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Half-Year Net Profit at M6 Up 7.6 Percent

July 24, 2007

NEUILLY SUR SEINE, July 24: French broadcaster M6 has delivered a net profit of 108.1 million euros for the first half of this year, a 7.6 percent gain on the same period in 2006. Revenues for the company were up …

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NBC Faces Lawsuit Over Dateline Special

July 24, 2007

NEW YORK, July 24: According to wire reports, NBC Universal is being sued for $105 million by a woman whose brother committed suicide after being caught on the newsmagazine Dateline NBC: To Catch a Predator. The AP reports that Patricia …

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De Agostini To Acquire Marathon

July 24, 2007

MILAN, July 24: Italy's De Agostini is expanding its media and communications unit with the acquisition of the Marathon Group from private equity firm Bridgepoint Capital and the company’s senior management for an undisclosed sum. De Agostini Communications already owns …

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Schouwenaar Tapped as New CEO of Endemol

July 24, 2007

HILVERSUM, July 24: Former Endemol chief Aat Schouwenaar has been nominated to serve as the new CEO and chairman of the company, succeeding Elías Rodriguez-Viña. The move comes following the sale of the company  to Mediaset, John De Mol’s Cyrte …

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Five Launches Viewer Trust Initiative

July 24, 2007

LONDON, July 24: The fallout from RDF’s botched trailer for the BBC’s documentary on the Queen continues, with Five announcing that it will be conducting a review of its procedures and will co-author a handbook for independent producers with Channel …

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Revenues, Profit Up at MTG

July 24, 2007

STOCKHOLM, July 24: Second quarter revenues at the Modern Times Group rose 10 percent to SEK 2.8 billion ($426.7 million), delivering a profit of SEK 362 million ($54.3 million), a 4-percent year-on-year gain. For the quarter, Viasat Broadcasting’s revenues increased …

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Drew Carey Named New Host of The Price Is Right

July 24, 2007

LOS ANGELES, July 24: On a taping of Late Show With David Letterman yesterday, actor and comedian Drew Carey revealed that he had just signed on as the new host of The Price Is Right game show on CBS, succeeding …

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Turner Broadcasting, IPC Media Launch NutsTV

July 24, 2007

LONDON, July 24: Turner Broadcasting System (TBS) and IPC Media will launch NutsTV in the U.K., a new male-targeted multiplatform television channel inspired by Nuts, a British weekly men’s magazine. The new channel is slated to launch initially as a …

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Second Quarter Revenues and Profit Fall at TV Azteca

July 24, 2007

MEXICO CITY, July 24: TV Azteca has reported second quarter revenues of Ps. 2.2 billion ($206.9 million), a 19-percent drop on last year, with net profit down 68 percent to Ps. 218 million ($20.2 million). "Comparables are particularly difficult this …