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Univision Sees Revenues Fall, Records Loss

August 10, 2007

NEW YORK, August 10: For Univision Communications in the second quarter, revenues fell 7 percent to $562.2 million and the Hispanic broadcaster recorded a $19.5 million loss, as compared with its profit of $107.4 million in the year-ago period. The …

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Veoh Seeks Court Protection from UMG Suit

August 10, 2007

NEW YORK, August 10: The online video service Veoh says it is seeking court protection against any copyright infringement suits from Universal Music Group, in the face of “unreasonable threats” from the record company. Veoh said in a statement that …

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EchoStar Delivers Revenue and Profit Gains

August 10, 2007

ENGLEWOOD, August 10: EchoStar Communications Corporation, which operates the DISH Network platform, reported second-quarter revenues of $2.76 billion, up 11.9 percent, while profit rose 32.5 percent to $224 million. The satellite platform added 170,000 net new subscribers in the period, …

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£30,000 Fine for British Version of Deal or No Deal

August 10, 2007

LONDON, August 9: The U.K.’s premium-rate services regulator ICSTIS has levied a £30,000 fine against iTouch, which provides the phone services for Deal or No Deal on Channel 4. Viewers are charged £1 to call in and enter a competition …

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Discovery to Launch Green Initiative in Latin America

August 10, 2007

MIAMI, August 10: Discovery Networks in Latin America will launch Descubre el Verde, a multiplatform initiative promoting an eco-friendly lifestyle that kicks off with the premiere of Planet Earth: The Future on the Discovery Channel in the region tomorrow. The …

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Scripps Networks Enters UGC Arena With Incando

August 9, 2007

KNOXVILLE, August 9: Scripps Networks continues to bolster its online presence with the acquisition of Incando Corporation, whose assets include the personal media sharing service Pickle.com and the user-generated content management platform Powered by Pickle. The acquisition marks Scripps Networks’ …

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4Kids Posts Q2 Loss

August 9, 2007

NEW YORK, August 9: In the second quarter, 4Kids Entertainment recorded a net loss of $2.2 million, as compared with last year’s profit of $34,000, with revenues down 28 percent to $12 million. For the six months ended June 30, …

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MTV Networks, Alltel Wireless Strike Mobile Entertainment Deal

August 9, 2007

NEW YORK/LITTLE ROCK, August 9: Alltel Wireless has reached a deal to offer its customers a suite of mobile content from Viacom’s MTV Networks (MTVN), including on-demand video, WAP sites, games and personalization features. MTVN will begin offering video from …