Top Stories

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, …

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 …

STOCKHOLM, August 9: Viasat Broadcasting has secured the exclusive rights to broadcast in Hungary and Slovenia the next five seasons of EHF Champions League in handball, beginning this September. From the start of the 2007-2008 season in September, Viasat3 in …

LONDON, August 9: HIT Entertainment has appointed Orchard Books as its publishing partner in the U.K. for the girl-skewing animated property Rainbow Magic. Over a five-year period, Orchard Books, who published the original Rainbow Magic books, will publish all English-language …

NORWALK, August 9: CABLEready has finalized deals for a wide variety of its non-fiction programming in Australia, Asia and the Middle East, including a significant package going to Crime & Investigation Network in Australia. In the deal with Crime & …

LONDON, August 9: Turner Broadcasting System (TBS) has tapped wireless entertainment provider GlobalFun as the pan-European distributor for mobile games based on the Adult Swim series The Brak Show and the Cartoon Network series Johnny Bravo. The deal follows a …

LONDON/NEW YORK, August 9: Darlow Smithson Productions, an IMG Media company, has appointed A&E Television Networks veteran Didi O’Hearn as VP of U.S. productions, based in IMG’s New York offices, to support the company’s continued growth in the American market. …

LUXEMBOURG, August 8: Users of the online telephony service Skype can now share videos with each other, via the company’s new partnerships with Dailymotion and Metacafe. Skype 3.5 for Windows lets users download videos from these sites and add them …

NEW YORK, August 8: According to a new report released by private equity firm Veronis Suhler Stevenson (VSS), total communications spending expanded in the 2001-2006 period to a record $885.2 billion, driven by gains in spending on alternative advertising, as …

LONDON, August 8: ITV has posted a 5-percent fall in advertising revenues for the first half of this year to £717 million, with total revenues down 7 percent to £1,004 million, resulting in a 31-percent fall in net profit to …