Young Broadcasting said Tuesday that a decline in political advertising revenue took its toll on the broadcaster’s third-quarter results. The company reported a wider loss and a double-digit decline in revenue.Young, which owns 10 television stations, reported red ink of…
The House telecommunications subcommittee has scheduled a hearing Wednesday on legislation aimed at making it easier for telephone companies to get into the cable TV business. The draft bill under subcommittee consideration would allow broadband video service providers to avoid…
NBC and CBS announced Monday they will offer their top programs commercial-free through on-demand providers for 99 cents each within hours of airing. NBC’s agreement is with DirecTV and also includes shows from its cable networks, such as USA, Sci…
During the November sweeps, CBS will trade some time slots for two of its freshman dramas: the Tuesday legal series “Close to Home” and the Friday sci-fi one-hour “Threshold.”“Home” will move from its Tuesday 10 p.m. (ET) time period to…
Gray Television said Monday that its third-quarter profit tumbled 85 percent to $1.7 million from a year-earlier figure of $11.8 million. Total revenue for the quarter fell 13 percent to $75.1 million.A major factor in the declines was the absence…
Crown Media Holdings, the parent of cable network Hallmark Channel, said Monday that it posted a narrowed third-quarter loss of $65.8 million, compared with year-earlier red ink of $105.8 million. Revenue soared 62 percent to $50.7 million.The company attributed its…
After years of legal wrangling, NBC Universal and Paxson Communications said Monday that they have reached a pact in which Paxson founder and Chairman Lowell “Bud” Paxson will step down. He will be replaced by NBC Universal Executive VP Brandon…
Interviewer Keeps a Soft Edge on the Hard Questions
Advertisers Foot Bill for Def on Demand
Avoiding Tabloid Approach Has Been a Key to Success of the ‘Access Hollywood’ Brand