DOW CLOSES UP 23, NASDAQ FINISHES UP 17
Stocks rose moderately for the second consecutive day.
DISNEY BUYING PIXAR FOR $7.4 BILLION IN STOCK
Deal is for $59.78 per share. Steve Jobs will join the Disney board.
Exclusives
Fox Networks Group’s Fox Reality and interactive content developer and producer 2waytraffic are creating a new subscription service for mobile phone users. The new service will be promoted through Fox […]
Harris Corp.’s Broadcast Communications Division will open a new Miami office on Feb. 1. The company said the new office will “improve communications between regional Harris representatives and customers located […]
Meredith Corp. reported that second quarter earnings per share increased 12% to $0.58 from $0.52 in the prior-year. Income from operations grew 14 percent to $55.5 million and earnings before […]
Debra Lee, president/CEO of Viacom’s BET, assumes the chairmanship, succeeding Robert Johnson who retired from the company he founded 25 years ago. Lee, who joined the cable network in 1986 […]
REPEATS REVIVE ABC’S MONDAY
Many criticized ABC for pulling Emily’s Reasons Why Not after only one outing, but it’s looking to be a smart move after all.
CBS and Time Warner will be equal partners in the new fifth net; Ostroff and Maatta will lead the venture which will debut this fall.
CBS and Time Warner will each own 50%.
Time Warner CEO Richard Parsons, CBS Corp. CEO Leslie Moonves and Tribune Co. CEO Dennis FitzSimons are set to announce the move at a news conference in New York today.
Playoff football, American Idol and Skating with Celebrities powered Fox to a weekly win among adults, 18-49, for the week of Jan. 16-22. The tally of Nielsen numbers was: Fox, […]
Directors of Pixar, Steven Jobs’s computer-animation film studio, plan to meet today to consider a bid for the company from Walt Disney Co., a person familiar with the situation said.
Fox plans a late-night talk show to air Saturday nights, the first step in what could be a full-fledged return to the late-night battlefield.
ESPN Zone, the sports-themed restaurant chain owned by The Walt Disney Co. and ESPN, has kicked off a multi-million dollar technological conversion of all eight restaurants to high-definition viewing. ESPN […]
