "The Walking Dead" took a bite out of rivals' viewership. CBS' "The Good Wife," however, surged after last week's big plot twist. 

"Resurrection," ABC's high-rated freshman drama, drew 8.2 million viewers and a rating of 2.3 among advertiser-desired 18- to 49-year-olds, according to early numbers from Nielsen. Compared with last week's episode, "Resurrection" posted an 8% decline in the key demographic.

Fox's "Cosmos," which also faced "The Walking Dead" directly, fell 12% week-to-week to a 1.5 in the 18-...

After the coffee. Before figuring out how to use my iPhone.

The Skinny: I finally broke down and got an iPhone. I am a dinosaur no more. Now I just have to master the touch screen, which I hate. It was a touching episode of "The Good Wife" as everyone deals with Will's death. And if you don't know by now what happened on the drama then it's on you, not me. Monday's headlines includes the box office recap, a profile of Warner Bros. CEO Kevin Tsujihara and some big-name TV folks will have new homes.

Daily Dose:  Negotiations between Viacom, parent of MTV, Comedy Central and Nickelodeon, and a...

For the first time in forever, "Toy Story 3" is no longer the highest grossing animated film of all time. With its opening in Japan this weekend, Disney's "Frozen" has taken the top spot and pushed its worldwide box office to an estimated $1.072 billion.

The two-time Oscar winner, which was released in the United States and Canada in late November, joined the billion-dollar box-office club in early March. The movie is running in 36 countries, including South Korea, the United Kingdom and Germany.

Released in 2010, "Toy Story 3" brought in $1.06 billion. But as they sing in "Frozen," "the past...

Director Darren Aronofsky's biblical epic “Noah” sailed at the weekend box office as the film opened at No. 1 with an estimated $44 million in ticket sales.

The film, which cost about $130 million to make, solidly met expectations, according to Paramount Pictures, which  had initially forecast a $30-million opening weekend. "Noah" already has generated about $95 million overseas.

“It was a fantastic result,” said Megan Colligan, Paramount’s president of domestic marketing and distribution. “I think the movie really surprises people and makes them want to...

NBCUniversal is closing two pioneering Internet businesses: Daily Candy, a sugary digest consumed by legions of trend-conscious women, and Television Without Pity, a website created to critique TV shows.

Daily Candy announced Friday in an email to subscribers the end of its run: "It is with the heaviest of hearts that we write today to say goodbye. After 14 years delivering you the best in food, fashion, and fun, this train, as they say, is pulling into the station."

The pink-hued website, and its daily email blasts, are scheduled to end April 4.

Daily Candy was an early adopter of Internet...

Discovery Communications Chief Executive David Zaslav might run one of the smallest of the major media companies, but his pay remains in the big leagues.

Zaslav last year collected compensation valued at $33.3 million, according to Discovery's proxy, which was filed Friday afternoon with the Securities and Exchange Commission.

That amount represented a more than 30% drop over Zaslav's 2012 pay arrangement, which was valued at $49.9 million.

ON LOCATION: Where the cameras roll

Zaslav in 2013 received a base salary of $3 million, a $5.8-million cash bonus and $22.5 million in stock option...

MUMBAI, India — Darren Aronofsky may be a household name in Hollywood, where his last two films were critically acclaimed hits. But to the young Indian artists laboring on the director's newest project — the Biblical epic "Noah" — he was just another client with a looming deadline.

"Who's the director on that?" an American supervisor quizzed a group of serious-faced young men clustered around a computer inside the dim, maze-like production room at Prime Focus studios in suburban Mumbai.

The technicians, who were converting a shot of the title character's legendary ark to 3-D,...

Good news for Dodgers fans. This Sunday's regular-season game against the San Diego Padres is on ESPN, which means everyone with a pay-TV service will be able to see it.

The bad news for Dodgers fans is that Tuesday's game against the Padres is on SportsNet Los Angeles, the team's new channel that is being distributed by Time Warner Cable. Unless there is some last-minute deal-making, subscribers of DirecTV, Charter, Dish, FiOS, Cox and AT

Old media is still alive and kicking.

On its inaugural day of trading, CBS Outdoor Americas -- a billboard business, one of the oldest advertising mediums around -- shot up 5.4% over its initial price to close at $29.50 a share.

CBS Corp. offered 20 million shares of the new entity in Friday's initial public offering on the New York Stock Exchange. CBS had priced the stock at $28 a share -- at the high end of its target.

ON LOCATION: Where the cameras roll

“The reaction so far has been positive so we're obviously very pleased,” Jeremy Male, chief executive of CBS Outdoor Americas,...