April 19, 2011 |
After negotiating seriously with ESPN and Turner Sports, the NHL signed a new 10-year television deal that will keep games on NBC and Versus, where they have been for six years. The deal is worth $2 billion, according to two people with knowledge of the negotiations who could not speak publicly. In the expiring contract, Versus paid the NHL about $75 million per year. NBC, however, split profits with the league and paid no rights fees. That will change, although Dick Ebersol, chairman of the NBC Sports Group, declined to be specific Tuesday.
September 3, 2013 |
Cord-cutting continues to nibble away at the U.S. pay-TV industry. According to a SNL Kagan report released Tuesday, the industry suffered a net loss of 217,000 subscribers in the second quarter of this year compared to the same period last year. The report also showed that traditional cable companies -- including Time Warner Cable -- are losing more subscribers to satellite and telecommunications competitors that also offer video service. The report illustrated why Time Warner Cable had little choice but to settle its contentious dispute with CBS Corp., which led to a monthlong blackout of CBS-owned stations in Los Angeles, New York and Dallas.
September 26, 2012 |
The turtles are being unleashed in the nick of time. On Saturday morning, Nickelodeon will take the lid off a slicker, hipper version of "Teenage Mutant Ninja Turtles. " The armed reptiles, a hugely popular cartoon franchise in the '80s and '90s, are the latest effort by the children's network to combat a dramatic ratings plunge. Over the past year, Nickelodeon has lost 28% of its young audience, according to ratings firm Nielsen. The network's signature programming, "SpongeBob SquarePants" and tween sensation "iCarly," have lost cache with kids who are turning to other channels and other entertainment such as video games.
November 6, 2009 |
The cost of travel has really gone through the roof. Scripps Networks Interactive Inc. has bought a majority stake in the Travel Channel from Cox Communications Inc. in a cash-and-debt deal that values the little-watched cable network at $975 million. Scripps is betting the channel will be a good fit with its other lifestyle networks, including Home & Garden TV and its majority stake in Food Network (which also counts Los Angeles Times parent Tribune Co. as an owner). The steep price caught many analysts by surprise.
November 5, 2012 |
Cablevision Systems Corp. has signed a long-term distribution deal to carry broadcast and cable networks owned by Comcast's NBCUniversal unit. The agreement includes broadcast networks NBC and Telemundo as well as cable channels USA, Bravo, MSNBC, CNBC and NBC Sports Network. Cablevision has more than 3 million subscribers, primarily in New York, New Jersey and Connecticut. The NBCUniversal accord is Cablevision's third in recent months with a major content supplier. It has also signed agreements with CBS and Walt Disney Co. All the deals were reached without customers losing any signals, which often happens during these negotiations, including when Cablevision and News Corp.
March 22, 2013 |
SAN FRANCISCO - As HBO adapts its television empire to the digital age, it's rolling out the red carpet to Silicon Valley. The pay TV network put on showy "Game of Thrones" season premiere parties this week in Silicon Valley and Seattle, ground zero for the revolution underway in television viewing habits. Digerati turned out by the hundreds to immerse themselves in the fantasy realm of Westeros, some wearing Twitter logo T-shirts, others Google Glass, the Internet giant's yet-to-be-released futuristic eyewear.