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Second Quarter Revenues and Profit Fall at TV Azteca

July 24, 2007

MEXICO CITY, July 24: TV Azteca has reported second quarter revenues of Ps. 2.2 billion ($206.9 million), a 19-percent drop on last year, with net profit down 68 percent to Ps. 218 million ($20.2 million). "Comparables are particularly difficult this …

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Virgin America, Current TV Announce In-flight Partnership

July 24, 2007

BURLINGAME, July 24: The new U.S. airline Virgin America, which will start domestic service on August 8, has reached a deal to feature an exclusive content channel from the San Francisco-based young adult-targeted Current TV on Red, its in-flight entertainment …

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GONG Surpasses 20-Million Distribution Mark

July 23, 2007

LONDON/PARIS, July 23: Nearly six months since its launch, the on-demand Japanese animation channel GONG is now available to 20 million individuals via the Internet or mobile in 36 countries across Europe and North America. On the peer-to-peer-based Internet TV …

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4Kids Entertainment Acquires Di-Gata Defenders

July 23, 2007

NEW YORK, July 23: 4Kids Entertainment has secured the television broadcast and merchandising rights from Nelvana Enterprises for the 2-D animated action-adventure series Di-Gata Defenders. The series will premiere on July 28 on the Saturday morning programming block 4Kids TV …

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Taffy Entertainment Increases Scandinavian Presence

July 23, 2007

PARIS, July 23: Taffy Entertainment has sold eight children’s titles to key broadcasters and cable channels throughout Scandinavia, including a package of five series to free-TV channel NRK in Norway. NRK has acquired Dive Olly Dive!, SamSam, ToddWorld, Insectoscope and …

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Redstone Takes Family Feud Public

July 23, 2007

LOS ANGELES/NEW YORK, July 23: In a letter to Forbes magazine, Viacom and CBS Corporation’s executive chairman, Sumner Redstone, criticized his daughter Shari, who serves as the vice chair of both companies. The elder Redstone sent the letter to the …

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Cisneros Provides Details on 2004 Meeting with Chávez

July 23, 2007

CARACAS, July 23: Gustavo Cisneros, the chairman and CEO of the Cisneros Group of Companies, has released details about a controversial meeting he had in 2004 with Venezuelan President Hugo Chávez and former U.S. President Jimmy Carter, asserting that “no …

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NBC Dominates at TCA Awards

July 23, 2007

LOS ANGELES, July 23: On Saturday night, NBC garnered the most trophies—four—at the 23rd Television Critics Association (TCA) Awards at The Beverly Hilton Hotel in Beverly Hills, including Outstanding Program of the Year for the drama Heroes. The awards ceremony …