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Disney Stock Falls 9% Amid Concerns of Lower Sales for Syndicated TV Shows and DVDs

Walt Disney’s shares fell 9% on Wednesday, even though the company reported third-quarter earnings that beat some analysts’ estimates, reports the Los Angeles Times’ Company Town blog. Reaction to the report played out on a day when media stocks —…

Hulu Outlines Plans for Its First International Expansion, Targets Asian Nation for Rollout

Hulu is set for its first international expansion, with plans to roll out a premium subscription service later this year in Japan, reports B&C. Hulu’s content will be available on "four screens (PCs, TVs, mobile phones and tablets), for one…

TBS Pulls the Plug on Talk Show

TBS announced today that it has decided to cancel a talk show after a two-year run, Entertainment Weekly reports. The show is "Lopez Tonight," starring George Lopez. It has been part of the TBS late-night lineup since 2009, and recently…

‘Idol’ Locks In J.Lo for Second Season

The executive producer of Fox’s “American Idol” confirmed that the show has secured the services of Jennifer Lopez as a judge for the upcoming season, Reuters reports. Nigel Lythgoe made the announcement today on a call-in to Ryan Seacrest’s radio…

Two Kevin Bacon Comedies in the Pipeline at HBO

HBO has bought a new comedy, which is set to star Kevin Bacon, reports Deadline.com. The network is developing the show, “Valentine,” from writer Bryan Sipe and producers Laurie MacDonald and Walter Parkes. Bacon stars as a radio talk show…

Syfy Changes the Plan Yet Again for ‘Eureka’

The cancellation notice that went out this week for Syfy’s "Eureka," which we previously reported, was slightly premature. It turns out there will be one additional episode of the science fiction program after all, reports E! Online. The cable channel…

Well-Known Cable Exec Takes Position With MSG Entertainment

MSG Entertainment announced that it has named a new senior vice president, product management and brand oversight, Rockettes. The position has been taken by Chris Moseley, formerly senior vice president of marketing for History Channel. Making the announcement was Melissa…

E! Elevates Two Execs

E! Entertainment Television announced a pair of key executive moves, promoting Cyndi McClellan to president, network strategy and E! News, and adding to the role of John Najarian, Multichannel News reports. McClellan adds oversight of “True Hollywood Story,” “E! News”…

Historic Plunge Seen in Cable and Satellite Subs — ‘Toxic Mix’ of Factors Cited

Cable and satellite subscriptions combined for their biggest decline ever during the second quarter, a historic plunge that an analyst attributed to a “toxic mix” of factors, Bloomberg reports. Subscriptions among the top six publicly traded cable and satellite companies…

Another Star Getting His Own Cable Network

Following in the footsteps of Oprah Winfrey, who is trying to make a go of it with her cable network OWN, another star has been quietly working on a plan to launch his own cable net, The New York Times…