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AMC Networks Quarterly Profit Dips, Revenue Gains

August 7, 2014

NEW YORK: AMC Networks reported mixed Q2 financials, with revenue rising thanks to its national-networks division, while profit took a hit. Second-quarter revenue rose 38 percent to $522 million. This was led by an 8.7-percent gain from its national networks …

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21st Century Fox Withdraws Time Warner Bid

August 6, 2014

NEW YORK: 21st Century Fox has withdrawn its proposal to acquire Time Warner, with Rupert Murdoch citing an unwillingness from the company to "engage with us to explore an offer which was highly compelling." Murdoch, 21st Century Fox’s chairman and …

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Feature Films, Consumer Products Lift Disney Q3

August 6, 2014

BURBANK: On the back of strong gains at its studio entertainment and consumer-products division, The Walt Disney Company reported third-quarter revenues that were 8 percent higher at $12.5 billion and a net profit that was up by 22 percent to …

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Time Warner Profit Up on HBO, Turner Gains

August 6, 2014

NEW YORK: Time Warner's second-quarter profit rose to $850 million as the company reported gains at HBO and Turner, with total revenues increasing by 3 percent to $6.8 billion. The results come a day after 21st Century Fox announced it …

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Viacom Revenues Down in Q3

August 6, 2014

NEW YORK: Declines at its filmed entertainment segment led to a 7-percent drop in Viacom's revenues in the third quarter to $3.4 billion, with net earnings from continuing operations down 6 percent to $611 million. Filmed entertainment revenues fell by …

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MarVista Digital Ties Up with iN DEMAND in VOD Deal

August 6, 2014

LOS ANGELES: MarVista Digital Entertainment (MVDE) has entered into a distribution agreement with iN DEMAND that sees its content become available across a number of key VOD outlets in the U.S. The pact brings the company's new releases and library …

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Toby Melling Rejoins ITVS GE as VP of Sales

August 5, 2014

LONDON: ITV Studios Global Entertainment (ITVS GE) has hired Toby Melling, who previously worked for the company, as its VP of sales for Northwest EMEA, effective next month. In his new role, Melling will report to Dan Gopal, ITVS GE's …

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AMC Going Global Through MGM Channel Rebrand

August 4, 2014

NEW YORK: AMC Networks is rebranding its MGM Channel as AMC, which will be rolling out across Europe, Latin America, Asia, Africa and the Middle East. The rebrand will mark the first distribution for the flagship AMC channel outside of …

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Walt Disney Company Enters Two New Carriage Pacts

August 4, 2014

LENEXA/BRISTOL/ST. LOUIS: The National Cable Television Cooperative (NCTC) has secured a distribution agreement to deliver content from The Walt Disney Company, which has also signed a similar deal with Suddenlink. As part of a multiyear deal, the NCTC will introduce …