The Walt Disney Co.’s decision to put its shows on Hulu may mean that Google’s YouTube will reformulate its revenue-sharing model to attract top quality content, Dow Jones reports. “They are going to have to make upfront payments or equity…
AOL’s new chief Tim Armstrong has already recruited a former Google colleague to help restore AOL’s advertising business, the New York Post reports. Armstrong has tapped Jeff Levick as president of global advertising and strategy for AOL and who had…
Walt Disney’s agreement to buy part of Hulu puts pressure on CBS to get a greater return on its Web programming investment because CBS now is the only major network that’s not part of Hulu, Broadcasting & Cable reports. CBS…
BSkyB, the largest U.K. satellite company, turned a profit for the nine months ended March 31, boosting revenue by 8%, Daily Variety reports. A subscriber increase this year on the company’s high-definition service offset a decline in advertising sales for…
Disney is hopping on Hulu, closing a deal to become a joint venture partner and equity owner of the online video aggregator. The deal, which has been expected for several weeks, unites Disney and its TV networks with NBC Universal,…
Comcast said that its net income rose 6% reflecting additional high speed Internet and telephone customers, which offset a 2% drop in video customers, Television Week reports. Revenue was up 5% to $8.8 billion despite a 1% drop in revenue…
One of the worst deals in history, AOL’s combination with Time Warner, has left a succession of businessmen trying to solve the problem of what to do with AOL, the New York Times’ DealBook says. It has come down to…
Federal Communications Commission Chairman Michael Copps requested $1 million from U.S. Congress to account for digital television expenditures for the year ending October 2011, Multichannel News reports. Copps, who has asked for a cumulative total of about $355 million, said…
Verizon’s FiOS television service this week is launching three Chinese-language television networks with Sino Television Inc., Multichannel News reports. The first of the three networks, whose programming will include news, drama and call-in shows, will start airing this week, Multichannel…
Tim Armstrong, the new chief of AOL, said the Internet company’s collection of platforms has gotten cluttered, although he didn’t detail specific plans for reducing them, Advertising Age reports, citing an interview with Armstrong at a 4A’s conference. Armstrong said…