Cablevision Systems will spend $350 million on building a wireless broadband network, management said Thursday, a day after other cable companies unveiled a wireless venture with Sprint and Clearwire.
First-quarter ad revenue for Mediaset's Telecinco unit were flat compared with the year-ago period, and profits inched 2.1% higher even though programming was altered by domestic elections and the Easter holiday, which fell in the first quarter this year.
Liberty Media president and CEO Greg Maffei heaped praise on satcaster DirecTV for its strong first-quarter results as management of Liberty's Starz unit said Thursday that it won't underestimate a possible challenge from a premium pay TV joint venture by
Legislation that would create "a copyright czar" in the White House and streamline law enforcement efforts to catch intellectual property pirates won approval by the full House on Thursday.
Warner Music Group said Thursday that it is discontinuing dividend payments to conserve cash and lower debt amid a sluggish global economy, deteriorated credit markets and continuing music market turmoil.
The DGA's Jon Larson has been promoted to the newly created position of associate western executive director for the guild, overseeing thousands of assistant director and unit production manager members and acting as a staff liaison to the AD/UPM councils.
MTV Networks brought out Stephen Colbert and Jon Stewart at its upfront to drive home the message that it is building partnerships with Madison Avenue.
Lou Festa has jointed City Lights Media Group as CFO, reporting to CEO Danny Fisher and overseeing the company's business and finance operations for its growing slate of TV and indie film projects.
The first full day of talks between AFTRA and the Alliance of Motion Picture & Television Producers wrapped up Thursday with no reports from either side due to a press blackout.
