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Online television service Joost today said it has landed $45 million in funding from Index Ventures, Sequoia Capital, Li Ka Shing Foundation, CBS Corporation and Viacom. The money is earmarked for product development, global expansion and service offerings. Joost was…
Restructuring at MTV Networks resulted in a 36 percent decline in first quarter net income for Viacom. MTV has fired about 500 people as it shifted more resources into digital media under new CEO Philippe Dauman, who replace Tom Freston…
Saturday’s fight between Oscar De La Hoya and Floyd Mayweather generated a record $120 million in pay-per-view revenue with 2.15 million purchases of the fight, HBO said. The fight at the MGM Grand Garden Arena in Las Vegas eclipsed by…
Mobile as Marketing Tool
A Picasso of Planning
This Series Rated SPF4
Auto Ad Spending, 2006 Advertising spending by the automobile industry dropped 1 percent to $13.5 million in 2006, according to Nielsen’s Monitor-Plus service. The automotive industry is traditionally the biggest ad spender, so even a small skid is of big…
Time Warner has forced Chris Albrecht, chairman and CEO of HBO to resign from his position following his arrest after an altercation with his girlfriend over the weekend. Mr. Albrecht on Tuesday took a temporary leave of absence and promised…
In this week’s exclusive Backlot Talk, “American Idol” co-executive producer Ken Warwick gives critiques on each contestant’s performance and explains his and partner Nigel Lythgoe’s decision to step down from producing the 59th Primetime Emmy Awards. Mr. Warwick felt that…