"I'm not happy," said John Linehan, portfolio manager of the T. Rowe Price Value Fund, which owns more than 2.5 million shares.
Associated Press/AP Online May 03, 2007 |
| NEW YORK - CBS Corp.'s first-quarter earnings fell 6 percent, hurt by a tax charge selling radio stations and lower TV syndication income, the company said Thursday. CBS, which airs "60 Minutes" and the hit crime series "CSI," said net income fell to $213.5 million, or 28 cents per share, from $226.9 million, or 30 cents per share, in the year-ago period. |
| The Baltimore Sun, MarylandMay 03, 2007 |
| May 3--Sinclair Broadcast Group Inc. shares dropped 7 percent yesterday after the television-station owner said weak automotive advertising and low ratings for its MyNetworkTV stations are mitigating its successes in winning retransmission fees from cable companies. Customers of Verizon's TV service, called FiOS, will be able to remotely set their digital video recorders using TV Guide listings, Hollywood-based Gemstar said. |
| The Wall Street JournalMay 02, 2007 |
| Comcast Corp. Chief Executive Brian Roberts said he expects the cable company will reach at least $1 billion in revenue over the next five or six years from its expanding efforts to generate advertising on its Web properties. Viewers of the British Open golf tournament, for instance, could buy the same type of shirt worn by players such as Tiger Woods. |
The Wall Street Journal May 02, 2007 |
| The Dolan family, which controls Cablevision Systems Corp., last night was in advanced talks with the Long Island cable operator to take the company private, people familiar with the matter said. The family -- led by Cablevision Chairman Charles F. Dolan and his son, Chief Executive James L. Dolan -- has made at least two earlier offers to buy the company in recent years. |
| The Philadelphia InquirerMay 02, 2007 |
| May 2--Comcast Corp. said yesterday that its digital voice service would help the Philadelphia company reach 53 million subscription units by the end of 2009. The projection represents a near doubling of total subscriptions to Comcast's various services -- cable TV, high-speed Internet and voice -- from the 27 million the company had in 2003. |
| Tampa TribuneMay 02, 2007 |
| May 2--TAMPA -- TV ratings giant Nielsen Media Research began cutting jobs Monday in the Tampa area as it devotes more resources to modernizing how it measures which shows Americans watch. NBC's "Heroes," ABC's "Lost" and CBS' "Jericho" all returned from lengthy hiatuses recently to find a significant part of their audiences had abandoned them. |
| Associated Press/AP OnlineMay 01, 2007 |
| AMSTERDAM, Netherlands - Joost, a company attempting to broadcast television via the Internet, said Tuesday it had signed several new content distribution agreements, including one with Turner Broadcasting System Inc. to show CNN news and interview programs. The company also announced its "commercial availability" - which means it will allow beta testers to invite anyone to use the system. |
| Daily NewsMay 01, 2007 |
| NEW YORK _ Some New Jersey tots got an adult education Tuesday when a cable TV giant replaced a Disney cartoon with hardcore pornography. The "Handy Manny" cartoon on Playhouse Disney was abruptly interrupted Tuesday morning when Comcast honchos mistakenly aired the porno in sections of New Jersey. |
| Newsday, Melville, N.Y.
|
| May 1--Cablevision Systems Corp., the largest provider of cable TV services in the metropolitan area, said yesterday Comcast Corp. has agreed to buy its stakes in two sports networks for $570 million in cash. In 2005, as part of a restructuring of regional sports network ownership with News Corp., Cablevision divested other regional networks outside New York. |
| The Washington PostApril 30, 2007 |
| NEW YORK -- When he finally got home, close to midnight, on the night that his network aired part of the Virginia Tech killer's video, Steve Capus felt drained. Even as critics accused him of caving to pressure in dropping MSNBC's simulcast of the Imus show -- and, later, of giving a mass murderer the infamy he craved -- Capus won plaudits at 30 Rock for his consensus-building style. |
| The Wall Street JournalApril 27, 2007 |
| Walt Disney Co. and Hearst Corp. named Andrea Wong president and chief executive of their struggling Lifetime cable network, charging her with improving ratings and repairing the channel's damaged brand. Sliding ratings, a dip in profitability -- the first in its 23-year history -- and a fraying of the network's once-formidable brand resulted in the ouster Wednesday of Ms. Wong's predecessor, Betty Cohen. |
| Associated Press/AP OnlineApril 26, 2007 |
| WASHINGTON - Federal regulators insist that tens of millions of cable subscribers with analog TV sets will not lose access to local TV stations when broadcasters begin transmitting signals digitally in early 2009. The Federal Communications Commission said Wednesday night that it wants public input, however, on how best to ensure that an estimated 32 million households can still view these stations following the Feb. 17, 2009 transition. |
| The Wall Street JournalApril 26, 2007 |
| Comcast Corp. , which has more subscribers than any other cable operator in the U.S., has joined in the fray over which Web site is going to become the top destination for TV shows, movies and other professionally produced videos. Now a host of major Internet players and others -- including Amazon.com Inc., Time Warner Inc. 's AOL division, Joost, Brightcove and Apple Inc. -- are all maneuvering to claim dominant positions in the world of prime-time shows and other premium entertainment content that's started to mushroom on the Web. |
| Los Angeles TimesApril 26, 2007 |
| Federal regulators have concluded that Hollywood's efforts to shield children from violent TV shows have failed and that Congress should authorize government action. Citing university and government studies, the FCC concluded that violent programming was harmful to children and said Congress could craft limits that wouldn't violate 1st Amendment rights. |
| Associated Press/AP OnlineApril 26, 2007 |
| PHILADELPHIA - Comcast Corp., the nation's largest cable television operator, on Thursday reported that first-quarter profits surged by 80 percent, in part helped by a one-time gain resulting from the dissolution of a joint venture with Time Warner Cable. The Philadelphia-based company posted a net income of $837 million, or 26 cents per share, in the quarter compared with $466 million, or 15 cents per share, in the same period a year ago. |
| The New York TimesApril 26, 2007 |
| "The increase in reality programming is more about a shrinking potential market that gives networks less incentive to spend money." In the past few weeks, a raft of top shows on all major networks have hit record lows: Lost, Desperate Housewives, ER, My Name Is Earl, The Simpsons, Two and a Half Men, CSI: Miami and, just Monday, Heroes. |
| Associated Press/AP OnlineApril 24, 2007 |
| NEW YORK - The news keeps getting worse for NBC, which set a low-water mark for prime-time viewership for the second straight week. One week after NBC averaged 6. 8 million viewers - its smallest in-season audience since at least 1987, and probably well before - the network sank to 6.2 million last week, according to Nielsen Media Research. |
| Associated Press/AP OnlineApril 24, 2007 |
| CHICAGO - The head of NBC News said the decision to air images, writings and video of Virginia Tech shooter Seung-Hui Cho was "good journalism" and the network showed restraint by paring down what would be made public. NBC News President Steve Capus, who appeared with "NBC Nightly News" anchorman Brian Williams on Tuesday's broadcast of "The Oprah Winfrey Show," acknowledged images that "wallpapered" the media were uncomfortable to view. |
| The Wall Street JournalApril 24, 2007 |
| Advertisers, and consumers, have complained for years about the barrage of commercials and promotions that interrupt television shows. A study reported that the average amount of air time devoted by broadcast networks to either commercials or promotions for network shows was flat at about 15 minutes last year, after rising 3% in 2005. |
| The Washington PostApril 24, 2007 |
| Federal regulators, concerned about the effect of television violence on children, will recommend that Congress enact legislation to give the government unprecedented powers to curb violence in entertainment programming, according to government and TV industry sources. The Federal Communications Commission has concluded that regulating TV violence is in the public interest, particularly during times when children are likely to be viewers -- typically between 6 a.m. and 10 p.m., FCC sources say. |
| The Wall Street JournalApril 24, 2007 |
| The television set-top box is getting a makeover, courtesy of small companies such as San Jose, Calif., start-up 2Wire Inc. But that's changing as these companies fight to keep their grip on living rooms amid the rise of Internet video and innovations such as Apple Inc.'s AppleTV, a new device that allows consumers to take movies and other media from their personal computers to their television screens. |
| Associated Press/AP OnlineApril 23, 2007 |
| NEW YORK - Activist groups dropped a federal lawsuit against Viacom Inc. on Monday after the parent of Comedy Central acknowledged it made a mistake by asking YouTube to yank a parody of the cable network's "The Colbert Report." Although the video in question contained clips taken from the television show, the groups argued that their use was protected under "fair use" provisions of copyright law, and thus Viacom shouldn't have asked YouTube to remove the item. |
| The Philadelphia InquirerApril 23, 2007 |
CBS executives deny it, but there's a growing feeling within the network that Katie Couric is an expensive, unfixable mistake. So unfixable that Couric _ the first woman to anchor a network nightly newscast solo _ may leave "CBS Evening News," probably after the 2008 presidential elections, to assume another role at the network, CBS sources say.
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