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WWE Posts 24% Increase in Q3 Profit

World Wrestling Entertainment said Thursday that it posted a 24 percent increase in fiscal third-quarter profit to $13.9 million, driven by gains in the company’s live-entertainment and televised businesses.Revenue jumped nearly 25 percent to $103 million.The company said it saw…

Jain New Insight President; Two Others Promoted

Cable operator Insight Communications announced three new executive promotions Thursday, including a new president.Dinni Jain, who was executive VP and chief operating officer, was named president of the cable company, assuming a title that had been held by CEO Michael…

Moonves Says CBS First Standalone Retrans Deal Imminent

CBS Corp. CEO Leslie Moonves said late Tuesday that his company is weeks away from striking its first standalone retransmission consent agreement, under which the media company will be paid for its broadcast signal.Mr. Moonves, speaking at a media conference…

Nielsen Declines to Enter Portable People Meter Venture

Nielsen Media Research said Wednesday it has decided not to enter into a joint venture with Arbitron to commercially deploy Arbitron’s Portable People Meter as the primary measurement tool for media ratings currency. Nielsen said the decision won’t affect its…

Maffei Takes Reins of Liberty Media

Gregory Maffei took over as president and CEO of John Malone’s Liberty Media on Wednesday, officially assuming a position he was named to last November.Mr. Maffei, who at one time was chief financial officer of software giant Microsoft, will replace…

Cox to Star in FX Pilot

In her first leading television role since “Friends,” Courteney Cox will star in FX’s pilot “Dirt,” the network announced Wednesday. Ms. Cox will play a tabloid magazine editor who thrives on uncovering celebrity gossip. Ms. Cox will executive produce the…

Cartoon Adding New Series, Plans Original Movies

At its upfront presentation Wednesday Cartoon Network said it will add new programs “Squirrel Boy” and “Class of 3000” to its lineup in November. The network is also planning four original movies, including it’s first production combining live action and…

Five Stations Sign With The CW

The CW announced Wednesday it has signed exclusive, long-term affiliation agreements with five stations, four of which have been affiliated with The WB and one of which has been an affiliate of UPN. When the five new affiliates, which collectively…

Statewide Telco Franchising Approved in Indiana

The Indiana House of Representatives late Tuesday passed legislation backed by the telephone industry that would replace local franchising with a statewide franchising system. The bill now heads for the desk of Gov. Mitch Daniels, who has said he will…

Feldman Re-Ups as NATPE Chief

Rick Feldman has signed a multiyear agreement to continue as president and CEO of the National Association of Television Program Executives. The announcement was made Wednesday by NATPE co-Chairs Emerson Coleman, VP of programming for Hearst-Argyle Television, and Stephen Davis,…