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Jacobs Gets Alternative for Fox Television Studios

Former Buena Vista Productions executive Holly Jacobs is joining Fox Television Studios in the newly created post of executive VP, alternative development. The move was announced Wednesday by studio president Angela Shapiro.Ms. Jacobs will work closely with Fox Television Studios…

The WB Promotes Grasso, Adds to Drama Development

The WB announced Tuesday that Maria Grasso has been promoted to senior VP of drama development and Clay Spencer, formerly of the Greenblatt Janollari Studio, is coming aboard as the department’s new VP. Both will report to Carolyn Bernstein, executive…

CSTV Obtains $37M in Financing

College Sports Television on Wednesday said it has secured $37 million in new financing, including contributions from a pair of new investors.CSTV said the financing included a first-time $25 million investment from JPMorgan Partners, the private-equity firm controlled by banking…

Martin Named WXIN,WTTV General Manager

Jerome Martin has been named VP and general manager of Tribune Broadcasting’s Indianapolis duopoly, Fox affiliate WXIN-TV and The WB station WTTV-TV, effective Aug. 23. Mr. Martin had been VP and general manager of WBDC-TV, Tribune’s WB station in Washington…

Wallace Cited in Disturbance Outside N.Y. Restaurant

“60 Minutes” correspondent Mike Wallace was back on the job Wednesday morning after being handcuffed and hauled away Tuesday night to a police precinct by inspectors for New York City’s Taxi & Limousine Commission because his driver had double-parked while…

‘Method & Red’ Headed for Overhaul

Sources say the 20th Century Fox Television/Regency Television comedy “Method and Red” is going through a creative overhaul that may result in major changes to the show’s writing staff.Part of Fox’s 52-week season strategy, “Method & Red” premiered June 16…

‘Simple Life 2’ Finale Shines, but CBS Still Dominates

According to Nielsen Media Research, the season finale of “The Simple Life 2” helped Fox win the week of Aug. 1 to 8 among adults 18 to 34, but among other key demos CBS was still king.Thanks to its “CSI”…

News Corp. Board Approves Reincorporation Plan

News Corp. on Tuesday moved a step closer to its planned reincorporation in the United States, after a special committee and the board of directors unanimously approved the media giant’s planned domicile change.The company said a committee of non-executive board…

Viacom Merges TV Sales, Distribution Units

Viacom announced Tuesday it has formed CBS Paramount International Television by merging the company’s two television sales and distribution entities: CBS Broadcast International and Paramount International Television. The merger is a big win for former CBS Broadcast International President Armando…

Walt Disney Co. Earnings Up 20 Percent

Walt Disney Co. on Tuesday reported a 20 percent surge in fiscal third-quarter earnings, driven by growth at the media giant’s theme-park and cable-networks businesses.The Burbank-based company generated a profit of $604 million, or 29 cents a share, for the…