Media News Briefing for Monday, May 16th

May 16th, 2011

Illustration: Smemon87

China’s Social Networking Sites Show Rapid Growth as the Country’s 457 Million Internet Users Embrace the Format NYTIMES

Following DISH Network’s Acquisition of Blockbuster, a Strategic Move Which Came With a Price Tag of 320 Million, the Company’s CEO is Handing Over the Reins to the Former Head of Sirius, Joseph Clayton HOLLYWOOD REPORTER