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Club RTL clubs congloms

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Media giant Bertelsmann's film and TV unit UFA and Luxembourg broadcaster CLT lost around $161 million (250 million marks) on their canceled Club RTL digital TV web, a source at Bertelsmann told news…

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Financial briefs

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NEW YORK – Time Warner Inc. is to replace $300 million in expensive public bonds, originally issued by Cablevision Industries Corp. before its acquisition by Time Warner earlier this year, with…

WB TV inks Diamond

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Bill Diamond, executive producer of CBS’ “Murphy Brown,” has inked a multiyear development and production agreement with Warner Bros. Television. Diamond will develop, create and produce all forms of…

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