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In Depth

Discovery Buys Two Companies, Forms Media Unit

Discovery Communications has acquired Petfinder.com and PetsIncredible and combined them with Animal Planet to form a new unit called Animal Planet Media Enterprises.Ad-supported Petfinder.com facilitates pet adoption via the Internet. PetsIncredible produces and distributes pet training videos and runs the…

YES to Air ‘White Shadow’ Series

The YES Network, home of New York Yankees baseball and New Jersey Nets basketball, plans to run episodes of the classic high-school basketball series “The White Shadow” on Sundays beginning Nov. 5 at 6 p.m. (ET).The cable network has acquired…

CBS Corp. Earnings Up 26 Percent for Q3

“CBS Corporation is right on track,” CBS Corp. Executive Chairman Sumner Redstone said Thursday as CBS Corp. announced a third-quarter performance that included a 26 percent earnings increase from its continuing businesses.Net earnings fell dramatically to $316.9 million, or 41…

Experts: Black Friday Will Break HDTV Price Records

Expect 42″ Plasmas to Crack $1,000 Price Point

Dan Rather’s Digital Age

Rather’s HDNet News Program Set for Nov. 14 Debut

HD Circles the GlobeHD Circles the Globe

U.S. Networks, Programs Getting International Export

Iams Pet Food Brand to Sponsor TNT Movie Franchise

Procter & Gamble’s Iams pet-food brand will be the first sponsor of TNT’s Dramatic Difference Movie, a new franchise that will feature profiles of community organizations.The first movie to receive the Dramatic Difference treatment will be “Drumline” on Friday at…

$2 Billion in Political Ad Spending for 2006 Beats Record, Projections

Political advertising spending for 2006 has zoomed past all projections and is heading for the stratosphere, with more than $2 billion likely to be spent. That’s 17.6 percent more than the $1.7 billion spent in 2004, the previous record high…

Nielsen, NetRatings Inc. Launch TV-Internet Database

Nielsen Media Research and NetRatings Inc. launched a database Wednesday that combines television viewership information with Internet usage data to allow programmers and marketers to study and capitalize on the relationship between use of the two media.The National TV/Internet Fusion…

Atom Films’ Salmi Named Global Digital Media Chief for MTVN

Mika Salmi has been named president of global digital media for MTV Networks, a new post. Mr. Salmi was founder and president of Atom Films, which was acquired by MTVN in August. He will report to Judy McGrath, chairman and…