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German Watchdog Okays KKR/Permira ProSiebenSat.1 Deal

February 7, 2007

MUNICH, February 7: Germany’s Commission on Concentration in the Media (KEK) has cleared the purchase of ProSiebenSat.1 Media by the private equity firms Kohlberg Kravis Roberts & Co (KKR) and Permira. The greenlight from the German competition authorities follows yesterday’s …

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Cartoons on the Bay Moves to Salerno

February 7, 2007

FLORENCE, February 7: Cartoons on the Bay—The International Festival on Television Animation is moving from Positano to Salerno, Italy, for its 11th edition, taking place April 19 to 22. The competition, organized by Rai Trade, introduces a new Pulcinella Award …

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DIRECTV Reports 4Q Gains

February 7, 2007

EL SEGUNDO, February 7: The DIRECTV Group’s fourth quarter revenues increased 16 percent to $4.18 billion and net profit more than doubled to $356 million. “Fourth quarter results point to the continuing progress and operating strength at DIRECTV U.S. highlighted …

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NBC Universal Renews Reveille Deal

February 7, 2007

BURBANK, February 7: NBC Universal Television Group has entered into a new creative arrangement with Ben Silverman with a two-year deal that allows NBC and NBC Universal’s cable networks a first-look on all scripted and unscripted projects from Reveille. Besides …

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Zucker Calls on YouTube to Improve Copyright Protection

February 7, 2007

NEW YORK, February 7: On his first day as president and CEO of NBC Universal, Jeff Zucker criticized YouTube, accusing the Google-owned file-sharing site of failing to adequately protect copyrighted material. “YouTube needs to prove that it will implement its …

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LIME Launches on V Cast

February 7, 2007

BASKING RIDGE/NEW YORK, February 7: LIME, the multiplatform brand dedicated to healthy lifestyles, has expanded into the mobile space, launching its LIME: Healthy Living With A Twist broadband channel on Verizon Wireless’s V CAST video platform. Verizon Wireless V CAST …

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Viacom Looks to Exit Music Publishing Business

February 7, 2007

NEW YORK, February 7: Viacom has said that it is looking into offloading Famous Music, one of the top 10 music publishing businesses in the U.S. Viacom has retained UBS Investment Bank to act as financial advisor to assist in …

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APT Inks BBC Food Deal for New Scandinavian Cooking

February 7, 2007

BOSTON/LONDON, February 7: APT Worldwide has licensed the South African, Scandinavian and Middle Eastern basic and pay cable and satellite rights for two seasons of New Scandinavian Cooking to BBC Worldwide for broadcast on BBC Food. Produced by Tellus Works, …

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New Spanish-Language Station Set for March Rollout

February 7, 2007

NEW YORK, February 7: V-me, a new Spanish-language network, is slated to launch next month in major Hispanic markets in the U.S. in partnership with public TV stations across the country. V-me (pronounced "veh-meh") is the first venture announced by …