But the European Commission said Thomson must sell off financial research units to eliminate antitrust concerns raised by the 8.1 billion pound ($15.8 billion) deal.

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Time Appeals Libel Ruling Over Suharto in Indonesia
An Indonesian court s ruling awarded former President Suharto more than $100 million in damages over an article about what the United Nations calls one of the most gargantuan thefts of our time.

Directors Guild Ratifies Contract
Members of the Directors Guild of America overwhelmingly voted to ratify a new three-year contract with movie and television production companies.

After a Judgment, Music Label Files Chapter 11 Bankruptcy
TVT Records, long ranked as a top independent label, was hit last year with a $9.1 million court judgment over the release of old recordings of the rapper Pitbull.

For Publisher in Los Angeles, Cuts and Worse
Many at The Los Angeles Times are skeptical of David D. Hiller, saying he doesn t understand journalism.

Magazines Up for Sale, Including Variety
Dozens of trade publications are going up for sale as the publishing company Reed Elsevier looks to get out of the uncertain advertising market.

The Media Equation: news Isn t Wasted on the Young
Can newscasts retain the college crowd beyond the elections?

Advertising: No Polo Pony, but Penney s New Label Is Pure Ralph Lauren Americana
Some corporate-identity consultants wonder whether the mash-up of J.C. Penney and Ralph Lauren will mush up their images in the minds of consumers.

Advertising: With Strike s End, Oscars Regain marketing Allure
The end of the strike has alleviated the fears of more than a dozen blue-chip advertisers, worried that their marketing plans centered on the Oscars would be disrupted.

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