Top Stories

NEW YORK, June 22: General Electric and Pearson have decided not to pursue the acquisition of Dow Jones & Company, publisher of The Wall Street Journal, pushing News Corporation’s $5-billion bid for the company closer to success. In a statement, …

LOS ANGELES, June 22: ABC News claims it was outbid by NBC News for Paris Hilton’s first post-prison interview; NBC executives, meanwhile are denying that the network offered the heiress a reported $1 million for an exclusive appearance on the …

TORONTO, June 22: FUN Technologies, which specializes in online gaming and fantasy sports content, is forming an independent committee to consider a buyout offer from Liberty Media. Liberty Media currently owns 53 percent of the company and has offered to …

BETHPAGE, June 22: Cablevision Systems Corp. has announced that by the end of this year, it will have the capability to carry more than 500 channels of HD programming on its advanced fiber-optic network, led by the addition of 15 …

ATLANTA, June 22: TBS has acquired the rights to NBC’s highest-rated sitcoms, My Name is Earl and The Office. The deal with Twentieth Television brings My Name is Earl to the cable network in September 2009. Also included in the …

NEW YORK, June 22: To celebrate the U.S. and international success of Heroes and to promote the launch of season one on DVD and HD DVD, NBC Universal is sending the show’s cast on a world tour at the end …

LOS ANGELES, June 22: Lifetime Television has greenlit a new original movie with the working title Custody, starring Numb3rs’ Rob Morrow and Desperate Housewives’ James Denton. The movie will premiere on Lifetime this September. Custody features Morrow as a widowed …

NEW YORK, June 21: According to PricewaterhouseCoopers, the global entertainment and media industry will increase at a compound annual growth rate of 6.4 percent to $2 trillion in 2011, with the Internet, TV platforms and video games as the fastest-growing …

STAMFORD, June 21: World Wrestling Entertainment (WWE) has secured new deals with free- and pay-TV broadcasters in Poland, Serbia, Greece and Turkey, totaling 196 hours of original programming to these four new markets. In Poland, WWE Raw will be broadcast …

BUDAPEST, June 21: At a dinner celebrating DISCOP's 15th anniversary, the guest of honor, Central European Media Enterprises’ (CME) CEO, Michael Garin, offered the sobering prediction that in ten years' time, ad-supported networks will disappear and TV executives had better …