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NEW YORK: GroupM has revised its biannual worldwide advertising spending forecast for 2013 downward to $507 million, reflecting a 3.4-percent growth rate compared to the 4.5-percent rate predicted in December of last year. The downward revision was attributed to continued …

LONDON: Revenues from on-demand movies and TV programs are expected to reach $6 billion in 2018, up 44 percent from 2012, led mainly by the developing markets in Asia, according to Digital TV Research. On-demand TV generated only 2.3 percent of the $184 …

NEW YORK: The International Academy of Television Arts & Sciences has revealed the nominees for the 2013 current affairs and news categories, the winners of which will be announced on October 1. The eight nominees are from Brazil, Germany, Romania, …

LOS ANGELES: SDI Media has signed a three-year deal to localize content for the TRACE Sports channel, covering dubbing, subtitling and other media services. TRACE Sports is an entertainment and lifestyle channel dedicated to sports celebrities. The channel has carriage …

TORONTO: Peace Point Rights has taken on representation for content from Muse Entertainment’s catalogue, including JFK: The Smoking Gun, in select territories. The scripted drama Played and the feature-length doc JFK: The Smoking Gun will both be represented by Peace …

BURBANK: The Walt Disney Company reported third-quarter profit of $1.85 billion, up just 1 percent from the $1.83 billion in the same period last year, helped in large part by revenue and profit gains at its theme parks. Revenue grew …

NEW YORK: In its first set of financials after being split from News Corp.’s publishing operations, 21st Century Fox reported full-year revenues of $27.7 billion, reflecting a 10-percent gain, with a profit of $6.82 billion. In Q4, meanwhile, revenues were …

NEW YORK: David Levy has been named president of Turner Broadcasting System, adding oversight for the company’s domestic entertainment and animation and young adult portfolios. Levy now has oversight for all creative and business activities for TBS, TNT, Turner Classic …

LOS ANGELES: Gaumont International Television has made three new hires, including Carol Trussell joining as head of production. Trussell has worked on Roswell, What About Brian and True Blood. She also worked on Hannibal for Gaumont and NBC. In her …

NEW YORK: Jason Priestley sat down with World Screen to discuss his career and how he was able to break out from the role that put him on the map in Beverly Hills, 90210.   He is best known as …