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Fox Cable Networks reached an agreement Thursday with Turner Broadcasting System to acquire regional sports and entertainment network Turner South.Terms of the deal were not disclosed. The transaction does not include the Atlanta Braves baseball team, which, along with Turner…
Talent Agency International Creative Management is launching a global branded entertainment division, which will be led by Lori Sale, former executive VP of worldwide promotion for the Weinstein Co. At Weinstein Ms. Sale oversaw promotion, branded entertainment, consumer products, product…
Cable operator Mediacom Communications said Thursday that it swung to a fourth-quarter loss of $212.7 million, compared with a year-earlier profit of $2 million, hurt by an accounting charge of $197.3 million.Revenue rose 6 percent to $280.3 million.For the year,…
Hearst-Argyle Television on Thursday reported a 75 percent decline in fourth-quarter profit as a drop in political advertising and a charge related to the company’s New Orleans television station depressed results.The company reported a profit of $9.9 million, compared with…
CBS Corp., in its first earnings release since splitting off from Viacom at the end of last year, said Thursday that its fourth-quarter loss narrowed from a year ago.The red ink was the result of a $9.5 billion write-down on…
For the first full week of sweeps, syndicated rookie first-run strips saw gains in households despite disruptions caused by NBC’s Olympics coverage.For the week ended Feb. 12, the top-rated rookie strip, Twentieth’s court show “Judge Alex” grew 8 percent from…
The William Morris Agency has promoted John Ferriter to worldwide head of nonscripted television and Jon Rosen to head of East Coast television. The announcement was made Wednesday by WMA President Dave Wirtschafter. Mr. Ferriter, who has worked at WMA…
Telecasts of the Winter Olympics gave NBC the gold medal in adults 18 to 49 and in total viewers for the week ended Feb. 19, but the top-rated show in both demos was still Fox’s “American Idol.”The Wednesday edition of…
Viacom said Wednesday that it posted a 67 percent decline in fourth-quarter profit as charges related to the split of the company, layoffs and film write-downs weighed on the overall results.The company, which now consists of cable networks and the…
Fox announced Wednesday that it will launch a prime-time-only network, dubbed My Network TV, on Sept. 5 with just two hours of stripped programming and weekend wrap-ups of the programs. At a packed press conference in midtown Manhattan, Peter Chernin,…