February 14, 2013 |
Broadcasting giant CBS Corp. is taking a minority stake in AXS TV, the nascent music-oriented cable channel owned by billionaire Mark Cuban and Los Angeles entertainment giant AEG. CBS will receive an undisclosed interest in the high-definition television channel in exchange for providing programming and marketing to the joint venture. With rights to such prominent events as the Grammy Awards, Broadway's Tony Awards and the Academy of Country Music Awards, CBS can give AXS a front row seat and backstage access that other channels lack. Major programs will continue to air on the CBS broadcast network, but CBS plans to provide hours of additional coverage to its tentpole events with extras such as red carpet and backstage interviews. CBS also agreed to promote the channel and its events on CBS' top-rated television network, TV stations, radio stations and even billboards.
March 5, 2013 |
In the latest sign of how valuable the media industry considers sports programming, News Corp. on Tuesday unveiled plans for Fox Sports 1, a new national cable channel it hopes will eventually challenge Walt Disney Co.'s ESPN empire. Scheduled to launch in mid-August in almost 90 million homes, the channel's initial lineup is to include NASCAR, college football and basketball, ultimate fighting and soccer. Next year, Fox Sports 1 is to add regular-season and postseason Major League Baseball to its lineup.
December 17, 2012 |
Participant Media, the film company behind "An Inconvenient Truth" and "Charlie Wilson's War," has acquired two cable channels and plans to combine them to form a new network featuring programming with social themes. The channel, which does not yet have a name, is expected to launch next summer. It is being designed to target millennials, people under the age of 34, with scripted and unscripted programming that attempts to provide a catalyst for social change. "Everybody wants to be inspired to do good works and to become engaged in the world around them -- and that's what this channel is all about," Jeff Skoll, founder and chairman of Participant Media, said Monday in an interview.
January 15, 2014 |
Los Angeles Dodgers President Stan Kasten isn't worried about the distribution prospects for the team's new cable network. "These things always get worked out," Kasten told the Los Angeles Times when asked about potential resistance Time Warner Cable -- the team's business partner on the channel -- might face in selling it to other distributors such as DirecTV and Cox Communications. Time Warner Cable, which is handling distribution for the Dodgers and shelled out more than $8 billion for a 25-year deal, is expected to start pitching it to other area distributors in the coming weeks.
May 7, 2012 |
Media companies try to go where the audience is, and that's what Disney's ABC News division and Univision are doing with a deal to create an English-language cable channel for U.S. Latinos. The channel is slated to be up and running by early next year, and the media companies say it will be "a 24/7 news, information and lifestyle network primarily in English that will serve the youngest and fastest-growing demographic in the country. " It's no surprise the media heavyweights would target this crowd.
May 29, 2013 |
The trademark suspenders wooed Russia: Larry King has signed on to host a new TV show for a Russian cable news network. The former CNN talk kingpin will anchor “Politics with Larry King” on the RT America network, the English-language arm of Russia Today, beginning in June. The network will also telecast “Larry King Now,” which made its debut on Hulu and on Ora.tv last summer. If you were hoping this meant the Cher of TV would himself be heading to the land of snow and vodka, we're sorry to disappoint you. “Politics with Larry King” will be shot at RT America's Washington studio, with “Larry King Now” continuing to be shot in Los Angeles.