Monday, October 21, 2019
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RTL Group Buys Majority Stake in Video Ad Platform SpotXchange

LUXEMBOURG/DENVER: RTL Group has entered into an agreement with the current shareholders of SpotXchange to purchase a 65-percent majority stake in the U.S. video advertising monetization company for 107 million euros ($144 million). In addition to the initial investment, the two agreed on an earn-out component that might increase the ...

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Sony Posts Profit Increase in Q1

TOKYO: First-quarter financials at Sony Corporation show a 5.8 percent revenue boost to 1.8 trillion yen ($17.9 billion), with profit soaring from 3.1 billion yen ($30 million) in the year-ago period to 26.8 billion yen ($265 million), lifted by PS4 ...

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TV Producer Robert Halmi Sr. Dies at 90

NEW YORK: Robert Halmi Sr., the prolific TV producer who founded RHI Entertainment, passed away yesterday at the age of 90. Halmi was born in Hungary and was a freedom fighter during WWII. He founded his production company, RHI Entertainment, ...

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Hit the Floor Picked Up for Third Season by VH1

SANTA MONICA: VH1 is going for a third season of Hit the Floor, set in the dramatic world of basketball cheerleading. Season two of Hit the Floor wraps on August 11, while season three is expected to premiere with ten new episodes in May 2015. The second season ranks as ...

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TV Land Greenlights Jim Gaffigan Sitcom

NEW YORK: TV Land has ordered ten episodes of The Gaffigan Show, a single-camera sitcom from Peter Tolan and Jim Gaffigan. Gaffigan also stars in the comedy, which is inspired by his real life. The series explores one man's struggle to find balance between fatherhood, stand-up comedy and an insatiable ...

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IM Global Enters TV Business

LOS ANGELES: IM Global has established a TV production and distribution operation, IM Global Television, which is led by former Syfy president Mark Stern. Stern joins as president and partner in the new venture. He was most recently the president of original content at Syfy, also serving as co-head of ...

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Caracol’s The Dark Widow Airs in Honduras

BOGOTÁ: Honduran broadcaster Televicentro has picked up Caracol TV Internacional’s drama The Dark Widow. The channel debuted the series on July 28, airing it Mondays to Fridays at 10 p.m. The Colombian export tells the story of Griselda Blanco, who joined the world of drug trafficking as a teenager and ...

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New Nickelodeon Comedy from Big Time Rush Creator

SANTA MONICA: Nickelodeon has greenlit the new live-action comedy 100 Things to Do Before High School, which comes from Big Time Rush creator and executive producer Scott Fellows. The 26×30-minute single-camera comedy follows three best friends as they navigate middle school using a bucket list of adventures to help them ...

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