Time Warner said that it lost $16 billion in the fourth quarter because of huge write down on the value of some of its intangible assets, MarketWatch reports. Time Warner’s Networks segment, which includes Turner Broadcasting and HBO, had higher…
Bloomberg LP, ending a long-term streak of no job cuts, laid off 60 people in its money-losing television and radio unit, the New York Post reports. The company canceled its “Night Talk” television show hosted by Mike Schneider, and more…
BET has purchased the broadcast rights to “Dough Boys,” the debut film from Preston Whitmore’s Give Back Raise Up Program, which is designed to finance low-budget projects featuring newcomers behind and in front of the camera, the Hollywood Reporter says….
The National Geographic Channel is celebrating Charles Darwin, marking the 200th anniversary of the birth of the man who popularized the theory of evolution. Starting Sunday, NatGeo is running a three-part series called “Morphed,” which uses 3-D animation to bring…
TNT’s ad-men series “Trust Me” was hit with a ratings plunge in its second week, as the program, which has drawn mixed reviews, garnered just 1.9 million viewers on Monday, down from its premiere of 3.4 million a week ago,…
Steve Zahn is in discussions to co-star in David Simon’s pilot for HBO’s “Treme,” the Hollywood Reporter says. Kim Dickens has been hired for the post-Katrina drama about the rebuilding of New Orleans, the trade paper says. Zahn would take…
Joe Scarborough of MSNBC’s “Morning Joe” has a book coming out in May that challenges the Republican Party to either reform or die, the Associated Press reports. The book’s title is “The Last Best Hope: Restoring Conservatism and America’s Promise.”…
Barclays Global Investment Fund has trimmed its stake in DirecTV Group over the past 12 months to less than 3% from more than 6%, Multichannel News reports, citing a filing with the Securities and Exchange Commission Tuesday. The filing gave…
Time Warner may lower the amount shareholders receive from its spinoff of its cable operaton, Bloomberg reports, citing an analyst who says just $3 billion of the $9.25 billion will go toward a stock buyback. The company is expected to…
Lifetime has renewed the reality series “DieTribe” for a second season. The network has ordered eight one-hour episodes that will focus on a new group of friends looking to change their lives through diet and exercise. Personal trainer Jessie Pavelka…