Clear Channel neared an agreement to be bought out at a lower price than previously negotiated, as buyout firms such as Bain Capital and Thomas H. Lee were close to reaching financing terms, the Wall Street Journal reports. The company…
Fox Television Studios has ordered three series that will be produced abroad and pitched to U.S. networks, the Hollywood Reporter says. Fox TV Studios President Emiliano Calemzuk, who was born in Argentina, is encouraging production abroad as a method of…
U.S. Web viewing in March jumped 64% from a year earlier, led by Google unit YouTube, ComScore Networks reported yesterday. Internet users watched 11.5 billion online videos during March, up 13% from February, ComScore said. About 37% of the clips…
Cable-television operator Charter Communications said yesterday that its first-quarter loss narrowed 6% after almost doubling its telephone-services revenue. The company also boosted its high-speed Internet sales by 12%. –Danny King
The National Association of Broadcasters told the Federal Communications Commission yesterday that the agency’s new requirement for programming-disclosure forms would increase stations’ paperwork tenfold, Broadcasting & Cable reports. Stations would need to devote more than an additional 20 weekly hours…
Fox signed Michael Rapaport to play a government agent for the fourth season of “Prison Break,” the Hollywood Reporter says. Rapaport has a recurring role on NBC’s “My Name is Earl,” the newspaper reports. –Danny King