Cablevision Systems will expand its New York media empire into the print space under a $650 million deal to acquire 97% of Long Island newspaper group Newsday Media Group from Tribune Co.

NBC Universal said Monday that it is forming the Digital Health Network, a group of Web sites that will distribute health-focused videos produced by the network.

Paul Allen-controlled cable operator Charter Communications narrowed its first-quarter loss as a revenue gain of 10.5% to $1.6 billion outpaced cost increases.

Journalism veteran Norman Pearlstine is leaving private equity firm The Carlyle Group after less than two years to take a senior editorial role at Bloomberg LP, the financial news provider founded by New York Mayor Michael Bloomberg, the company said

Losses grew at XM and shrunk at Sirius, the satellite radio firms said Monday in announcing what they hope will be their final quarterly financial reports as stand-alone companies.

Bennett Schneir will be Rhode Island-based Hasbro's man in Hollywood, having been named to the company's new post of senior vp and managing director, motion pictures.