Viacom chief donates to Cambodian nonprofit


The Tribune Co. nets $350 million from the Internal Revenue Service in a tax-dispute settlement

Women's Wear Daily reports that Vanity Fair will release as many as 20 different covers for its upcoming Africa issue, guest-edited by Bono, to boost visibility of the issue and the cause it supports

Viacom chief Sumner Redstone donates $500,000 to the nonprofit Cambodian Children's Fund to help the poor children there with healthcare and education


Dow Jones' controlling Bancroft family agrees to consider a Rupert Murdoch buyout, although Murdoch resists an editorial oversight board

The New York Post's sensational coverage of Alex Rodriguez's private life opens the door to paparazzi treatment of all US athletes

Condé Nast chairman Jonathan Newhouse rejects the idea of a Middle East version of Vogue because he fears a fundamentalist Muslim backlash

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