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Lifetime Acquires Korean-Based

November 11, 2008

NEW YORK, November 11: Lifetime Networks is ramping up its digital-media business with the acquisition of Korea's Roiworld.com, a teen-targeted casual gaming site, with a U.S. version of the popular destination slated to launch early next year. The Korean version …

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Virgin Media Preps Job Cuts

November 11, 2008

LONDON, November 11: British cable platform Virgin Media is planning to eliminate about 2,200 positions by 2012 as part of a restructuring initiative. The move is intended to improve the efficiency of the business and improve cash flow by up …

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Lionsgate's Revenues Rise 8 Percent

November 11, 2008

SANTA MONICA, November 11: Narrowing its net loss to $48.1 million for the second quarter, from last year's $58 million, Lionsgate posted an 8-percent increase in revenues to $380.7 million. The gain was attributed to growth in the independent studio's …

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Bertelsmann Delivers Profit Gains

November 11, 2008

GÜTERSLOH, November 11: For the first nine months of the year, Bertelsmann has reported a profit of 387 million euros, almost triple that of the year-ago period. Revenues, meanwhile, were flat at 11.4 billion euros, while operating EBIT was down …

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Cookie Jar Promotes Consumer-Products Execs

November 11, 2008

BURBANK, November 11: Lisa Streff, Vince Marchica and Christy Cohen have all been upped in their roles within Cooke Jar Entertainment's consumer-products division, based in the company's Burbank office. Streff has been promoted to senior VP of domestic consumer products. …

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HIT Bolsters North American, Latin American Teams

November 11, 2008

NEW YORK, November 11: HIT Entertainment has made several key appointments and promotions for its businesses in North America and Latin America, all of which will be united under one division, reporting to Pam Westman, the executive VP of consumer …

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Image Takes On New Romantic Comedy

November 11, 2008

CHATSWORTH, November 11: Image Entertainment has acquired all U.S. rights for the film Management, which stars Jennifer Aniston, Steve Zahn and Woody Harrelson, from Sidney Kimmel Entertainment. Image will handle all theatrical, home video, digital, television and pay-per-view rights for …

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Dijimon Hounsou to Voice Marvel Superhero

November 11, 2008

NEW YORK, November 11: Two-time Academy Award-nominated actor Dijimon Hounsou has signed on as the voice of the iconic Marvel superhero The Black Panther for an upcoming animated series based on the character that is set to premiere on BET …

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Total Drama Island Finds U.K. Home

November 11, 2008

HILVERSUM, November 11: Jetix Europe has signed a deal with Cake Distribution to broadcast the tween sitcom Total Drama Island on its U.K. channel. Created by Jennifer Pertsch and Tom McGillis and produced by Fresh TV for TELETOON in Canada, …

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ER Celebrates 75 Years of The Lone Ranger

November 11, 2008

NEW YORK, November 11: This year marks the 75th anniversary of The Lone Ranger entertainment franchise, and Entertainment Rights (ER) is kicking off its celebration with new collectible merchandise, live events and the release of The Lone Ranger 75th Anniversary …