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Telemundo Partners With Grupo Xtra to Create Mexican TV Production Company

NBC Universal’s Spanish-language broadcaster Telemundo said Wednesday that it is partnering with Mexico’s Grupo Xtra to form a television production company there.Financial terms were not disclosed.To be called Estudios Mexicanos Telemundo, the production company is expected to produce shows for…

Ion Hires Investment Bank to Explore Financing Alternatives

Ion Media Networks, the company previously known as Paxson Communications, said Wednesday it has hired investment bank UBS Securities to advise the broadcaster on strategies that will improve Ion’s financial flexibility.The decision to hire UBS comes after Ion refinanced $1.1…

Peabody Award Winners Announced

Rude, righteous and rock-’em, sock ’em TV series were among the 32 winners of the 65th Annual Peabody Awards announced Wednesday by the University of Georgia’s Grady College of Journalism and Mass Communication. Comedy Central’s proudly offensive “South Park, Fox’s…

Couric’s Multiyear CBS Deal Includes Prime-Time Specials

Three hours after Katic Couric told the TV world she is leaving the “Today” show at the end of May, CBS made its official announcement that she has a multiyear agreement to be anchor and managing editor of the “CBS…

Couric Spills ‘Worst-Kept Secret’: She’s Moving to CBS

With barely disguised emotion, Katie Couric told “Today” colleagues and viewers Wednesday that what she called “the worst-kept secret in America” is true: “I’m going to be working on ‘CBS Evening News’ and ’60 Minutes.’”Her widely expected announcement came at…

NBC Scores Rare Monday Win in Adults 18-49, Total Viewers

Despite facing CBS’s telecast of the NCAA men’s basketball championship and original dramas on Fox, NBC’s special two-hour edition “Deal or No Deal” led the network to a rare Monday night win in the adults 18 to 49 demographic and…

Couric May Announce Move as She Celebrates 15-Year ‘Today’ Anniversary

Katie Couric will celebrate her 15th anniversary as co-host of NBC’s “Today” show Wednesday and also may announce that she will be leaving the show on which she became a $15 million-a-year star. Those who have been avidly reading the…

‘Girlfriends’ Episode Will Introduce Spinoff Story Line

UPN will air an episode of its veteran comedy “Girlfriends” on April 17 that will serve as a pilot for the emerging network The CW, introducing a story line that producers hope will be picked up as a series when…

Upton Announces Bipartisan Package of Legislation on Video Franchises

Rep. Fred Upton, R-Mich., late Tuesday said a bipartisan package of amendments would be offered tomorrow to beef up key enforcement provisions in legislation to make it easier for phone companies to roll out pay TV services. The legislation, which…

Woodin to Retire From Seattle’s KIRO-TV

John Woodin announced Tuesday that he is retiring as VP and general manager of Cox-owned KIRO-TV, the award-winning CBS affiliate in Seattle, for the past nine years. He will be succeeded by Eric Lerner, currently general manager of ABC-owned KFSN-TV…