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NBC Universal’s Betts Joins BBC

May 2, 2007

LONDON, May 2: BBC Vision, the British public broadcaster’s multiplatform commissioning and content group, has named Nick Betts, previously with NBC Universal, as its head of commercial and business development. Reporting to Bal Samra, the director of BBC Vision operation …

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Time Warner Profit Drops

May 2, 2007

NEW YORK, May 2: Time Warner’s profit for the first quarter of this year slipped 18 percent to $1.2 billion, despite a 9-percent gain in revenues to $11.2 billion. At AOL, revenues fell 25 percent to $1.5 billion, due to …

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News Corp. Confirms Dow Jones Bid

May 2, 2007

NEW YORK, May 2: News Corporation, which is gearing up to launch its FOX Business Channel in the fourth quarter of this year, has confirmed that it has made a $5-billion offer to acquire the business and financial news provider …

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Sky Reports Strong Subscriber Gains

May 2, 2007

LONDON, May 2: BSkyB is hailing the success of its triple-play “See, Speak, Surf” initiative for the nine months that ended March 31, 2007, with net customer growth of 51,000, a 28-percent gain on the year-ago period, bringing the platform’s …

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Dolans Succeed in Taking Cablevision Private

May 2, 2007

NEW YORK, May 2: The Dolan family has reached an agreement to take Cablevision Systems Corporation private for $36.26 per share. The price of $36.26 per share represents a 34 percent premium on the Dolan Family Group's initial $27.00 per …

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M6 Reports a 10-Percent Increase in Revenues

May 2, 2007

NEUILLY SUR SEINE, May 2: French broadcaster M6 has posted first quarter revenues of 338.6 million euros, a 9.7-percent increase on the same period a year ago. M6 posted advertising revenues of 165.9 million euros, up 8.7 percent, while revenues …

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Joost Launches Commercially

May 1, 2007

NEW YORK, May 1: The Internet TV platform Joost announced its commercial launch today, along with new content deals with Turner Broadcasting System and Sony Pictures Television, among others. With today’s commercial launch, campaigns from 32 advertising partners will begin …

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Google Responds to Viacom Suit

May 1, 2007

MOUNTAIN VIEW, May 1: Viacom’s copyright infringement suit against Google “threatens the way hundreds of millions of people legitimately exchange information,” the Internet company is arguing in a U.S. federal court ruling. In March, Viacom filed suit seeking more than …

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Sony Pictures Entertainment Forms New International Production Unit

May 1, 2007

CULVER CITY, May 1: Sony Pictures Entertainment (SPE) has promoted Deborah Schindler to jointly run its newly created International Motion Picture Production department as president, along with Gareth Wigan, currently the vice-chairman of Columbia TriStar Motion Picture Group. Michael Lynton, …