World Screen

LONDON, August 2: In a multi-million pound deal, Virgin 1, a new U.K. entertainment channel from Virgin Media Television launching this fall, has acquired the FX drama series The Riches from Twentieth Century Fox Television Distribution. The 13×1-hour first season …

LOS ANGELES, August 2: The season finale of the popular interactive online drama LonelyGirl15 will air exclusively on MySpace tomorrow, the News Corporation-owned social networking site announced today. The season one finale, "12 in 12," will be available on MySpaceTV …

STAMFORD, August 2: World Wrestling Entertainment’s second-quarter profit fell from $14.7 million last year to $7 million, despite improved revenues of $137.5 million, as a result of a one-time impairment charge. Earnings in the quarter were negatively impacted by a …

HAMILTON, August 2: Central European Media Enterprises has reported its results for the second quarter, with revenues up 38 percent to $216.3 million and a net income of $34.6 million, triple the $8.5 million recorded in Q2 last year. For …

TOKYO, August 2: A coalition of Japanese TV, film and music companies has lashed out at YouTube, according to the Associated Press, accusing the Google-owned site of not doing enough to remove pirated clips. There is a host of bootleg …

EL SEGUNDO, August 2: Mattel has announced a recall of 1.5 million Fisher-Price toys made in China featuring Sesame Street and Nickelodeon characters over concerns about lead paint, in a move that is expected to cost the toy giant $30 …

NEW YORK, August 2: Second-quarter revenues at Viacom were $3.19 billion, a 13-percent increase, but profit remained flat at $434 million, down 1 percent on last year’s $437.3 million. Operating income in the second quarter rose 6 percent to $702 …

BURBANK, August 2: The Walt Disney Company, which yesterday announced its acquisition of the kids’ virtual world Club Penguin, has reported an improved third quarter profit of $1.2 billion, a 4.7-percent gain, on revenues of $9 billion, a 6.7-percent rise …

LONDON, August 1: Edward Galton, previously with the French animation company Xilam, has been named the managing director of Cake Distribution. In his new role, Galton will be focused on steering the distribution company to further heights. His roles will …

CENTENNIAL, August 1: AZN Television, the Comcast-owned channel for Asian Americans, has acquired a number of new titles specifically for its Ghost Fest summer programming stunt, which commemorates the traditional Chinese Ghost Festival holiday. AZN has acquired films such as …