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Business
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Until our new data system is fully integrated, please
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Harris Ponders Sale
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5.09.2008
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Harris Corp., a 113-year old company with extensive roots in defense, telecommunications and the broadcast industry, is considering selling the company, according to the Wall Street Journal.
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Emmis Exits TV Business
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5.09.2008
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Since announcing its intent to exit the television business in May 2005, Emmis has sold all of its 16 television stations, resulting in gross proceeds of approximately $1.24 billion.
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Lin Makes Gains
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5.09.2008
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The increase was primarily due to higher political advertising and the near-doubling of digital revenues, including retransmission fees, to $4.9 million.
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Cablevision Buys Sundance Channel Despite $104M Derivative Loss
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5.09.2008
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Cable television net revenue grew 10.5 percent as the company added 197,000 revenue generating units.
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Network Electronics/VPG Opens Design Center
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5.09.2008
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The new office will initially focus on developing enhancements to the VPG Ventura product line, as well as provide engineering resources to integrate compatibility among Network Electronics and VPG technologies.
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Belo Posts $15 Million Loss
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5.02.2008
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The company lost $15.4 million (15 cents per share) in the quarter, down from earnings of $15.5 million in the same quarter last year.
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Cox Buys Online Ad Startup Adify
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5.02.2008
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Cox Enterprises is adding to its investments in targeted ad technology.
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WB Rises From the Dead Online
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5.02.2008
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“These destinations are perfect examples of our digital strategy to create targeted, niche destinations that present a fresh and compelling point of view to audiences,” said WBTVG President Bruce Rosenblum.
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CBS Financials Rise on Licensing, Syndication
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5.02.2008
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Revenues benefited from a new international self-distribution arrangement for the “CSI” franchise and “Everybody Loves Raymond,” the company said.
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Hearst TV Surviving Slump
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5.02.2008
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Company officials said the Writers Guild of America strike impacted revenue, including for the Academy Awards show, but was hard to quantify.
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McGraw-Hill TV Revenue Flat
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5.02.2008
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Television is just a small part of McGraw-Hill, which earned $81.1 million (25 cents per share) in the quarter, a 43 percent drop from $143.9 million (40 cents per share) in the first quarter of last year, on revenues of $1.2 billion, a 6.1 percent drop.
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Digital Build-outs Drive Harris Broadcast Revenue Rise
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5.02.2008
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Revenue growth in the third quarter was across all broadcast business areas in both U.S. and international markets, with higher revenue being driven by the continuing global conversion to digital and high-definition operations, the company said.
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Belden Announces Increased Earnings After Restructuring
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5.02.2008
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Earnings increased 36.7 percent, from 49 cents to 67 cents per share. Net income was $13.2 million, or 27 cents per diluted share.
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Mid-Transformation, Avid Loses $21 Million
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4.25.2008
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After confessionals from the company late last year that it had been alienating customers, Avid hired new executives, initiated a top-to-bottom review, and promised a new approach to customer relations.
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Gemstar-TV Guide, Digeo Settle
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4.25.2008
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Gemstar-TV Guide and Digeo, two companies that have seen better days, can at least now spend less on lawyers.
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Gannett: TV Revenue Drops Less Than Publishing
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4.25.2008
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Gannett Corp. saw a 7.3 percent drop in television revenues for the first quarter of 2008 compared with the year-ago quarter.
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Broadcasting Revenues Dip 9.2 Percent at Meredith
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4.25.2008
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But management says the company has the core brands and new initiatives to outlast the economic slowdown.
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Scripps Makes More on Interactive Media Than TV
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4.25.2008
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E.W. Scripps Co. saw first-quarter revenues from its television station group hold nearly steady from a year ago.
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Wheatstone Crosses the Pond
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4.25.2008
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Wheatstone is looking to expand its international footprint with two notable announcements.
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CBS Layoffs Shake Industry
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4.11.2008
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The sudden early April slashing of dozens of jobs at CBS O&Os shook the industry and made folks wonder if this would spur copycat layoffs by other companies.
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