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



Tuesday, April 8, 2008

TODAY'SNEWS

Bravo’s Project Runway to Lifetime Television; NBCU Sues
By Anne Becker
NBC Universal’s Bravo will lose its biggest hit as Project Runway is moving to Lifetime Television, according to a deal announced Monday by the women’s cable network and The Weinstein Co., which owns and produces the show. NBC Universal filed suit against Weinstein in New York State Supreme Court, saying that it had first refusal for the show and any possible spinoffs.

Nielsen to Acquire IAG Research
By Glen Dickson
Ratings giant Nielsen announced Monday that it signed a deal to acquire IAG Research, a privately held New York firm that specializes in measuring consumer engagement with TV shows, commercials and product placements, for $225 million in cash.

Yahoo Wants a Better Deal from Microsoft
By Glen Dickson
After Microsoft CEO Steve Ballmer sent a letter to Yahoo’s board Saturday declaring that there has been “no meaningful negotiation to conclude an agreement” between the two companies and suggesting that Microsoft will take its bid hostile by initiating a proxy battle to replace Yahoo’s board if a deal is not reached by April 26, Yahoo CEO and founder Jerry Yang and chairman Roy Bostock formally responded with a request for a higher price.

Motorola Makes Peace with Carl Icahn
By Glen Dickson
Embattled telecommunications-equipment giant Motorola said it reached an agreement with activist investor Carl Icahn, who had threatened a proxy battle at the Schaumburg, Ill.-based company, to place two of Icahn’s preferred representatives on its board.

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E! Picks Up Pamela Anderson Reality Series
By Alex Weprin
Continuing its programming trend of following celebrities and their daily lives, E! Entertainment Television announced new series Pamela (working title), which will feature former Baywatch star Pamela Anderson.

Spike TV Acquires Married … with Children
By Alex Weprin
Spike TV acquired distribution rights to long-running sitcom Married …with Children.

Scalia to Appear on Camera for C-SPAN
By John Eggerton
Supreme Court Justice Antonin Scalia -- who in the past has been skittish about allowing electronic journalists to cover his appearances -- agreed to talk to high-school students for one hour while the C-SPAN cameras roll.

Tribune Taps Clear Channel's Chase for Interactive Group
By Paige Albiniak
Randy Michaels, Tribune’s CEO and executive vice president of broadcasting and interactive, lured yet another Clear Channel Communications executive to his rapidly growing flock, bringing on Marc Chase as president of Tribune Interactive. Chase had been senior VP of programming at Clear Channel for the past 10 years.

NAB Plans DTV Sessions, Telco Keynote
By Alex Weprin
The National Association of Broadcasters announced a number of panels and sessions related to the digital-TV transition, as well as a keynote by USTelecom CEO Walter McCormick Jr., for the upcoming 2008 NAB Show in Las Vegas.

Primetime Ratings: Monk, Psych Fail to Spur NBC on Sunday Night
By John Eggerton
"Born on the USA" could have been NBC's theme Sunday night as it began a month-long run of co-owned USA Network shows Monk and Psych. While the audience would have been large by cable standards (about 5.5 million and 4 million viewers, respectively), the shows did not register much of blip by broadcast-rating standards (a 1.5 and a 1.3 in the key 18/49 demo, respectively).

FROMB&CMAGAZINE

UPFRONT & CENTER: Discovery's Agency of Change
By Anne Becker
Discovery Communications has a solution for cost-conscious advertisers this upfront season: Let us make the ads for you. The Silver Spring, Md.-based cable giant is pitching clients on the services of its in-house production arm, Discovery Studios, offering to create spots for advertisers who are trying to squeeze more from their ad dollars.
From the 04/07/2008 issue of Broadcasting & Cable




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