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TiVo grows subscriber list

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TiVo Inc. reported Wednesday first-quarter revenues of $424,000 in subscriptions and a net loss of $24 million due to marketing and expansion costs. Its digital video recorder has now sold 35,000 units.

World Briefs

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UNITED KINGDOM Capitol Films has picked up international sales rights to Edward Yang’s “A One and a Two,” the Taiwanese entry in the main competition at this year’s Cannes Film Festival. CHINA News Corp.’s Star TV confirmed that it had acquired Sony’s 12.5% stake in the Channel V music network for an undisclosed amount. The… Read more »

News Corp., Telecom are Stream team

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Just weeks after asserting that Rupert Murdoch and Telecom Italia were trying to push him out of pay TV operator Stream, Italy’s top film producer and distributor Vittorio Cecchi Gori has sold his 18% stake in the country’s digital platform Stream to the Australian-American mogul and Italy’s telco giant.

‘N Sync stays on top

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For the fourth straight week, teen idols ‘N Sync retained the top spot on the national music charts as “No Strings Attached” (Jive) sold more than 422,000 copies, according to sales data released Wednesday.

‘Good’ set for critics week

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Frank Novak’s “Good Housekeeping” will be the only U.S. pic competing for prizes, including the Camera d’Or and the Grand Prix de la Semaine de la Critique, at this year’s Cannes Intl. Film Festival.

Spike & Mike go to Cannes

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Spike and Mike will do Cannes.
After recent successful runs at Sundance and Austin’s South by Southwest festival, Mellow Manor Prods., the purveyors of the “Spike and Mike Festival of Animation,” will unspool a variety of shorts next month during the Cannes Film Festival.