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Hearst-Argyle Television CEO David Barrett on Thursday acknowledged his station group is concerned about the ratings slide taking place at NBC and said the company is encouraged by the improvement taking place at ABC. But he said he isn’t ready…
Sony on Thursday reported a 62 percent surge in fiscal second-quarter profit, though its U.S. television operation delivered weaker results in the period.The Japanese conglomerate reported a profit of 53.2 billion yen ($501.4 million), versus a year-earlier profit of 32.9…
Tribune, the media company that owns 26 television stations and owns stakes in The WB Network and Food Channel, on Thursday reported a 33 percent decline in third-quarter profit as the circulation scandal at a number of its newspapers, coupled…
Shares in DreamWorks Animation SKG surged 34 percent in midday trading Thursday, its first day as a public company.DreamWorks Animation’s stock traded at $37.42 a share, up sharply from the company’s initial public offering price of $28 a share.That IPO…
LIN TV Corp. on Thursday reported that third-quarter profit more than doubled, thanks to political advertising spending, which helped offset losses suffered in the Puerto Rico market, which was hit by a string of hurricanes.The Providence, R.I.-based owner and operator…
CNNfn, the attempt to parlay the CNN brand into a free-standing business-news channel, will be shut down in mid-December, on the eve of the ninth anniversary of its launch.A conference call was scheduled for 1:30 p.m. (ET) to discuss the…
The WB is not giving its Friday night family sitcom “Grounded For Life” a full-season order, which means the final original episode of the Carsey-Werner production will air sometime in early 2005.The show, which is scheduled for an off-network cable…
Kevin Sullivan has been promoted to senior VP of corporate communications and Media Relations for NBC Universal. Mr. Sullivan had been VP of sports communications for NBC since February 2000, when he joined the network from the Dallas Mavericks.Mike McCarley…
Day-after repeats of “Late Night With Conan O’Brien” will join the CNBC lineup at 7 p.m. weeknights starting Monday, Nov. 15, from 7-8 p.m. The late-night funnyman will occupy the time slot that has been home to the business-political show…
Meredith Corp., the publishing company that also owns 13 television stations, on Wednesday reported record fiscal 2005 first-quarter results, driven in part by strength at the company’s TV stations.The Des Moines, Iowa-based company reported a 35 percent surge in profit…