August 3, 2012 |
Viacom Inc.'s profit fell short of Wall Street's expectations as the company continued to struggle with ratings declines at Nickelodeon and other cable networks while worldwide theatrical revenue took a nose dive. For the April-June period, the New York-based media company controlled by mogul Sumner Redstone generated net income of $534 million, or $1.01 a share, compared with $574 million, or 99 cents, for the year-earlier period. Fiscal third-quarter revenue came in at $3.24 billion, a 14% decline from $3.77 billion in the prior year period.
July 19, 2012 |
With its ratings in free fall because its programming is no longer available on DirecTV, Viacom's kids channel Nickelodeon is having to provide frustrated advertisers extra commercials to make up for its shrinking audience. “I'd be lying to you if I said clients haven't contacted us and said what's our game plan,” said Shelly Hirsch, CEO Beacon Media, an advertising firm that specializes in children's TV and has almost 50 clients on the network. “I wish this thing settles quickly; we do a lot of business with Nickelodeon.” Since DirecTV stopped carrying Nickelodeon in its roughly 20 million homes July 10, ratings have dropped more than 20%. Last weekend was particularly brutal as Nickelodeon's total day audience was down 56% on Friday, 44% on Saturday and 45% on Sunday.
July 19, 2012 |
SpongeBob SquarePants is getting the life squeezed out of him. Ratings have plummeted more than 20% at Nickelodeon, home of "SpongeBob SquarePants," "iCarly" "Dora the Explorer" and other popular shows, in the week after satellite broadcaster DirecTV stopped carrying the kids' channel. Other Viacom Inc.-owned networks, including MTV, Comedy Central and VH1, have also seen their ratings fall since disappearing from the homes of about 20 million DirecTV subscribers. The two companies have been arguing over terms for a new distribution deal.
July 16, 2012 |
Ratings for Viacom's Nickelodeon have fallen dramatically in the days since the channel was dropped from satellite broadcaster DirecTV over a fee dispute. On July 10, the last day Nickelodeon had distribution on DirecTV, its total day audience was about 1.8 million. On July 11, that figure fell 33% to 1.2 million. On Friday, the average was up slightly to 1.3 million. Losing carriage on DirecTV couldn't have come at a worse time for Nickelodeon. The cable network, which caters its programming to kids and teens with shows that include "SpongeBob SquarePants"and "Dora the Explorer," has seen its audience shrink over the past year while rival Disney Channel has made gains.
July 15, 2012 |
SAN DIEGO - Director Jen Soska and her twin sister came to Comic-Con with one gory aim: Gross out as many people as possible with blood-soaked footage from their upcoming independent horror movie, "American Mary. " And indeed, clips from the film about a broke medical student who starts performing underground surgeries attracted a healthy crowd of onlookers to a room in the San Diego convention center. "We wanted to physically make you ill!" Soska told the audience cheerfully.
July 13, 2012 |
DirecTV subscribers looking to plop the kids in front of the TV to watch Nickelodeon this weekend will likely have to use Netflix instead. Although talks between the satellite broadcaster and Viacom Inc., parent of cable channels MTV, Nickelodeon, Comedy Central and VH1 continue, reaching a deal before the end of the weekend seems unlikely. DirecTV subscribers have been without Viacom's channels since Tuesday night. Meanwhile, the war of words continues. Viacom has been bombarding the airwaves and newspapers with ads critical of DirecTV and encouraging its subscribers to switch to other distributors.
July 10, 2012 |
DirecTV subscribers may lose popular channels owned by Viacom Inc. including MTV, Comedy Central and Nickelodeon as early as Wednesday if the two companies are unable to come to terms on a new distribution deal. Viacom said on its website that its current contract with DirecTV expires at midnight Tuesday and no agreement is near. "Despite our best efforts, DirecTV has rejected all of our proposals to renew our agreement," Viacom said, adding that the latest offer from the satellite broadcaster is for a lower rate than Viacom said it gets from any other distributor in the industry.
June 18, 2012
'Hollywood Heights' Where: Nickelodeon When: 9 p.m. Monday through Friday Rating: TV-PG (may be unsuitable for young children) Friday's episode: TV-14 (may be unsuitable for children under the age of 14)
June 18, 2012 |
"Hollywood Heights," which premieres Monday on Nickelodeon, is an Americanization of the Mexican telenovela "Alcanzar una estrella" (Reach for a Star), and if it is not the first to be adapted for American television - there was "Ugly Betty," based on the much-franchised Colombian "Yo soy Betty, la fea" - it's the first to be made as a telenovela . Running week-nightly for 80 episodes, in the Nick at Nite block, it will be about five times as long as "Berlin Alexanderplatz.
June 4, 2012 |
Microsoft Corp. has announced a slew of entertainment partnerships as it seeks to turns its Xbox 360 video game console into an all-purpose media device, including agreements with Nickelodeon, ESPN, the National Basketball Assn. and Univision, among others. The announcements, made Monday at the company's press conference at USC's Galen Center kicking off the annual E3 video game conference in Los Angeles, highlights a major shift in Microsoft's positioning of Xbox as more than just a way to play "Halo" and "Call of Duty.