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Byline: MATTHEW KARNITSCHNIG, SHIRA OVIDE AND VISHESH KUMAR Tribune Co. is at the brink of a deal to sell its Long Island newspaper Newsday to Cablevision Systems Corp. for $650-million [...]

DirecTV Group Inc. plans a merger with Liberty Entertainment. John Malone's Liberty Media Corp. is to add the 54% of its subsidiary Liberty Entertainment with the balance of DirecTV, which is publicly owned and has a market value of over $24 billion.

John Malone's Liberty Media Corp. will lend Sirius XM Radio Inc. $530 million in return for a 40% holding in the company, thwarting the plans of Charles Ergen and his Dish Network Corp., which sought to gain control of troubled Sirius.

Google Inc. is attempting to negotiate deals with cable and telephone companies that handle Internet traffic to create access for its content, a move that some see as a threat to the concept of net neutrality, the concept of equal Internet access to all content providers.

Cablevision Systems Corp. will abandon plans to sell certain assets and also stock buybacks as it saw slow third quarter growth. Its stock fell 4.3% on Thursday, to $16.20.

Cablevision Systems Corp. has acquired Newsday from Tribune Co. for $650 million, and now must justify its purchase by increasing circulation and improving advertising.

Tribune Co. is close to closing a deal for Cablevision Systems Corp. to acquire its Newsday paper for $650 million, which will help Tribune deal with its almost $13 billion debt.