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Why Netflix Says It Won’t Renew Deal With Viacom; Plus Netflix Considering New Subscription Option

Netflix said in a letter to investors that it won’t renew its deal with Viacom, which expires at the end of May, reports Deadline.com. “We are in discussions with them about licensing particular shows but have yet to conclude a…

From Forbes: The Billionaires Who Will Likely Bid for the Los Angeles Times, and Their Chances of Winning

Forbes staff writer Jeff Bercovici has compiled a list of the billionaires who will likely bid for the Los Angeles Times newspaper, and has estimated the odds of them actually getting the paper. First, the players. According to the article,…

Aereo Maps Out Plan to Expand Into Boston

Aereo, the Web startup that has quickly become a thorn in the side of U.S. broadcasters, revealed today that it will soon expand to Boston. Reuters reports that the company set a May 15 target date. “Backed by Barry Diller’s…

Reese Witherspoon Cancels TV Appearances Following Her Arrest

Actress Reese Witherspoon has canceled television appearances on shows including "Good Morning America" and "Late Night with Jimmy Fallon" following her embarrassing arrest with her husband, reports the New York Post’s Page Six. As previously reported, Witherspoon and her husband,…

TV Ad Spending Nears Milestone, Even as DVRs Post Gains

Both TV ad spending and DVR penetration posted gains in 2012, even as DVRs continue to be cited as a problem for TV advertisers. MediaPost reports that 46% of homes are now estimated to have a DVR, up 9% from…

News Corp. to Pay $139 Million to Settle Lawsuits

News Corp.’s board agreed to pay $139 million to settle shareholder lawsuits accusing the directors of ignoring illegal conduct at the media conglomerate, including phone hacking by some employees, reports Bloomberg. Insurance covering the company’s board, including Chairman Rupert Murdoch,…

Netflix Gains 2 Million New Members, Sees New Series Driving Growth

Netflix said Monday it added 2 million new members in the first quarter, prompting its stock to jump 26% in after-hours trading, reports Bloomberg. Netflix also gave a promising bit of information about its new series, "Hemlock Grove," a science-fiction…

Mark Burnett Cutting a Version of ‘The Bible’ for Movie Theaters

History’s popular 10-part miniseries "The Bible" may soon be playing at your local movie house, with producer Mark Burnett telling The Hollywood Reporter’s Live Feed that he’s cutting a movie version. The project is "a three-hour version of Jesus and…

FX Developing Drama Based on Real-Life 1950s-1960s L.A. ‘Fixer’ Who Investigated Death of Marilyn Monroe

[Updated at 10:50 a.m., PT on 4/23/13 to make it clear that this is a drama pitch that FX is developing. It’s not an order for a show.] FX has bought a drama pitch from James Ellroy, the author of…

Nancy Dubuc to Take Over Day-to-Day Operations of A+E Nets as New President and CEO of the Company. Abbe Raven Becomes Chairman

Nancy Dubuc, who has had an amazingly successful period running various A+E networks — including Lifetime, the History Channel and A&E — has been named the company’s president and CEO. She replaces Abbe Raven, who moves up to become chairman of…