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Bancrofts Agree to Support News Corp. Bid

August 1, 2007

NEW YORK, August 1: News Corporation has succeeded in its $5.6-billion takeover bid for Dow Jones & Company, with the Bancroft family, holding 37 percent of the publisher’s voting stock, agreeing to the buyout following the board’s approval last month. …

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Time Warner Delivers 5-Percent Profit Gain

August 1, 2007

NEW YORK, August 1: Time Warner’s second-quarter revenues grew 5.2 percent to $1.1 billion, on revenues of $11 billion, a 6-percent gain, driven in part by the cable segment. Consolidated subscription revenues for the company were up 10 percent to …

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TF1 Delivers Revenue and Profit Gains

August 1, 2007

BOULOGNE, August 1: For the first half of this year, TF1’s revenues grew 3.2 percent to 1.4 billion euros, delivering a net profit of 185.7 million euros, an 8.3 percent gain on the same period last year. French broadcasting revenues …

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RCTV Faces Being Yanked Off the Air, Again

August 1, 2007

CARACAS, August 1: Venezuelan network RCTV, which launched on cable after its free-TV license was not renewed, may be yanked off the air again if it doesn’t register as a “national producer,” a position that would require it to carry …

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Lionsgate Inks $400-Million Filmed Entertainment Financing Deal

August 1, 2007

SANTA MONICA/VANCOUVER/MONTREAL, August 1: Lionsgate has secured a four-year, $400 million filmed entertainment slate financing agreement with Societe generale de financement du Quebec (SGF), the provincial government’s investment arm, for the production of television series and feature films in Quebec. …

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Discovery Communications Acquires Eco-Lifestyle Website

August 1, 2007

SILVER SPRING, August 1: As part of its global, multiplatform, environmentally friendly initiative Planet Green, Discovery Communications has acquired the eco-lifestyle website TreeHugger.com. TreeHugger.com was founded in 2004 by Graham Hill with the mission of bringing green living to the …

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Ex-CHUM Exec. Joins NBCU

August 1, 2007

LONDON, August 1: Roma Khanna, previously with Canada’s CHUM Television, has been named the president of global networks and digital initiatives at NBC Universal International, based in London. Reporting to Peter Smith, the president of NBC Universal International, Khanna will …

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Disney-ABC International Television Inks French VOD Deal

August 1, 2007

PARIS, August 1: A variety of movies from Disney-ABC International Television are now available on CANAL+ Group’s VOD platform CanalPlay, including recent releases like Pirates of the Caribbean: Dead Man's Chest and 170 library titles. The contract began in July …

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Viacom Launches Mobile Entertainment Social Network in Japan

August 1, 2007

TOKYO/SINGAPORE/HONG KONG, August 1: Viacom International Japan has launched myMTV, the first mobile entertainment social networking service in Japan, which will be free of charge to consumers and available on three mobile operators: NTT DoCoMo, KDDI and Softbank Mobile. The …

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NBCU, Verizon Wireless Ink Mobile Deal

August 1, 2007

BASKING RIDGE/ENGLEWOOD CLIFFS, August 1: NBC Universal (NBCU) has reached a deal to make a range of short-form video content from its suite of channels available on demand through Verizon Wireless’ mobile V CAST service. V CAST customers with select …