Top Stories

LONDON, March 5: ITV’s profit before tax for 2007 fell 35 percent to £188 million, while revenues were down 5 percent to £2.1 billion, but the commercial broadcaster was able to stabilize its ad revenues for the year. Total revenues …

HONG KONG, March 5: Turner Entertainment Networks Asia (TENA) has appointed Benjamin J. Grubbs as the regional director of interactive media, a newly created post. Grubbs will helm the division’s interactive development strategy by creating and executing more innovative, first-in-market …

LONDON, March 5: A new study from ABI Research says that subscribers to IPTV services worldwide numbered about 13.5 million last year but predicts that their ranks will grow to more than 90 million by the end of 2013. According …

LOS ANGELES, March 5: Generate, an independent multiplatform production and management studio co-founded by former WB Network CEO Jordan Levin, has secured $6 million in its first round of financing. The first round of financing was co-led by Velocity Interactive …

NEW YORK, March 5: In a two-year agreement, IFC Entertainment, a subsidiary of Rainbow Media Holdings, has granted Blockbuster the exclusive U.S. rental rights for its independent films. The agreement enables IFC Entertainment to reach a broader audience for its …

LONDON, March 5: FremantleMedia Enterprises’s (FME) home-entertainment division has entered into an agreement with digital entertainment download store Coolroom to offer its catalogue to customers. Episodes from classic series such as Dangermouse, Baywatch and Bless This House, along with specials …

DUNEDIN, March 5: In an effort to expand its presence and filmmaking opportunities in Asia, New Zealand-based production outfit NHNZ has bought into the Singaporean production company Beach House Pictures. NHNZ and Beach House have worked together regularly throughout the …

DALLAS, March 5: On March 9, HDNet will premiere The All-For-Nots, an original comedy series following a fictional indie band, which is produced by Michael Eisner’s independent new-media studio, Vuguru. The series’ March 9 premiere will air as a lead-in …

STUDIO CITY, March 5: Crown Media Holdings has renewed a distribution agreement for its Hallmark Channel with DIRECTV for a multi-year term. DIRECTV currently distributes Hallmark Channel to nearly 15 million homes. Additionally, DIRECTV will have the right to distribute …

ENGLEWOOD/HONG KONG, March 5: DISH Network has inked a deal to launch five STAR channels on the DISH Network platform, bolstering its existing South Asian and Chinese channel lineup. Beginning March 19, DISH Network will include two of STAR’s most-popular …