A top executive of Fox Business Network was reportedly dismissed from his job and escorted from the building, according to TVNewser.com. A representative for the network wouldn’t provide details, but did confirm that Ray Hennessey, who was director of business…
Television drama production in Los Angeles posted the largest annual decline on record in 2012, reports Richard Verrier in the Los Angeles Times’ Company Town blog. Production of one-hour dramas in the city plunged 20% last year, the piece reports….
Fox wants to give a couple of low-rated comedies more time to attract audiences, reports Bloomberg, citing comments from Kevin Reilly, chairman of entertainment at Fox. The network is standing by the sitcoms "Ben and Kate" and "The Mindy Project,”…
A lower-priced iPhone is in the works at Apple, with a possible debut set for later this year, reports The Wall Street Journal. (Please note that the site is subscription-based, and not all readers may be able to access the…
"It looks like networks may have some new, unexpected inventory to sell: their Twitter feeds. The Associated Press and Samsung appear to have established a template this week, where a network could place ads atop their own pages as well…
CBS, which will broadcast the Super Bowl on Feb. 3, said it sold out of its commercial time for the game, Advertising Age reports. That is, unless an advertiser wants to pay up much more than the average price of…
While DVD sales and rental revenue declined last year, spending on film and television streaming jumped sharply, reports The New York Times’ Media Decoder. Streaming revenue jumped to $2.3 billion in 2012 from $1.6 billion the previous year, according to…
"Dish Network Corp. made an unsolicited bid to buy wireless broadband operator Clearwire Corp. for $5.15 billion, besting Sprint Nextel Corp.’s buyout offer and setting up a potential takeover battle," reports the Denver Post. Says the Bloomberg version of the…
Fox Entertainment Chairman Kevin Reilly gave an insight-filled presentation Tuesday at the Television Critics Association press tour, admitting that the network “screwed up” with its low-rated fall lineup, Deadline.com reports. Other topics included friction between Fox and NBC, the need…
Upstart digital TV distributor Aereo has raised another $38 million and has announced plans to expand into 22 cities, according to The Hollywood Reporter. Barry Diller and other investors — including Highland Capital Partners — are re-upping on their initial…