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Monthly Archives : February 2009

House Approves DTV Delay, Sends Bill to Obama

The House of Representatives, by a 264-to-158 vote, today ended the debate over whether the country is ready for the digital TV transition with a clear “no.” It sent to President Obama legislation for a “one-time-only delay” that would postpone…

Time Warner’s Bewkes Bullish on TV Production Business

It’s tough times for much of the television business, but Time Warner Chairman-CEO Jeff Bewkes likes the TV production business. “We feel very good about the TV production business,” Mr. Bewkes said on the company’s fourth-quarter earnings conference call with…

House Begins Debating DTV Delay Bill

The House of Representatives began considering legislation this afternoon to postpone the digital TV transition from Feb. 17 to June 12. A final House vote to send the delay to President Barack Obama for his signature now is expected later…

Emmy Voting to Be More Democratic

The Emmys are getting a little more populist this year. The Academy of Television Arts & Sciences said Wednesday that its Board of Governors has voted to end the so-called “two-phase” selection process for choosing best comedy and drama series…

ABC Buys Saget’s ‘Surviving Suburbia’

ABC has acquired the rights to never-aired CW comedy “Surviving Suburbia” and is giving the Bob Saget vehicle a plum spot behind “Dancing with the Stars” on Mondays. “Suburbia” was a victim of producer Media Rights Capital’s failed attempt to…

Time Warner Posts $16 Billion Q4 Loss

Time Warner on Wednesday reported a $16 billion loss in the fourth quarter and a $13 million loss for all of 2008. The bulk of the loss was the result of a $24 billion charge against asset impairments. For TVWeek’s…

Facebook, Kutcher Link for Web Video Series

Facebook makes its first foray into original Web series today as the social networking site debuts a Web series in partnership with actor-producer Ashton Kutcher’s production company, the companies announced. “Katalyst HQ,” a reality Web show on the inner workings…

Time Warner Reports $16 Billion Loss

Time Warner said that it lost $16 billion in the fourth quarter because of huge write down on the value of some of its intangible assets, MarketWatch reports. Time Warner’s Networks segment, which includes Turner Broadcasting and HBO, had higher…

Rough Economy Helping Evening Newscasts

The evening newscasts on the Big Three broadcast networks are getting a boost as viewers tune in for the latest economic news, the Associated Press reports. Trying to assess how bad the economy is and how to fix it “really…

TV Woes Hurt Disney Earnings

Walt Disney Co. said its profits fell 32% because of lower earnings at its broadcast and cable TV divisions, TelevisionWeek reports. The company took at $60 million bad debt charge in its syndication unit because of the Tribune Co. bankruptcy….