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E.W. Scripps Co. Tuesday said it posted a 13 percent rise in second-quarter profit as the company’s national cable networks continued to power the overall company’s financial performance.The Cincinnati-based company reported second-quarter net income of $97.6 million, versus $86.4 million…
Warner Bros. Media Research has released a study showing theatrical on basic cable accounts for 15 of the top 25 programs among adults 18 to 49. The study argues movies are the most popular programming genre on advertiser-supported cable. Airings…
CBS and the Recording Academy have signed a new five-year extension that will keep the annual Grammy Awards on CBS through 2011, it was jointly announced Monday by the network and the academy. CBS has broadcast the Grammy Awards since…
CNN demonstrated its new subscription broadband video service and introduced its afternoon news show “The Situation Room” on Sunday during the Television Critics Association’s semi-annual press tour.The video service, “CNN Pipeline,” will have four live video streams and access to…
Cablevision Panel Retains Advisers: Cablevision Systems said Monday that the special committee formed to review a bid from the controlling Dolan family to take the cable company private has retained investment banks Lehman Brothers and Morgan Stanley as its financial…
Just days after announcing the creation of a new interactive division, Rupert Murdoch’s News Corp. agreed Monday to acquire Intermix Media for $580 million in cash.Intermix is an Internet-based company that runs, among other things, the MySpace.com Web site, a…
NBC Universal said Monday it has inked a new five-year contract with Universal Studios President and Chief Operating Officer Ron Meyer.Mr. Meyer will continue to manage NBCU’s motion picture, parks and resorts and studio operations through 2010. He joined NBCU…
Spike TV has acquired the off-network cable rights to FX’s police drama “The Shield,” the network announced Monday. Spike purchased the rights to the series, which recently completed its fourth season, from Sony Pictures Television. Spike will air the show…
Conciliatory Nature Shines as Exec Prepares to Become CEO
Charlie Collier has been running ad sales departments since he was in his 20s. Now as executive VP of ad sales at Court TV, he may be leading the entire industry on the road to advertising accountability.During the recent upfront,…