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.
Two Fox promoters have been promoted: Jason Haikara has been upped to senior vice president of on-air promotion scheduling, while Louise Carter jumps to vice president of on-air planning.
First-quarter revenues at beleaguered kidvidder EM.TV hit DM237 million ($106 million), while the company recorded a pre-tax loss of $20 million. Overall performance was worse than expected.
ABC announced the winners of its first annual New Talent Development Scholarship and Grant Program during a Wednesday press conference hosted by net prexy Alex Wallau and ABC entertainment…
Dan Rather and CBS may not think much of the Chandra Levy story, but the syndie newsmags do and their ratings have received a big lift as a result.
In a move that will keep Alfred Molina in the CBS fold, the network and Columbia TriStar have renewed an overall development deal with MHS Prods., the company run by Molina and Joan Hyler.
2016-2017 Oscar Predictions
- Oscars: With Historic ‘Moonlight’ Win, the Academy Embraces Empathy Over Escapism
- Oscar-Winner Casey Affleck Calls Denzel Washington ‘One of the First People Who Taught Me How to Act’
- Epic Oscars Mistake: Faye Dunaway, Warren Beatty Announce Wrong Best Picture Winner
- ‘La La Land’ Makes Damien Chazelle Youngest Best Director Winner in Oscars History