Top Stories

LONDON, March 11: BBC Worldwide has promoted Marcus Arthur to its board as the managing director of global brands, effective March 31. Arthur is currently the managing director of BBC magazines (London) and digital delivery. In his new role, he …

NEW YORK, March 11: Jeffrey Immelt, the chairman of General Electric, has confirmed to the company’s shareholders that NBC Universal is not for sale. According to The New York Times, in a message to shareholders in GE’s annual report, which …

BUENOS AIRES, March 11: As part of MTV Networks Latin America’s regionalization strategy in South and Central America, Paula Guerra has been promoted to senior VP and managing director of MTV Networks Argentina. In the newly-created post, Guerra will oversee …

WILMINGTON, March 11: The battle between longtime business partners John Malone and Barry Diller headed into court yesterday, as Liberty Media fights to take control of IAC/InterActiveCorp. Diller is seeking to break IAC up into five companies, a move that …

ATLANTA, March 11: Turner Broadcasting has appointed Paul Condolora the senior VP of digital for its animation, young adults and kids media group. In his new role, Condolora will head up development and implementation of the digital strategy and product …

LONDON, March 11: Global net TV ad revenues are set to rise 5.8 percent this year to reach $123 billion, according to a new report, led in part by the Olympic Games. The net figures reflect only what was received …

NEW YORK, March 11: Howard Smith has been promoted to executive VP of Nickelodeon Recreation, the global division that operates the company’s live tours, theme parks, hotels and cruises. Smith most recently served as senior VP of the division, and …

MOSCOW/STOCKHOLM, March 11: Modern Times Group has reached a deal to sell DTV Group, its Russian free-to-air network, to CTC Media for $395 million. MTG owns 39.5 percent of CTC, which is Russia’s largest independent television broadcaster. The transaction is …

MIAMI, March 11: Telemundo International has promoted Karina Etchison to the position of VP of sales in Europe, Africa and the Middle East. Etchison will be based in Madrid, Spain, where Telemundo International operates and directs content distribution for the …

AMSTERDAM, March 11: The Dutch interactive TV and format outfit 2waytraffic has said that it is in “advanced negotiations” for a possible sale. The company, which acquired Celador International and the Who Wants to be a Millionaire? franchise at the …