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Fox Entertainment Group Posts Lower Profits

Fox Entertainment Group on Wednesday reported a 20 percent decline in fiscal first-quarter profit, hurt be equity losses from its interest in satellite operator DirecTV Group.The results came as the Australian Federal Court approved FEG parent and controlling shareholder News…

Time Warner Reports Decline in Q3 Profits

Time Warner on Wednesday reported an 8 percent decline in third-quarter profit as the creation of a $500 million legal reserve offset double-digit growth at the company’s cable and network businesses.The media giant said its third-quarter profit fell to $499…

CBS Counts on ‘Numbers’ for Midseason

CBS has ordered “Numbers,” a midseason drama about an FBI agent (Rob Morrow, “Northern Exposure”) who recruits his brother (David Krumholtz, “The Lyon’s Den”), a mathematical genius, to help solve crimes in Los Angeles. “Numbers” also stars Peter MacNicol (“Ally…

Election Results Keep Media Oversight in Republican Hands

Democratic presidential contender Sen. John Kerry’s concession of the race for the White House to President Bush on Wednesday was one of a number of reasons for Republicans to celebrate in the wake of the election. The GOP also solidified…

‘Father of the Pride,’ ‘dr. vegas’ Pulled From November Sweeps

NBC is benching its animated comedy “Father of the Pride” and CBS is pulling medical drama “dr. vegas” off its schedule for the November sweeps period.NBC still has six unaired episodes of the DreamWorks Television show, which could return in…

Dating Shows, ‘Dr. Phil,’ ‘Regis & Kelly’ Gain Viewers

In a week in which World Series games and special political events forced stations to juggle their schedules and most syndicated shows saw their ratings stay flat or decline, dating programs, “Dr. Phil” and “Live with Regis & Kelly’ all…

World Series Drives Fox, But CBS Still Wins Viewers and Adults Demo

Even with high viewer interest in the final two games of the historic Boston Red Sox-St. Louis Cardinals World Series, Fox wasn’t able to take the week of Oct. 25-31 in viewers or the adults 18 to 49 demographic from…

NATAS Announces Business Reporting Emmy Nominations

The National Academy of Television Arts and Sciences Tuesday announced 31 nominees for Emmys in eight categories of business and financial reporting broadcast from July 1, 2003, through June 30, 2004. The second annual awards will be dispensed Thursday, Dec….

Political Coverage Boosts Cable News Nets

Politics was good to the three major cable news networks in October, giving each dramatic year-to-year increases in viewership.Fox News Channel posted its third-most-watched prime-time month ever, behind the war months of April and March 2003. For the first time,…

DirecTV Posts Wider Q3 Loss

DirecTV Group on Tuesday posted a widened third-quarter loss as higher marketing costs and a one-time charge related to the planned launch of a pair of satellites offset a double-digit gain in revenue brought on by strong subscriber growth.The No….