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Immelt, CEO of NBC Parent GE, Forgoes Bonus

Jeffrey Immelt, chief executive officer of NBC Universal parent General Electric, will forgo 2008 bonuses worth $11.7 million because of the company’s lower-then-expected earnings, the Associated Press reports. Immelt, who received a $5.8 million bonus for 2008, was paid a…

Cable Groups Call Data Pointless

Cable TV trade groups told the Federal Communications Commission that the regulator’s data-collection efforts would be useless because the industry doesn’t serve enough customers to warrant new laws, Multichannel News reports. While former FCC Chairman Kevin Martin estimated that cable…

TV Graphics Originator Blank Dies at 87

Ben Blank, who in the 1950s introduced the idea of using on-screen graphics behind television broadcasters to liven up newscasts, died of complications from a stroke at his Teaneck, N.J., home at age 87, the New York Times reports. Blank,…

CBS Profit Falls 52% on TV Advertising, Charge

CBS Corp.’s profit fell 52 percent in the fourth quarter as business deteriorated at its television operations. The company cut its quarterly dividend to 5 cents a share, down from 27 cents in an effort to maintain financial flexibility in…

Comcast Broadens Broadband Service

U.S. cable leader Comcast said today that it will spend as much as $500 million to reclaim analog bandwidth to improve its broadband services, Multichannel News reports. The company plans to offer high-speed Internet to about two-thirds of its service…

Cartoon Network Orders Marvel ‘Squad’

Cartoon Network ordered a 26-episode season of “Marvel Super Hero Squad,” which is based on the toy brand and comic book created by Marvel Entertainment, io9.com reports. The series will debut at the end of this year, the Web site…

‘Futurama’ May Have Future on Fox

Fox may bring back the animated series “Futurama” because of strong DVD sales and good ratings in syndication on Comedy Central, Ain’t It Cool News reports, citing cast member Billy West. The show, created by “The Simpsons” creator Matt Groening,…

Comedy Central Orders ‘Michael and Michael’

Comedy Central has greenlit the series “Michael and Michael Have Issues,” starring Michael Ian Black and Michael Showalter. The network has ordered seven episodes of the series, which will feature sketches interspersed through the narrative, which follows Mr. Black and…

DTV Switch: Early Reports Encouraging, But Look Out…

Initial reports from some of the 421 stations that yesterday switched to digital TV signals suggest the most dire predictions about the transition may have been overblown. Some DTV issues are surfacing, however, with antenna and other problems arising. Broadcasters,…

ESPN Tells 3 Broadcasters to Go West

ESPN has assigned broadcasters Neil Everett, Stan Verrett and Stuart Scott to its new facility in Los Angeles for its 1 a.m. ET edition of “SportsCenter” set to debut in April, the Hollywood Reporter says. Based in Bristol, Conn., ESPN…