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Business
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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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Equity Media Sells 5 Florida LPTVs to Company Officers
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4.11.2008
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Two officers of cash-strapped Equity Media Holdings Corp. are relieving the company of five of its Spanish-language low-power and Class A television stations in southwest Florida.
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Prism Sound Saves SADiE
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4.11.2008
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“We will be keen to combine the Prism Sound ‘Sound’ with the supreme reliability and ease of use of the SADiE editing and production software,” said Prism Sound Chief Technology Officer Ian Dennis.
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Vizrt Buys Web Tool Provider
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4.11.2008
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The move expands Vizrt’s offering of high-end graphics and media asset management solutions with Escenic’s array of products that power hundreds of media sites worldwide.
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Investor Pushes Back on Fisher Executive Pay Plan
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4.11.2008
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A key investor in Seattle-based broadcaster Fisher Communications is opposing a stock-based incentive plan due for a vote at a shareholder meeting April 30.
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EVS Spotted in Canada
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4.04.2008
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EVS Broadcast Equipment, the leader in slow-motion playback devices for sports production, has opened a new office in Montreal to answer increasing demand for EVS services in Canada.
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Litepanels Launches Broadcast Lighting Division
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4.04.2008
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“The needs of television are very different from the motion picture industry, where we cut our teeth,” says Ken Fisher, Litepanels co-founder.
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Fletcher Chicago Moves to Rentals Only
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4.04.2008
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The move follows the sales of its camera sales operation to Abel Cine Tech, a vendor with offices in New York and Los Angeles, and a $1.5 million to expansion if its rental division and the redesign of over 3,000 square feet of production rental offices.
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SQAD Buys Ratings Analysis Software Provider Wrapsidy
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4.04.2008
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The addition of Wrapsidy's applications for Nielsen overnight and sweeps-period spot ratings for Nielsen Station Index (NSI) data adds to SQAD’s arsenal of historic and current spot-market metrics and forecasts.
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Motorola Splitting into Two Independent Companies
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3.28.2008
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“Our decision to separate our mobile devices from the broadband and mobility solutions businesses follows a review process undertaken by our management team and Board of Directors, together with independent advisors,” said Greg Brown, Motorola’s president and CEO.
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Litepanels Launches Broadcast Lighting Division
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3.28.2008
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The company incorporates its proprietary light-emitting diode (LED) technology into HD-friendly broadcast lighting fixtures that require a fraction of the electricity used by conventional lighting equipment.
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Wegener Nabs $1.6M IPTV Deal
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3.21.2008
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Wegener Corp. has received an order valued at more than $1.6 million to supply its SMD 616 IPTV set top boxes to Conklin-Intracom, a Duluth, Ga., provider of IPTV systems for telcos.
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Lin, Dish Reach HD Carriage Agreement
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3.14.2008
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Lin TV struck another salvo for its negotiating position with cable companies, reaching an agreement with Dish Network for HD carriage of 17 of its channels, mostly in the Midwest.
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Web Income Hops for Gray Television
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3.14.2008
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Internet ad revenue jumped 25 percent to $1.9 million as total page views shot up 68 percent to 424 million.
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