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NBCU Reports Profitable Q3

NBC Universal booked a 24 percent increase in third-quarter operating profit on a 173 percent surge in revenue as parent General Electric on Friday reported the first full financial period for the recently created entertainment giant.NBCU’s operating profit came in…

DirecTV Links Bundling Agreement With Qwest

DirecTV Group on Thursday inked an agreement with telecommunications company Qwest Communications to combine their services in a product bundle that would be offered to customers in the western part of the United States.No financial terms were disclosed, but the…

As Stewart Prepares for Prison, Trial Witness is Acquitted

One day before Martha Stewart was scheduled to arrive at a West Virginia federal prison to serve her five-month sentence, a federal jury in New York on Thursday acquitted a witness in Ms. Stewart’s high-profile trial for perjury.Larry Stewart, a…

Senate Committee Drops Media Provisions From Pentagon Bill

In a major victory for broadcasters, Senate sources late Thursday said lawmakers in conference committee for the Department of Defense authorization bill have stripped all of the media-related provisions from the legislation, including a new GOP-backed compromise that would have…

‘Last Comic Standing’ Gets Pulled

It looks like the laughter is over for NBC’s “Last Comic Standing.” NBC will announce Thursday that the reality series in which comedians compete will be pre-empted next Tuesday and replaced by three episodes of “Father of the Pride.”The show…

Burns Wants FTC to Oversee TV Ratings Fairness

Sen. Conrad Burns, R-Mont., wants the Federal Trade Commission to “ensure that the television ratings industry is run fairly and in the best interest of the public” and has asked the FTC to see whether existing statutes give it that…

CBS Wins Night Despite Big Ratings for ABC Drama ‘Lost’

ABC’s new mystery plane crash drama “Lost” was the highest-rated program Wednesday night in total viewers and the adults 18 to 49 demographic, but CBS took the night among viewers and in the demo thanks to its “CSI” franchise.At 8…

NBC Sports to Delay NASCAR Coverage

Breaking with tradition, NBC Sports said today it will institute a five-second delay in NASCAR coverage beginning Sunday from Kansas Speedway during the Nextel Cup Series Banquet 400. The move follows a cursing incident involving popular NASCAR driver Dale Earnhardt…

CSTV to Launch on TWC Digital

College Sports Television will launch Friday on Time Warner Cable of New York and New Jersey’s digital lineup. CSTV will be available to Time Warner Cable of New York and New Jersey’s digital customers on Channel 457 throughout the company’s…

CBS Paramount Promotes Deborah Barak

Deborah Barak has been promoted to executive VP, business affairs, for CBS Paramount Network Television Entertainment Group, group President Nancy Tellem announced Wednesday.Ms. Barak will oversee business affairs for CBS Entertainment and Paramount Network Television, under the direction of division…