The most lasting impression from Tuesday night’s second presidential debate may have been made by an awkwardly phrased comment by Republican challenger Mitt Romney. The Los Angeles Times reports that Romney’s remark about “binders full of women” has taken on…
Just a few days after news broke that a top ad sales exec was leaving NBC comes word that another NBCUniversal executive is stepping down. Bridget Baker, president of TV networks distribution for NBCU, will leave her post at the…
A puppet-based protest has been scheduled for Nov. 3 at the National Mall in Washington, D.C., in support of PBS, Reuters reports. The event follows comments by Republican presidential hopeful Mitt Romney that he would like to cut funding for…
Softbank Corp. announced today that it will buy a 70% stake in Sprint Nextel Corp. for about $20 billion, The Wall Street Journal reports. The purchase of the mobile carrier marks the largest-ever overseas acquisition by a Japanese company, the…
Strong performances by Gannett’s television stations helped overcome weakness in the company’s core newspaper business as the company beat Wall Street expectations for the third quarter, Deadline.com reports. “The company reported net income of $148.6M, up 32.9% vs the period…
An event streamed online over the weekend shattered a number of records — both for the event itself and for the online stream of the event. Austrian daredevil Felix Baumgartner’s freefall from more than 24 miles above the Earth broke…
Hulu is buying Providence Equity’s 10% stake in the company for $200 million, which places the video-streaming service’s valuation at about $2 billion, reports Bloomberg. Hulu is borrowing the money to pay for the repurchase, while Hulu Chief Executive Officer…
CBS has put into development a Jerry Bruckheimer-produced project, Deadline.com reports. The project is based on a blog called GrannyIsMyWingman.com. The project tracks a 20-something woman and her grandmother as they venture out in the dating world, the story notes….
Wall Street investors are becoming uncomfortable about television, according to a report by David Lieberman on Deadline.com, and it has everything to do with the fall season’s lower ratings. “Season-to-date prime time ratings are down 11% vs last year for…
A wildly successful YouTube video could be a game changer for the media business, Deadline.com reports, citing BTIG analyst Richard Greenfield. Commenting on the impact of the “Gangnam Style” dance video by South Korean pop artist Psy, Greenfield notes that…