Cablevision Systems Corp., the New York-area cable-television operator, agreed to buy the Sundance Channel from co-owners NBC Universal, CBS Corp. and actor-director Robert Redford for $496 million.

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“Grand Theft Auto IV,” the latest version of Take-Two Interactive Software Inc.’s gangland video game, generated a record $500 million in sales during its first week in stores.

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A screen shot of one of the shows offered at Logoonline.com(Credit: MTV Networks)
Execs at MTV Networks say the best way to distribute media over the Web is […]

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