Top Stories

NEW YORK: Time Warner has won approval from bondholders of $12.3 billion in debt to amend covenants that restricted the company from spinning off AOL. Each bondholder who consented will receive a payment of $5 for each $1,000 in debt securities. …

LONDON: ITV plc’s executive chairman, Michael Grade, is suing Greg Dyke and The Times for libel over a piece the former BBC chief wrote in the British newspaper last month. The libel suit centers on the portion of the article, about ITV’s …

SAN BRUNO: YouTube has linked up with a range of content providers, including Sony, CBS, MGM and Lionsgate, to provide full-length TV shows and movies, supported by the video-sharing site’s new ad service. "This addition is one of many efforts underway to …

PARIS: TF1 Group has confirmed that it is in talks to acquire selected assets from the AB Group, which operates a slate of thematic channels. The discussions reportedly center around the DTT channels TMC and NT1, as the market-leading French …

DUBAI/BURBANK: MBC in the Middle East will have first-run access to all new TV shows distributed by Warner Bros. International Distribution from the 2008-09, 09-10 and 10-11 U.S. TV seasons, as part of a multiyear extension of their output deal. The Middle …

BURBANK: CBS has signed up for a 15th edition of the Emmy Award-winning reality series The Amazing Race for 2009-10, with the current season averaging almost 11 million viewers on Sunday nights. The show, which has won six Emmy Awards, is …

MONTE CARLO: A total of 20 comedies and 31 dramas from 22 countries have been nominated for Golden Nymph awards at the 49th Annual Monte Carlo Television Festival. The Festival is scheduled for June 7 to 11, wrapping with the Golden Nymph …

LONDON: Warner Bros. Consumer Products and Sony Pictures Consumer Products are among the latest companies to sign up as exhibitors at Brand Licensing Europe, set for September 30 to October 1 at Olympia’s Grand Hall in London. The organizers of the annual …

LONDON: Home, UKTV’s first lifestyle channel to relaunch, has picked up a raft of new and exclusive content to mark its rollout on April 30. Home went for seasons six and seven of Extreme Makeover: Home Edition from Endemol USA. …

LONDON: MTV Networks International has established a new unit within its Emerging Markets group that will work with partners to stage on-the-ground events across Russia, Central and Eastern Europe, the Middle East, Africa and India. The new business will be led by …