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Peace Arch Delivers Revenue, Profit Gains

July 16, 2007

TORONTO, July 16: Peace Arch Entertainment Group has recorded third-quarter revenues of C$20 million, more than double the C$8.8 million reported in the same period last year, drawing a profit of C$1.9 million, versus Q3 2006’s loss of C$400,000. For …

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NBCU Profit Up 2 Percent

July 16, 2007

NEW YORK/FAIRFIELD, July 16: Despite posting a 6-percent drop in revenues, NBC Universal’s profit for the second quarter rose 2 percent to $904 million. The company’s revenues fell 6 percent to $3.6 billion for the quarter, and 15 percent for …

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HGTV Chief to Retire

July 16, 2007

KNOXVILLE, July 16: Judy Girard will step down as the president of HGTV, the largest among the portfolio of Scripps Networks’ lifestyle channels, at the end of this year. "I have had an amazing time in television, and feel extremely …

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Televisa Secures Approval for Cable Platform Acquisition

July 16, 2007

MEXICO CITY, July 16: Grupo Televisa has received approval to acquire 49 percent of Mexico’s second-largest cable platform, Cablemas, on the condition that it makes its free TV channels available to all pay-TV operators in the country. A Bloomberg report, …

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New Nick Jr. Series to Teach Mandarin

July 16, 2007

LOS ANGELES, July 16: This October, Nick Jr. will launch Ni Hao, Kai-Lan, a new half-hour interactive series that introduces preschoolers to the Mandarin language. The series, launching during Nickelodeon’s preschool block on October 22, offers 2- to 5-year-olds the …

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NBC Tweaks Fall Schedule, Unveils New Development Deals

July 16, 2007

LOS ANGELES, July 16: Ben Silverman, the new co-chairman of NBC Entertainment and Universal Media Studios, issued a raft of announcements at the Television Critics Association (TCA) press tour today, including tweaks to NBC’s fall schedule and several new programming …

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Reed MIDEM Lines Up Keynote Speakers for MIPCOM

July 16, 2007

PARIS, July 16: Seven industry leaders are slated to deliver keynote speeches at MIPCOM this October, including Leslie Moonves, CBS Corporation’s president and CEO, and Emilio Azcárraga, the chairman and CEO of Grupo Televisa. Moonves, this year’s MIPCOM Personality of …

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FremantleMedia Enterprises Racks Up Deals In Asia

July 16, 2007

LONDON, July 16: FremantleMedia Enterprises (FME) has secured a number of high-volume broadcast deals across Asia, including a package totaling 142 hours with Malaysia’s Media Prima. The Media Prima deal covers 142 hours of comedy, drama, lifestyle and factual programming. …

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Providence Eyes Virgin Media

July 16, 2007

LONDON, July 16: Private equity firm Providence is said to be gearing up to make a bid for British quad-play provider Virgin Media, which announced earlier this month that it was exploring strategic alternatives for the company, including a possible …