A nasty slump in electronics poured some red ink on giant Sony Corp., which reported a net loss of $243 million for the latest quarter.
Viacom topped expectations and swung to a profit as chief operating officer Mel Karmazin assured investors that things "have definitely bottomed out" in the weak ad market that hurt the conglom's…
Army Archerd: Just for Variety
Showtime has pacted with "Strange Justice" producer Steven Haft and writer Jacob Epstein to develop a dramatic account of America's latest political battle, the 2000 presidential election.
Randy Falco, president of NBC TV, is giving up his other title -- chief operating officer of NBC Olympics -- after the 2002 Winter Olympic Games in Salt Lake City.
In a move likely to dismay shareholders, TV Azteca has announced it will lend sister company Unefon $80 million. Azteca had previously said the mobile telephony outfit would be sold.
U.K. cable operator NTL signed up 200,000 additional digital TV subscribers in the second quarter of the year, up 26% to a total of 951,000.
The Belo media group has posted a second-quarter loss of $315,000, prompted by an ongoing advertising falloff at its TV stations and newspapers.
Cabler Rogers Communications' wireless division took the wind out of the company's sails in the second quarter, leading the company to a quarterly loss of C$96.3 million ($62.6 million).
International Creative Management has launched a games division in the U.K. via a ground-breaking joint venture with cabler Telewest.
German pubcaster ARD has filed for a temporary court order against sports rights outfit ISPR, owned by commercial TV giant Kirch, following failed talks on national soccer coverage.