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Revenues Up 13 Percent at Viacom

August 2, 2007

NEW YORK, August 2: Second-quarter revenues at Viacom were $3.19 billion, a 13-percent increase, but profit remained flat at $434 million, down 1 percent on last year’s $437.3 million. Operating income in the second quarter rose 6 percent to $702 …

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SPTI Ups Yim to China Post

August 2, 2007

BEIJING, August 2: Sony Pictures Television International (SPTI) has promoted Annie Yim to executive director of licensing for Greater China from her previous role as director of licensing for Asia. Yim will relocate from Hong Kong to Beijing. In her …

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Mattel Recalls 1.5 Million China-Made Toys

August 2, 2007

EL SEGUNDO, August 2: Mattel has announced a recall of 1.5 million Fisher-Price toys made in China featuring Sesame Street and Nickelodeon characters over concerns about lead paint, in a move that is expected to cost the toy giant $30 …

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Japanese TV, Music, Film Coalition Targets YouTube

August 2, 2007

TOKYO, August 2: A coalition of Japanese TV, film and music companies has lashed out at YouTube, according to the Associated Press, accusing the Google-owned site of not doing enough to remove pirated clips. There is a host of bootleg …

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Q2 Revenues at CME up 38 Percent

August 2, 2007

HAMILTON, August 2: Central European Media Enterprises has reported its results for the second quarter, with revenues up 38 percent to $216.3 million and a net income of $34.6 million, triple the $8.5 million recorded in Q2 last year. For …

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Profit Halves at WWE

August 2, 2007

STAMFORD, August 2: World Wrestling Entertainment’s second-quarter profit fell from $14.7 million last year to $7 million, despite improved revenues of $137.5 million, as a result of a one-time impairment charge. Earnings in the quarter were negatively impacted by a …

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MySpace Inks Exclusive LonelyGirl15 Deal

August 2, 2007

LOS ANGELES, August 2: The season finale of the popular interactive online drama LonelyGirl15 will air exclusively on MySpace tomorrow, the News Corporation-owned social networking site announced today. The season one finale, "12 in 12," will be available on MySpaceTV …

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Virgin 1 Acquires FX’s The Riches

August 2, 2007

LONDON, August 2: In a multi-million pound deal, Virgin 1, a new U.K. entertainment channel from Virgin Media Television launching this fall, has acquired the FX drama series The Riches from Twentieth Century Fox Television Distribution. The 13×1-hour first season …

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Ex-CHUM Exec. Joins NBCU

August 1, 2007

LONDON, August 1: Roma Khanna, previously with Canada’s CHUM Television, has been named the president of global networks and digital initiatives at NBC Universal International, based in London. Reporting to Peter Smith, the president of NBC Universal International, Khanna will …