DirecTV will pay $5 million to 22 states to settle a probe into the satellite operator’s marketing and advertising practices.The agreement, which was reached with New York State Attorney General Eliot Spitzer and announced Monday, wraps up an inquiry that…
In an effort to appease critics of cable’s programming, six of the nation’s major multiple system operators-including Comcast and Time Warner Cable-hope to roll out family-friendly programming tiers for their digital subscribers early next year. That was the word from…
An appraiser hired by Paxson Communications valued the beleaguered broadcaster’s 60 television stations at more than $2.3 billion, according to a filing made Monday with the Securities and Exchange Commission.The appraisal appears to set the bar for any potential buyers…
Viacom’s Paramount Pictures reached an agreement Sunday under which it will pay $1.6 billion to acquire the DreamWorks SKG film and television operations in a deal that analysts think will help turn around lagging Paramount.As part of the deal, Paramount…
California-Based Pioneer in Video Delivery Achieves 20% Penetration
Deal With Offshore Gambling Company Valued at $100 Million
Domestic goddess Martha Stewart’s rookie talk strip, “Martha,” has been cleared in 90 percent of the country for 2006-07 as local stations continue to firm up their programming lineups. The clearances make the NBC Universal Domestic Television Distribution show the…
Entertainment Site Takes ‘Leaner, Meaner’ Approach
The WB Network laid off about 20 employees Friday as part of the companywide downsizing of 400 staffers at the network’s majority owner, Warner Bros. Entertainment, sources said. At least one or two of the layoffs were believed to be…
Sports Network Backs Up Its Claims