For television, there seem to be more questions than answers as 2008 comes to a close: How many industry pros will lose their jobs? How long will the recession last? How badly will the advertising market that is TV’s lifeblood falter? Wave after wave of anxiety-provoking headlines don’t help matters...
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Sun, Dec 14 2008
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Filed under: Broadcast, Cable, Digital, Fox, Emmys, DTV, Advertising, CBS, NBC, YouTube, Google, Viacom, Syndication, MSNBC, The Doctors, Katie Couric, CBS Evening News, Print Edition, Ben Silverman, Web Video, TV Ads, CNN, Kevin Martin, Project Runway, Friday Night Lights, Dr. Oz, DirecTV, American Idol, Dr. Phil, Oprah, Bill O'Reilly, Sumner Redstone, Chris Matthews, Rosie Live, Larry King, Oscars, Subchannels, Grammys, Harvey Levin, Ellen DeGeneres, John Roberts
Chuck Lorre, executive producer and creator of CBS’ “Two and a Half Men” and “The Big Bang Theory,” may seem quiet, but he’s definitely not shy with his opinions, whether doling them out in person, online or after every episode on his production company’s vanity cards. He’s tussled with critics who deride...
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The Business of Television
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Sun, Dec 14 2008
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Filed under: CBS, Syndication, The Big Bang Theory, Print Edition, Chuck Lorre, Strike, Sumner Redstone, Two and a Half Men, Parents Television Council, PTC
CBS Corp. reported a third-quarter net loss of $12.5 billion, or $18.58 per share, despite a slight uptick in revenue that came mostly from syndication growth and the acquisition of CNET. CBS had said earlier in October that it would be taking a $14 billion writedown because of the diminished market...
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The Business of Television
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Thu, Oct 30 2008
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Filed under: Broadcast, Cable, Showtime, Advertising, Syndication, Katie Couric, Earnings, Leslie Moonves, CBS Corp., CNET, CBS College Sports Network, Sumner Redstone
Sumner Redstone’s National Amusements movie theater circuit said it is in discussion with its bankers and other noteholders about the company’s debt as a result of the sharp drop in the value of the CBS and Viacom stock it holds. Mr. Redstone had to sell $233 million in nonvoting stock in Viacom and...