Top Stories

TOKYO, May 16: Sony Corporation has reported a full-year profit of $1.1 billion, a 2.2 percent gain on the previous year, but has recorded a $573 million net loss for the fourth quarter. For the fiscal year that ended March …

SANTA MONICA, May 16: GSN has named Frank Cartwright to the newly created position of VP of online entertainment, reporting to John P. Roberts, the senior VP of digital media and interactive entertainment. Based in GSN's Santa Monica offices, Cartwright …

NEW YORK, May 16: CBS is adding just five new series to the fall schedule—three dramas, one comedy and one reality show—and has renewed 17 shows for the season, among them the comedies How I Met Your Mother, Rules of …

PARIS, May 16: According to a new report from Euroconsult, thematic TV channels worldwide will deliver $120 billion in revenues in 2016, up from the $57 billion recorded in 2006, itself a 9-percent gain on the previous year. The report, …

UNIVERSAL CITY/WARSAW, May 16: Universal Pictures has reached a deal to launch its subscription-video-on-demand service PictureBox on ITI Neovision’s “n” platform in Poland this September. Poland is the second country to launch PictureBox, following the U.K.’s worldwide premiere of the …

PARIS, May 16: Vivendi Universal has delivered first-quarter revenues of 5 billion euros, a 5.3 percent gain on the previous year, with a net income of 771 million euros, a 22.8-percent improvement. Canal+ Group reported revenues of 1.1 billion euros, …

LONDON, May 16: Publisher Thomson Corp. has reached a deal to buy Reuters in a $17.2 billion deal to create the world’s leading provider of financial news and data. The deal is still pending regulatory clearance and shareholder approval, and …

NEW YORK, May 16: At Telemundo’s Upfront presentation at New York City’s Radio City Music Hall last night, the broadcaster’s president, Don Browne, conceded that the network’s ratings were not where he wanted them to be, but promised to grow …

NEW YORK, May 16: HBO, in conjunction with the interactive advertising agency Deep Focus, has teamed up with MySpace and other online video-sharing sites to make the pilot episode of its new prime-time comedy series Flight of the Conchords available …

PARIS, May 16: Lagardère  Active has merged two divisions— Lagardère Networks International (LNI) and Lagardère Images International (LII)—to form Lagardère Television International (LTI). Lagardère Networks International (LNI) manages the international distribution of branded thematic television channels of Lagardère Active, AB …