Time Warner reported basically flat financial results for the third quarter, and said it was adjusting its full-year business outlook downward in the face of a "challenging economic environment." Revenue rose at the company’s cable networks. Net income totaled $1.07 billion, or 30 cents a share...
The National Football League is defending its decision to keep some of its games on its own NFL Network in the face of criticism from some U.S. senators. In a statement today, the NFL blamed cable system owners, not the league, for some fans’ inability to see some games. “Our television policy regarding...
Fox Reality Channel is set to begin production on the second season if its late-night original series “Battle of the Bods.” The show takes five women who rank their own body parts. The idea is to have their own score match the score given to them by a panel of male judges viewing them on the other side...
Some cable networks already are feeling the effects of the grim economy in their ad-revenue figures, but several media companies’ recent second-quarter earnings reports indicate the ad market is not raising—or lowering—all ships in the same way. Last week, Time Warner reported very strong results for...
Time Warner CEO Jeff Bewkes today was as upbeat about the cable-television advertising outlook Wednesday as Viacom’s Philippe Dauman was concerned last week. On Time Warner’s second-quarter earnings conference call with analysts, Mr. Bewkes crowed about Turner Broadcasting’s performance in the second...