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Judy McGrath Steps Down at Viacom

May 5, 2011

NEW YORK: After three decades with the company, Judy McGrath is stepping down as chairman and CEO of MTV Networks, a position the company says will not be filled following her departure. McGrath joined MTV in 1981 as a copywriter and rose through …

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News Corp. Net Profit Down 24 Percent

May 5, 2011

NEW YORK: On revenues of $8.3 billion, News Corporation saw its third-quarter profit fall 24 percent to $639 million as compared with the same period in 2010, which included the release of the megahit Avatar. "As we anticipated, News Corporation’s third …

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Zaslav to Open Discovery’s U.S. Hispanic Upfront

May 5, 2011

MIAMI: David Zaslav, the president and CEO of Discovery Communications, is slated to kick off the upcoming U.S. Hispanic Upfront presentation for Discovery en Español and Discovery Familia, discussing the corporate commitment to serving this market segment. The 2011-12 Upfront …

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Hot Docs Highlights Distribution Deals

May 5, 2011

TORONTO: Hot Docs, the documentary film festival in progress until May 8, has played host to a number of film distribution deals. Films We Like secured the Canadian rights to The Ballad of Genesis and Lady Jaye, which centers on …

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DIRECTV Delivers Improved Q1 Results

May 5, 2011

EL SEGUNDO: With strong subscriber gains at its U.S. and Latin American platforms, DIRECTV’s first-quarter revenues rose 13 percent to $6.32 billion, with net profit rising 21 percent to $674 million. "Building on the momentum of one of our best …

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Networks Agree to New Emmys Broadcast Deal

May 5, 2011

LOS ANGELES: The Academy of Television Arts & Sciences has signed a $66 million eight-year deal with ABC, CBS, FOX and NBC for the broadcast rights to the Primetime Emmy Awards. The Academy’s contract with the four broadcast networks to televise …

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Food Network Picks Up Gino v Britain for U.K.

May 5, 2011

LONDON: Food Network has snapped up the cooking challenge show Gino v Britain and will air the series on its U.K. channel and across EMEA. The 15×30-minute series is presented by Claire Sweeney and TV chef Gino D’Acampo and pits …

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Video Interview: Mediaset’s Patricio Teubal

May 5, 2011

NEW YORK: Patricio Teubal, head of sales for Mediaset Distribution, talks about the core strengths of the recently launched channel Mediaset Italia, as well as reasons for its rapid take-up, in addition to outlining the company’s goals for its international business and …

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3net Enters Marketing Tie-Ups with XPAND 3D & Sony Electronics

May 5, 2011

CULVER CITY: A new multi-year agreement sees 3net aligning with XPAND 3D and Sony Electronics for a series of multimedia promotions, program sponsorships, short-form programming and integrated marketing initiatives. 3net will work with the respective marketing, sales and product teams …