Entertainment Industry
Abu Dhabi media firm in Natl Geographic tie-up (Reuters)
Reuters - State-owned Abu Dhabi Media Co (ADMC) said on Saturday it has tied up with National Geographic to produce up to 15 films focusing on human being's relationship with the world and environment. More »
NBC Universal takes Q3 loss on Olympics (Reuters)
Reuters - NBC Universal booked a loss on the Beijing Olympics in the third quarter, but will make a profit on the event once all is said and done, executives said Friday. More »
Viacom, CBS warn ad market sinking results (Reuters)
Reuters - Viacom Inc and CBS Corp warned that quickly deteriorating advertising sales would slash their profits, signaling that the financial crisis is hitting the media industry harder than previously thought. More »
Redstone company to sell 20 pct of CBS, Viacom stake (Reuters)
Reuters - National Amusements Inc, a privately held company controlled by Sumner Redstone, will sell more than 20 percent of its stake in Viacom Inc and CBS Inc to pay down debt to comply with its credit agreement covenants. More »
NBC loses money on Beijing Olympics (Reuters)
Reuters - NBC Universal lost money on the Beijing Olympics, executives of parent company General Electric said Friday. More »
FCC likely to recommend unlicensed spectrum use (Reuters)
Reuters - A battle between tech companies like Google Inc and broadcasters over use of soon-to-be vacant airwaves will heat up soon as U.S. regulators release an anticipated report on the issue. More »
NY State sues Arbitron over Portable People Meter (Reuters)
Reuters - New York State Attorney General Andrew Cuomo filed a lawsuit on Friday accusing Arbitron Inc, the largest ratings company for radio in the United States, of false advertising and deceptive business practices. More »
Netplay extends TV airtime deal with Turner Media (Reuters)
Reuters - Gaming company Netplay TV Plc said on Friday it had extended a television airtime deal with Turner Media, a division of Time Warner Inc, and plans to launch its Live TV Bingo show. More »
Show goes on in Hollywood amid economy jitters (Reuters)
Reuters - Cameras are rolling and money is flowing, despite a few fears in Hollywood that the current global economic turmoil could cut TV advertising and dry up some film financing. More »
Show goes on in Hollywood amid economy jitters (Reuters)
Reuters - Cameras are rolling and money is flowing, despite a few fears in Hollywood that the current global economic turmoil could cut TV advertising and dry up some film financing. More »