Next New Networks, a media company specializing in digital content production and distribution, has raised $15 million from investors Goldman & Velocity Interactive Group, Spark Capital, Saban Media Group and Bob Pittman. Next New’s original content garnered 33 million video…
Crown Media said its fourth-quarter loss widened, but that the company expects its growing advertising and subscriber revenue to start falling to the bottom line next year. Henry Schleiff, who joined the company as CEO in 2005 with a contract…
Longtime MTV Networks executive John Sykes, who helped launch MTV and VH1, is leaving the company. Most recently, Mr. Sykes was president of network development at MTV Networks. It appears the company does not plan to go forward with this…
Playing catch-up in the race to provide more granular viewing information, the Nielsen Co. made a deal with Charter Communications to use anonymous data from digital set-top cable boxes to generate television audience measurement. Rivals including TNS Media Research, which…
Viacom-owned Comedy Central is developing a TV show with Opie and Anthony, the radio shock jocks fired when the media conglomerate owned CBS Radio. The show, called “Search and Destroy,” is described as a scavenger hunt in which “teams of…
Long-time MTV Networks executive John Sykes is leaving the company, Multichannel News reports. Mr. Sykes, who had been president of VH1 during the “Behind the Music” days and later ran Viacom’s Infinity Broadcasting radio unit, returned to MTV Networks in…
“Ugly Betty” showrunner Silvio Horta signed a two-year, multi-million dollar agreement with ABC that will keep him on the show and allow him to create other projects for the network, Daily Variety reports. Disney-owned ABC extended the show for a…
NBC is nearing an agreement to order a 15th season of “ER,” once the network’s top-rated show, Daily Variety reports. The show was expected to end this year, but the Writers Guild of America, put the show back on life…
Time Warner CEO Jeff Bewkes said the company may sell its majority stake in Time Warner Cable, which would have more operational and financial flexibility under a different ownership structure, Multichannel News reports. Mr. Bewkes, who spoke at a Bear…