Broadcasting & Cable Today: The Business of Television
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Broadcasting & Cable Today: The Business of Television



Monday, March 17, 2008

TODAY'SNEWS

Dish Network Suffers Failed Satellite Launch
By Glen Dickson
A new Ku-band satellite that was to be used by satellite-TV service Dish Network to increase its slate of HD channels failed to reach orbit after being launched from Kazakhstan Friday.

President of Entertainment Carolyn Strauss Out at HBO
By Anne Becker
Carolyn Strauss is leaving her post as president of entertainment at HBO after a weekend shakeup at the pay cable network, HBO executives confirmed Sunday night.

84% of U.S. to Learn Wizard’s First Rule
By Paige Albiniak
Disney-ABC’s new one-hour science-fiction series, Wizard’s First Rule, is cleared for fall 2008 in 84% of the country and all of the top 50 markets, the company said last week.

Diller, Malone Decision Due March 28
By B&C Staff
Will Barry Diller and John Malone settle? A ruling on whether InterActiveCorp CEO Barry Diller violated his proxy agreement with controlling shareholder Malone’s Liberty Media is expected March 28, Reuters reported late last week, based on conversations with lawyers involved with the case.

Introducing The BC Review with David Bianculli
The latest reviews from the leading critics, featuring veteran TV critic David Bianculli. Only on Broadcastingcable.com.


Clear Channel Completes Sale to Providence Equity Partners
By B&C Staff
Clear Channel Communications said it completed the sale of its television group to Newport Television, a holding company for Providence Equity Partners for $1.1 billion. The agreement for 56 TV stations is about $200 million less than the terms of the original agreement reached last April.

CBS News to Host First Debate; ABC News Sets Another
By Marisa Guthrie
CBS News is close to finalizing plans for its first debate of the 2008 presidential campaign, according to network sources. The debate would be held in North Carolina, which has its primary May 6 along with Indiana. Katie Couric would moderate with chief Washington correspondent Bob Schieffer.

Stearns Yearns for DTV-Transition Test Market
By John Eggerton
Rep. Cliff Stearns (R-Fla.), the relatively new ranking member on the House Telecommunications & Internet Subcommittee, said he favors a test market for the digital-TV transition.

Media General Sells Two More Stations
By Michael Malone
One week after finding a buyer for WTVQ Lexington, Ky., Media General is selling WMBB Panama City, Fla., and KALB/NALB Alexandria, La., to Hoak Media.

Former B&C Editor in Chief J. Max Robins Joins Paley Center
By B&C Staff
Former Broadcasting & Cable editor in chief J. Max Robins is joining The Paley Center for Media, formerly The Museum of Television & Radio, as vice president and executive director of the center’s Media Council and International Council.

Are News Habits Really Changing?
By John Eggerton
The trouble with journalism may not be a loss of audience, per se, but the challenge of getting advertisers to follow that audience to the Web. That’s one of the conclusions in the Project for Excellence in Journalism’s fifth annual State of the News Media report, an often-critical and often-criticized analysis of the news business.




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