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Lionsgate Records $53.1 Million Loss

August 10, 2007

SANTA MONICA, August 10: As a result of increased theatrical marketing expenses, Lionsgate has delivered a first-quarter loss of $53.1 million versus last year’s loss of $3.6 million, despite a 15-percent increase in revenues to $198.7 million. The company said …

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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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SPTI Acquires European Format Rights to Korean Drama

August 10, 2007

HONG KONG, August 10: Sony Pictures Television International (SPTI) has secured the format rights for Europe to the Korean drama series Hyena from CJ Media. The deal marks the first time that SPTI has acquired a scripted format from the …

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Disney Channel Localizes HSM2 Rollout for Asia Pacific

August 10, 2007

HONG KONG, August 10: In an effort by Disney Channel to step up its localization efforts for High School Musical 2, the sequel’s soundtrack released across the Asia Pacific will include several songs re-recorded by Asian artists. The High School …

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Soccer, Rugby Programming Now Available on Shaw

August 10, 2007

CALGARY, August 10: Shaw Communications has announced that coverage of the English Premier League, the Rugby World Cup and the Aussie Football League will be available to Shaw Digital Cable customers and Star Choice’s DTH satellite customers in Canada via …