Media giant Viacom issued a rosy financial report today, highlighted by profits that beat Wall Street expectations and growth in the cable segment, according to The Hollywood Reporter. Operating income for media networks was up 13% to $806 million for…
Weather Channel Cos. Chief Executive Mike Kelly says the company’s digital offerings are “going through the roof." More than 40% of the company’s total advertising stems from digital, Kelly said in an interview with the Los Angeles Times. The channel…
After Major League Baseball took over operations of the Los Angeles Dodgers and put a TV deal with Fox on hold, Dodgers owner Frank McCourt said he’s "not going anywhere," reports Bloomberg. McCourt is considering suing over the takeover ordered…
Despite seeing ratings fall about 10%, broadcast television could have an advertising windfall at this year’s upfront, reports TheWrap.com. Advertisers who sat out last year’s upfront market are now paying as much as 30% more for time in the scatter…
Members of the Writers Guild of America voted to approve a new three-year contract that provides increases in contributions to the guild’s pension plan and higher residual payments in pay TV, reports the Los Angeles Times’ Company Town blog. The…
In a major hacking incident, Sony has been dealt what is being described as “a significant short-term blow,” with both its PlayStation Network and its Qriocity on-demand television service affected, Deadline.com reports. The incident, attributed to a lone hacker, is…
ABC’s cancellation of daytime dramas "All My Children" and "One Life to Live" may have opened the door for soap operas on rival networks to bring new blood to their lineups, according to a report on Deadline.com. NBC’s "Days of…
NBC’s heavily promoted new music competition show "The Voice" got off to a good start Tuesday night, finishing as the top show of the night and pushing NBC to an overall win in the 18-49 demo, TVbytheNumbers.com reported. NBC wound…
National Geographic Television, which produces the bulk of the programming for the NatGeo channel, has named a new president, The Washington Post reports. The company promoted Maryanne Culpepper to the position, according to the story. She replaces Michael Rosenfeld, who…
It was announced today that a series that was the first original scripted sitcom on its cable channel will be back for a third season, Deadline.com reported. The cable channel, Spike TV, said it has renewed the sports comedy “Blue…