Viacom said it will limit spending to $100 million on its new premium TV and video-on-demand joint venture. Speaking on Viacom’s first quarter earnings conference call with investors Friday, CEO Philippe Dauman said the joint venture with MGM and Lionsgate…
Viacom reported higher first-quarter profits and strong sales of its “Rock Band” video game. Net earnings rose 33% to $270 million, or 42 cents a share, from $203 million, or 22 cents a share, a year ago, the company said…
Objectifying Web cuties is going co-ed. Thousands of readers are checking out the first annual Hottest Male Web Host tournament on Daisy Whitney’s New Media Minute page on TVWeek.com. As self-proclaimed “equal-opportunity objectifier” Daisy Whitney explains in this video, she…
ABC Family is touting two things most advertisers crave: original programming year-round and viewers who pay attention to commercials. With the Writers Guild of America strike cutting into its development time, ABC Family will have three new original series airing…
At TVWeek/Ad Age Summit: Climate of Caution, Concern
Sezmi Corp., formerly Building B, will release a new set-top box that combines traditional broadcast TV, cable programming, movies and Internet video into one streamlined reception system. The company announced it is starting to test the technology in pilot markets…
Full speed ahead. With the adoption of liquid-crystal display televisions going worldwide and the U.S. switchover to digital broadcasts less than 10 months away, that’s the attitude Sony is taking with its factories as it attempts to ensure it has…
Comcast’s first-quarter earnings beat analysts’ estimates as the largest U.S. cable television operator boosted revenue with more high-speed Internet and telephone subscribers. Cable subscriber numbers were little changed amid increased competition from satellite and fiber-optic television operators. Net income fell…
Although many are celebrating the emergence of Sony’s Blu-ray as the winner in the next-generation DVD player format war, count ABI Research among the naysayers. Within the past two weeks, the Oyster Bay, N.Y.-based research firm has twice questioned whether…