May 27, 2010 |
For more than four decades, the broadcast networks have set aside a week in May for staging splashy presentations in Manhattan to unveil their fall schedules for advertisers. The annual ritual kicks off television's ad sales season, known as the upfronts, when the networks sell more than two-thirds of their commercials for the coming season. Cable powerhouse Turner Broadcasting System two years ago crashed the party. The division of Time Warner Inc. decided to pitch its shows on TNT and TBS during the week reserved for major broadcast networks ABC, CBS, Fox and NBC. Turner's message: It was now one of the big boys.
April 23, 2010 |
The great programming migration to cable continues. Turner Broadcasting, just one week after signing former NBC late-night host Conan O'Brien, has teamed up with CBS in a 14-year, $10.8-billion deal for television and Internet rights to the immensely popular NCAA March Madness college basketball tournament. The move comes as broadcast television struggles with rising programming costs and greater competition for viewers and advertisers. Although the NCAA tournament is a strong performer for CBS, the costs of covering the games were starting to outweigh the benefits for the network.
December 17, 2009 |
Further expanding its reach in India, Time Warner Inc.'s Turner Broadcasting is shelling out $126.5 million for a 92% stake in NDTV Imagine, a popular Hindi general entertainment channel, and some smaller assets. Turner already owns several networks in India, including versions of CNN and Cartoon Network. It also owns Pogo, a children's channel. "India continues to be a key priority for us," said Steve Marcopoto, president of Turner Broadcasting's Asia Pacific unit. Besides NDTV Imagine, Turner is taking control of NDTV Imagine Pictures, a movie production company, and a couple of smaller networks.
February 3, 2007 |
Turner Broadcasting has agreed to pay all costs of a security scare triggered by a marketing campaign that disrupted travel in Boston, a spokeswoman for Mayor Thomas Menino said. Travel on major roadways and rail lines was suspended as police responded in large numbers Wednesday after discovering the battery-powered devices, which were intended to promote a cartoon on a Turner cable network, in Boston and surrounding cities. Authorities blew up one of them.
April 27, 2005 |
Hollywood's last dalliance with video games ended with the realization that expertise in making movies and TV shows that people like to watch doesn't necessarily carry over into making games they want to play. One by one, though, major entertainment companies that had bailed out of the games business over the last decade are jumping back in as a way to tap younger audiences.
March 12, 2003 |
AOL Time Warner-owned Turner Broadcasting System moved swiftly to restructure the company under its new president, Philip Kent, into three groups: entertainment, news and cartoons. Mark Lazarus, former president of sales and marketing for Turner Entertainment and president of Turner Sports, was promoted to the new position of president of TBS' Entertainment Group. He now also will be responsible for cable networks.