Media giant Kirch Group reportedly is close to selling its 25% stake in Spanish web Telecinco. Company has confirmed it is in negotiations with buyers, and sources say a deal is imminent.
Sinclair Broadcasting on Wednesday announced it will soon boast the most duopolies of any station group in the nation, thanks to a vote by the Federal Communications Commission approving the purchase…
Canadian broadcaster Corus Entertainment has sold its 29.9% stake in the Comedy Network to CTV for C$36 million ($23 million).
AOL Time Warner is on the brink of a major deal with Subhash Chandra-backed Zee Telefilms.
Video-on-demand outfit Video Networks has launched what it describes as the first Bollywood-on-demand channel for the European market.
Nine pics were declared eligible Wednesday for the first new Oscar category in 20 years: feature-length animation. A committee of the Academy of Motion Picture Arts & Sciences will pare the list down…
Any program that exposes new audiences to the greatness of Sam Cooke would have merit, and this "Legends" episode, once you get past Jeffrey Wright's dry narration, is a start-to-finish winner…
CNBC and airport retailer the Paradies Shops are partnering to launch CNBC branded stores in airports across North America.
Pubcaster RAI has ponied up 299 billion lire ($138 million) to the Kirch Group for rights to the 2002 World Cup soccer tournament in Japan and South Korea -- to the relief of soccer-mad viewers.
Channel 4 is fighting off suggestions that it ended up with its second-choice candidate for chief executive after finally confirming the appointment of Mark Thompson to the web's top job.
Berlin-based media investor German Film Productions is launching a private fund of roughly 11 million euros ($10 million) -- with the possibility to increase it up to $45 million -- to bankroll…
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