Julia Boorstin

Times have been tough financially for media companies across the board and satellite radio has been no exception. On Aug. 6, Sirius XM Radio (NASDAQ:SIRI) posted a second-quarter loss and the company hasn't lived up to expectations after Sirius and XM completed a merger a little over a year ago. According to "CNBC Reports" host Dennis Kneale, part of the satellite radio's problem is shock jock…

Get your popcorn ready - that is if you like seeing the rich portrayed as bad guys and getting punished for their indiscretions. According to CNBC contributor Michael Wolff, a Vanity Fair contributing editor, that's what's in store for movie fans in the upcoming year. On the Dec. 29 "CNBC Reports," Wolff told CNBC Business News managing editor Tyler Mathisen that Hollywood is greenlighting a…