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Viacom, Verizon CEOs talk Comcast, retrans

Fri, 20 Nov 2009 11:11:00 EST

Viacom president and CEO Philippe Dauman expressed some concerns about a possible Comcast acquisition of a majority stake in NBC Universal.


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TV Guide Network renews Comcast carriage deal

Fri, 20 Nov 2009 10:46:00 EST

TV Guide Network has reached a multi-year extension of a carriage agreement with Comcast Corp., the largest U.S. cable operator, the companies said Friday.


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GE, Vivendi differ on NBCU valuation: report

Fri, 20 Nov 2009 10:25:00 EST

General Electric and Vivendi are at least $1 billion apart in their valuation of the French group's stake in NBC Universal, the Financial Times said, dampening hopes of a swift sale.


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Starz Ani strikes banking deal for tax credits

Fri, 20 Nov 2009 10:03:00 EST

Starz Animation Toronto has come up with a novel way to allow studio and indie producers to reduce their film financing needs as they pocket Ontario tax credit savings up-front.


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Scripps takes majority NDTV Lifestyle stake

Fri, 20 Nov 2009 03:02:00 EST

Scripps Networks Interactive has bought a 69% stake for $55 million in leading broadcaster New Delhi Television Group's lifestyle programming subsidiary NDTV Lifestyle, which operates NDTV's Good Times channel.


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Intellectual property guru nears confirmation

Thu, 19 Nov 2009 12:59:00 EST

A Senate committee on Thursday confirmed the nomination of President Obama's nominee for the top intellectual property position in Washington.


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Vivendi eyes NBC Uni exit: CFO

Thu, 19 Nov 2009 11:54:00 EST

Vivendi could exit from U.S. media group NBCU Universal as it has no intention to be part of the future joint venture being discussed by Comcast and General Electric, its chief financial officer said on Thursday.


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Cuts key to Sony strategy

Thu, 19 Nov 2009 05:46:00 EST

Cutbacks at Sony are bearing fruit, but a second year of losses means there is "more work to be done," chief executive Howard Stringer warned Thursday at a pair of briefings for the media and investors.


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Entertainment one posts mounting losses

Wed, 18 Nov 2009 10:03:00 EST

Canadian producer Entertainment One on Wednesday posted a widened pre-tax loss for the first half of the year on higher costs and one-off items, despite sharply higher revenue.


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GIC buys Shanda Games stake

Wed, 18 Nov 2009 05:21:00 EST

GIC, Singapore's biggest sovereign wealth fund, has bought a 5.4% stake in Chinese videogames company Shanda Games, its second recent investment in a newly listed firm in the United States.


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Comcast's video publisher expanding

Wed, 18 Nov 2009 12:01:00 EST

Comcast's white-label video publishing firm thePlatform is expanding its client base and launching features designed to enable programmers to provide "TV Everywhere" capabilities on their Web sites.


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ThinkFilm exec's calendar filled with lawsuits

Tue, 17 Nov 2009 11:00:00 EST

Even as producer David Bergstein plows ahead in the movie business, the lawsuits and judgments continue to pile on.


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Graham King launches TV division

Tue, 17 Nov 2009 11:00:00 EST

Graham King is branching out. The Oscar-winning feature producer has launched a television division of his GK Films and tapped Lionsgate TV executive Craig Cegielski to run it.


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NBC pacing behind in Olympics ad sales

Mon, 16 Nov 2009 05:27:00 EST

With fewer than 90 days left before the Olympic torch arrives at BC Place Stadium in Vancouver, NBC Universal still has a solid chunk of inventory left to sell.


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Disharmony hits Hulu

Mon, 16 Nov 2009 05:32:00 EST

Hulu is starting to show signs of why it's not easy to run a joint venture between competitors. Recently, the popular video site's various parents have sent mixed messages about Hulu's future business model -- and whether it will erect some sort of paid subscription wall.


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Comcast, GE near deal

Mon, 16 Nov 2009 03:38:00 EST

Comcast and General Electric have worked out almost all details of a deal that would see the cable giant take a 51% stake in NBC Universal, leaving the price tag on Vivendi's 20% stake in the entertainment company as the main issue left to be resolved.


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Gary Ginsberg leaving News Corp.

Mon, 16 Nov 2009 02:50:00 EST

Long-time Rupert Murdoch confidante Gary Ginsberg will leave his position as News Corp.'s top communications expert at the end of the year.


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Lenders let MGM chief guide auction

Sun, 15 Nov 2009 08:00:00 EST

It's hardly surprising that an MGM auction is starting to unfold, but it's a measure of the quick respect established by MGM chief Stephen Cooper that he and not Lion lenders are controlling the process.


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Lenders extend deadline for MGM payments

Fri, 13 Nov 2009 07:19:00 EST

MGM has gotten another reprieve from its lenders, who have extended the deadline by which it must resume making interest payments on its $3.7 billion debt to Jan. 31.


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Online move tough for old media firms

Fri, 13 Nov 2009 02:34:00 EST

For private equity players in the media space it's also tough slogging.


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Canwest shares to trade on TSX exchange

Fri, 13 Nov 2009 10:01:00 EST

Embattled Canwest Global Communications Corp. will start trading its stock on the Toronto Stock Exchange's junior exchange Monday after its shares are delisted from the main TSX exchange at the close of day Friday.


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Liberty Global buys Unitymedia for $5.2 bil

Fri, 13 Nov 2009 08:20:00 EST

It's second-time lucky for John Malone who has finally got himself a piece of the German cable TV market following the €3.5 billion ($5.2 billion) acquisition of Cologne-based cable group Unitymedia by Malone's Liberty Global Inc. (LGI).


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Playboy stock rises after sale speculation

Thu, 12 Nov 2009 07:22:00 EST

Shares of Playboy Enterprises soared Thursday on a report that the men's magazine publisher is in talks to sell its business to Iconix Brand Group.


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Disney's quarterly net income rises

Thu, 12 Nov 2009 05:23:00 EST

Disney posted an 18% jump in net income to $895 million on revenue that climbed 4% to $9.87 billion.


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Blockbuster loss exceeds $100 million in Q3

Thu, 12 Nov 2009 05:10:00 EST

Blockbuster, in a life and death struggle to withstand withering competition from Netflix and Redbox, reported a quarterly loss of $117 million on Thursday, five times bigger than its loss in the year-ago period.


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