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



Friday, April 25, 2008

TODAY'SNEWS

EXCLUSIVE: NBCU Memo Confirms Sale of Burbank Lot
By Robert Marich & Ben Grossman
Developer M. David Paul/Worthe Real Estate Group purchased NBC Universal’s 34-acre Burbank, Calif., lot, according to an April 24 internal memo acquired by B&C. According to the memo, many of the moves of NBCU divisions “will not be happening before 2011 at the earliest, with the exception of The Tonight Show with Conan O'Brien, which will move to Universal Stage One in 2009.”

NBC to Officially Confirm Jimmy Fallon as Late-Night Host
By Ben Grossman
NBC is finally expected to announce Jimmy Fallon as its new late-night host between now and its May 12 upfront presentation.

Senate Commerce Committee Passes Resolution to Block FCC Rule Change
By John Eggerton
The Senate Commerce Committee Thursday passed a resolution sponsored by Sen. Byron Dorgan (D-N.D.) that would invalidate the FCC’s decision to loosen the newspaper-broadcast cross-ownership rules.

Obama Urges Swift Passage of FCC-Blocking Bill
By John Eggerton
Sen. Barack Obama (D-Ill.) said Thursday that the recent newspaper-broadcast cross-ownership-rule change approved by the FCC was the kind of special-interest-engineered change he opposes, and he sought a quick vote on the bill in the full Senate.

Check out B&C’s NAB SHOWCASE
Complete coverage of the 2008 NAB Show -- before, during and after -- with breaking news and analysis, video updates from the floor and more.

Click here...


Martin: Denial of Fox Indecency Appeal Was Reasonable
By John Eggerton
FCC chairman Kevin Martin said Thursday that he thought it was reasonable that the FCC Enforcement Bureau rejected Fox's appeal of its Married by America indecency fine without considering the merits.

NTIA to Waive Coupon Requirements for Group Homes, P.O. Boxes
By John Eggerton
As expected, the National Telecommunications and Information Administration proposed waiving its digital-TV-to-analog converter-box-coupon requirements to allow nursing-home residents and those with Post Office boxes to apply for the coupons.

Obama to Appear on Fox News Channel
By Marisa Guthrie
The “Obama Watch” at Fox News Channel is officially over. Democratic presidential contender Sen. Barack Obama (Ill.) will appear Sunday in a sit-down with Chris Wallace, the network confirmed Thursday. The interview will be taped Saturday in Indiana.

A&E Network Gets Criminal Minds; History Teams Up with Burnett
By Anne Becker
A&E Network acquired Criminal Minds from CBS Television Distribution, while sister network The History Channel partnered with Mark Burnett on a survival docu-series, Expedition: Stanley and Livingstone.

Avid Technology Posts Q1 Loss
By Glen Dickson
Nonlinear editing supplier Avid Technology posted a first-quarter-2008 loss based on lower revenues than the same period last year and restructuring costs associated with the turnaround the company is attempting under a new management team.

Cable Networks Lift Scripps’ Q1 Earnings
By Robert Marich
Media conglomerate E.W. Scripps posted improved first-quarter earnings, bucking an industry trend of poor results, lifted by a strong scatter-ad market for cable channels Food Network and Home & Garden Television.

FROMB&CMAGAZINE

Portland, Ore.: KGW Reigns Supreme
By Michael Malone
The fair weather is around the corner in Portland. Perhaps the more pressing question is, will the economic climate improve in the coming months as well? After several years of growth, station managers in the City of Roses say the economy has leveled off. They're seeing early political spending in advance of the Oregon primary May 20, and are hopeful that will hold off a recession.
From the 04/21/2008 issue of Broadcasting & Cable




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