Former Viacom CEO Tom Freston will receive termination payments of about $58.9 million, the company said in a Securities and Exchange Commission filing Wednesday.Mr. Freston, who was removed by Chairman Sumner Redstone and the Viacom board in September, signed a…
Rick Meril has been promoted to executive VP and general sales manager of Warner Bros. Domestic Television Distribution, the company announced Wednesday. Mr. Meril will be responsible for overseeing distribution sales for the company’s first-run and off-network properties, and will…
In a move that reverses the trend of media agencies working separately from advertising agencies, Interpublic Group of Cos. is dissolving its Interpublic Media unit and restructuring the media units that were part of it.Interpublic Media Chairman and CEO Mark…
King World’s “Rachael Ray” continued to lead among new syndicated shows by a wide margin during the week ended Oct. 8. “Ray” scored a 2.0 national household rating, a figure that includes live viewing plus same-day viewing via digital video…
Universal Music Group has sued two video-sharing sites, alleging illegal use of its music videos.The music label filed lawsuits in U.S. District Court against Grouper.com and Bolt.com for copyright infringement. Sony purchased Grouper in August for $65 million. Popular video-sharing…
Christopher Glenn, an award-winning CBS News radio and television correspondent, died Tuesday of liver cancer. He was 68. Mr. Glenn was best known as the voice of “In the News,” a short TV news segment for children in the 1970s…
Continuing its expansion into the new media space, Showtime announced Wednesday it would offer digital downloads of several series on Amazon.com’s Unbox digital video service. Series such as “Weeds,” “Sleeper Cell,” “Fat Actress” and “Penn & Teller: Bullshit!” will be…
Yahoo delivered a disappointing earnings report to investors Tuesday with the news that its third-quarter profit dropped 38 percent as ad sales slowed in the important automotive and financial services sectors. But video is the one bright spot for the…
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