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Miley Cyrus Doc On the Way from MTV

July 29, 2013

BEVERLY HILLS: MTV has a new one-hour feature documentary that follows Miley Cyrus as she works on her new album, as well as several other newly announced projects. Produced by the MTV News and Docs team, the doc will premiere this fall on MTV. It shines a light on the transformation …

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Bloomberg Media Group Appoints New CEO, Chairman

July 29, 2013

NEW YORK: Justin B. Smith has been hired as the new CEO of Bloomberg Media Group, replacing Andrew Lack, who is becoming chairman of the company. As CEO Smith will report to Daniel L. Doctoroff, the CEO and president of Bloomberg LP. His position is set to take effect on …

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Discovery Reports Small Q2 Profit Gain

July 30, 2013

SILVER SPRING: Discovery Communications had a slight increase in earnings for its second quarter, though a 30-percent jump in revenues. Net income increased 2 percent to $300 million. This was primarily due to the strong operating performance in the current year being offset by higher interest and texts, as well …

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Time Warner Cable & CBS Extend Negotiations

July 30, 2013

LOS ANGELES: Time Warner Cable and CBS Corporation have agreed to extend their negotiating deadline until 5 p.m. on August 2, after a short blackout period in some markets around midnight last night was quickly reversed. The two companies have been at odds over fees to be paid by Time …

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Revolt TV Gets Launch Team in Place

July 30, 2013

LOS ANGELES: The upcoming cable channel Revolt TV, founded by Sean Combs, has named the executive team that will lead the service through its launch. Keith Clinkscales will serve as CEO, while Andy Schuon will serve as president. Val Boreland will take on the role of executive VP of programming …

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America’s Got Talent to Tour the U.S.

July 30, 2013

BURBANK: Syco Entertainment and FremantleMedia have revealed that a number of acts from the eighth season of America’s Got Talent are slated to participate in a live tour of the U.S. this fall. America’s Got Talent Live will make stops in more than 30 cities around the country. It is …

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NBCU Helps Lift Comcast Q2 Results

July 31, 2013

NEW YORK: Revenue for NBCUniversal increased 8.9 percent to $6 billion in the second quarter, helping to boost Comcast Corporation’s overall results.  Operating cash flow for NBCU rose 21.3 percent to $1.2 billion, led by Filmed Entertainment and Cable Networks. Revenue from the Cable Networks segment grew 7.7 percent to …

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Harry Sloan & Jeff Sagansky Raise $325 Million in Silver Eagle IPO

July 31, 2013

NEW YORK: Silver Eagle Acquisition Corp., led by Harry Sloan and Jeff Sagansky, has raised $325 million through an initial public offering, which is more than it expected. The pair had hoped to sell 25 million units at $10 per unit, planning to raise $250 million. The IPO closed with …

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Twentieth Century Fox Television Distribution & Starz Sign Licensing Pact

July 31, 2013

LOS ANGELES: A new multi-year licensing deal sees hundreds of movies from the Twentieth Century Fox Television Distribution library airing commercial-free on the Starz and Encore premium channels. The agreement also includes associated HD, on-demand and authenticated online offerings. Titles included as part of the pact are Big Momma’s House, …

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Showtime Inks Overall Deal with Dexter Showrunner

July 31, 2013

LOS ANGELES: Showtime has signed a two-year overall deal with Scott Buck, the showrunner and executive producer of Dexter. Buck is currently in development on a number of projects for the premium cable channel, including supervising the script for Matthew Specktor’s novel American Dream Machine. Dexter‘s Michael C. Hall will …