Top Stories

NEW YORK: For the first quarter of 2015, Viacom's net earnings were down 9 percent to $500 million, as domestic ad revenue fell 6 percent. Quarterly revenues rose 5 percent to $3.34 billion, led by increases across the business. Media …

TORONTO/LOS ANGELES: John Morayniss, the CEO of Entertainment One (eOne) Television, has signed a new long-term contract to remain with the company through 2018. Morayniss will continue to oversee all aspects of eOne Television's development, production, financing, licensing and worldwide …

NEW YORK: Bolstered by a strong overall economy, New York is projected to be the top entertainment & media (E&M) spender as it overtakes Tokyo by 2018, according to a new PwC Cities of Opportunity: The Urban Rhythm of Entertainment …

LONDON: Andreas Lemos has been elevated from VP of acquisitions at Zodiak Rights to VP of sales for North America, acquisitions and co-productions at the company. Lemos has been with Zodiak Rights since 2011, working primarily on third-party acquisitions in …

LOS ANGELES: BoPaul Media Worldwide (BMW) has signed agreements for four titles from its catalogue, which currently contains more than 2,000 hours of content. The pay-TV rights for Zorro, the Gay Blade, led by George Hamilton, have been snapped up …

PARK CITY: Sundance Channel Global has picked up five films from the 2015 Sundance Film Festival, with the five indie features set to air across various international territories. The lineup is scheduled to premiere on Sundance Channel in the spring. …

MIAMI: Rod Perth, the president and CEO of NATPE, tells World Screen Newsflash that the events of the three-day market and conference in Miami were “very gratifying” in that they truly exemplified the theme of “Content Without Borders.” Perth said …

NEW YORK: Sports networks will continue to drive up costs for pay-TV platforms, an SNL Kagan study indicates, with the average fee per channel haven risen by a compound annual growth rate of 5.1 percent since 2000 and a 7.3 …

DALLAS: Parks Associates estimates that 17 percent of U.S. broadband homes are likely to subscribe to HBO's stand-alone OTT service, with the upcoming platform set to "create competitive challenges for all ecosystem players, including Netflix, Amazon and pay-TV providers." The …

MANHATTAN BEACH: Indie producer Eyeworks USA, which was originally founded as 3 Ball Productions, is rebranding as 3 Ball Entertainment, putting in place a new corporate structure. The name change follows Warner Bros.’ 2014 acquisition of the Eyeworks Group of …