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Gannett Reports Drop in Profits, Rise in Revenue

An increase in expenses and a dearth of political advertising spending helped push down Gannett Co.’s fourth-quarter results, with profit falling 9 percent to $343.3 million on a 6 percent rise in revenue to $2.1 billion, the company announced Friday.For…

Twentieth Announces More Clearances

Twentieth Television updated its syndicated strip clearances Thursday from the National Association of Television Program Executives annual convention in Las Vegas.Sitcom “Still Standing” has been cleared in 86 percent of the country. Courtroom strips “Judge Alex” (86 percent), “Divorce Court”…

CBS to Sell Theme Park Business

CBS Corp. said Thursday that it is selling its theme park business and has already received interest from a number of parties.While the company refused to identify the potential suitors, CBS officials said they are confident they can complete a…

‘Masterminds’ Cleared in More Than 70 Percent of U.S.

New Line Television has cleared the Court TV series “Masterminds” in more than 70 percent of the country for syndication beginning in September.David Spiegelman, New Line’s senior executive VP of domestic television distribution and marketing, announced additional major market clearances…

‘NASCAR Angels’ Picked Up in Major Markets

“NASCAR Angels,” a show that features NASCAR drivers and crew chiefs aiding people in need of automotive assistance, has been cleared for WABC-TV, New York; KABC-TV, Los Angeles; WSB-TV, Atlanta; and WLS-TV, Chicago. The half-hour weekly program is slated to…

RTN to Launch Fall Programming to Fill UPN, WB Vacancies

RTN Television Network announced Thursday it will launch three hours of original weeknight programming beginning Sept. 1, in response to the upcoming programming breach created by the merger of The WB and UPN networks.The first show announced: an hour-long variety-talk…

Former NAB Candidate May Represent NCTA

Mitch Rose, The Walt Disney Co. lobbyist who lost his bid to head the National Association of Broadcasters late last year, is launching his own consulting firm next month in Washington-and industry sources say that one of his first clients…

Sony Pictures Entertainment Reports Q3 Operating Loss

Sony Pictures Entertainment, the film and television division of Japanese conglomerate Sony, reported Thursday that it suffered an operating loss and a slight dip in revenue for the fiscal third quarter.For the three months ended Dec. 31, revenue for SPE…

MTV Networks Making Programming Available Through iTunes

MTV Networks is the latest source to put its programming on Apple’s iTunes Music Store, the companies announced Thursday. For $1.99, consumers will be able to download episodes of 14 shows from MTV, MTV2, Comedy Central, Nickelodeon and The N,…

‘ET,’ ‘Insider’ Renewed

CBS Paramount’s syndicated strips “Entertainment Tonight” and “The Insider” have both been cleared through 2012. “ET,” now in its 25th season, has been sold in 60 percent of the U.S. John Nogawski, president of CBS Paramount Domestic Television, made the…