Yesterday, Viacom told Wall Street that its third quarter had been better than most analysts expected. Today Time Warner delivered a similar report: Revenue was on track, but cost savings improved the bottom line. That won’t help hundreds of Time Inc. employees who face job cuts this quarter. Meanwhile, the company can’t ditch AOL soon enough: It has already spent $100 million prepping it for a spinoff this year.

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RealNetworks says more than 500,000 people have downloaded its all-you-can-eat music app. But it’s hard to tell what that number actually means.

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Had to see this one coming: Amazon is chopping the price on its plain-vanilla Kindle e-book reader and is introducing a new version that will allow users to download books when they’re outside the U.S. Your move, Sony–and every other would-be Kindle competitor.

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Warner Music and YouTube, co-owners of the one of the Web’s nastiest spats, are about to patch things up. How’d they do it? By cutting a deal that looks a lot like the one YouTube has already made with Universal Music Group.

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Rupert Murdoch has been pushing The Wall Street Journal to raise its prices. Here’s one way to try it: Levy an additional fee for subscribers who want to use the paper’s iPhone or BlackBerry apps.

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Web radio darling Pandora has good news for its users: We’re saved! And a slightly different message for its heaviest users: Pay up. And perhaps a third message for potential investors: Want to write us a check?

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That was quick. Time Warner Cable is shelving plans to charge its Internet customers based on usage. For now, that is.

The cable giant had planned on charging customers in four locations on a “consumption” plan in which they’d pay between $15 to $150 a month based on the amount of data they hoovered via the Web. But noisy opposition to the plan surfaced immediately and has been getting louder over the past few weeks.

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Music videos on YouTube are money-makers for the music labels, and a money pit for Google. That may change next year: Even Google can’t afford to lose money every time someone watches an Avril Lavigne clip.

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