Now is the winter of our discontent, made that much colder by the absence of the ad dollars that everyone in the TV world swore would come back in scatter.
Now that second-quarter earnings are over for the media sector, we can finally take a good look at what senior media company executives actually said on calls to investors when they were in the hot seat at the end of the summer.
Simon Cowell’s latest attempt to salvage The X Factor has come to naught, as Fox on Friday said it has pulled the plug on the series.
The newly-created 21st Century Fox had its first earnings call on Tuesday afternoon, and, perhaps befitting its status as half of the old News Corp., took half as long as most earnings calls with 15 minutes of presentation and another 15 minutes allotted for a Q&A.
Brands and agencies fearful that Hulu might be mismanaged by a new owner can breathe easier, as the video site is no longer for sale.
Having finished the process of selecting its new original series for the upcoming broadcast season, Fox on Wednesday evening took the unconventional step of revealing its picks ahead of next week’s upfront presentation.
Aereo, the Barry Diller-backed controversial pay TV service that streams TV signals over the Internet, has selected Boston as the next market in its planned 22-city rollout. The service will launch May 15 for preregistered consumers followed by a May 30 marketwide launch.
Two weeks after the Second Circuit Court of Appeals refused to shut down Aereo, New York TV station owners petitioned the court for an "en banc" hearing.
Chase Carey minced no words when it comes to Aereo. Addressing broadcasters gathered in Las Vegas for the annual National Association of Broadcasters convention, the News Corp. president and CEO said that if broadcasters fail to win their lawsuit against Aereo, News Corp. would pursue a subscription model and abandon its broadcast signal.
News Corp. reported today that its fiscal year first-quarter earnings tripled from a year ago, reflecting a one-time gain from the sale of its NDS holdings and a strong showing from its cable TV networks.The media conglomerate posted net income of $2.23 billion, or 94 cents per share, up from $738 million, or 28 cents per share, in the year-ago period.