Cabler Comcast Corp. has formed Comcast Interactive Capital Group, an indie unit to invest and manage $100 million in new Internet-based operations.
Cinebase Software, Inc. said Tuesday it has secured $9 million in venture capital from a division of Bear Stearns Co. to develop and market its media management software to the entertainment industry.
As part of its commitment to new media, Warner Bros. has tapped former top TV marketing exec Jim Moloshok to the newly created position of prexy of Warner Bros. Online.
Domestic Film DAILY
PROVIDED BY: Box Office
No Good Deed
No Good Deed1Daily:$1.0M Cumulative:$29.9M Sony / Screen Gems -11.16%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$557,622 Cumulative:$308.5M Disney -4.92%
Dolphin Tale 2
Dolphin Tale 23Daily:$459,663 Cumulative:$18.1M Warner Brothers -9.19%
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America Online, said Tuesday that CBS will replace ABC as its exclusive broadcast news provider for the world's largest Internet service.
Larry Shapiro has been tapped as senior veep of business and legal affairs of Buena Vista Internet Group, a division of The Walt Disney Co.
Kushner-Locke Co. announced late Tuesday that its losses in the fiscal year ened Sept. 30 widened 45% to $6.3 million, while revenues gained 33% to $75.8 million.
TiVo Inc., the originator of personal television, has formed a strategic alliance with Quantum Corp., a leading provider of advanced storage solutions for personal computers.