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Here are the top media headlines circulating now.
ESPN announced its first major staff reduction since 2009 on Tuesday.
"Star Trek: Into Darkness" may have had disappointing box offices sales in the U.S. this weekend, but the film experienced more success than any in the franchise overseas.
DirecTV is back on the list of companies looking to buy some portion of Hulu, but why do they all want it?
Yahoo faces the challenge of making money while attempting to resurrect its cool factor.
Big things could be on the horizon for Time Warner. It is adding slews of high caliber folks from the entertainment business to its stable of writers, actors, and producers.
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