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Morgan Stanley Report Sparks Media Stock Rally Forecasts 2% ad growth and possible 6% increase in affiliate revenue Broadcasting & Cable
Media stocks rose yesterday following a surprisingly bullish report from Morgan Stanley. The company's media team believes that recent ad forecasts are too gloomy. Morgan Stanley's report, which was released Monday, suggests ad growth will be up 2% next year and up 5% over the next five years. In addition, affiliate revenue is expected to rise 5-6% next year.
Morg..... Grillo Joins Media Institute Board New Verizon V.P. of regulatory affairs to succeed retiring Guyer Broadcasting & Cable
Kathleen Grillo, V.P. or regulatory affairs for Verizon, has joined the board of The Media Institute, the Washington-based First Amendment think tank supported by major media companies.She succeeds Suzanne Guyer both at Verizon and in the board post. Guyer, who has been on the board since June 2007, is retiring Aug. 31 from the company.Before joining Verizon in 2002, Grillo was with t..... PGA.com Touts Open Traffic Turner-managed site posts record page views, streams Broadcasting & Cable
The live and on-demand coverage of last week’s British Open from Turnberry, Scotland drove record traffic for PGA.com, the Website for the PGA of America which is run by Turner Sports, no doubt helped by golf legend Tom Watson’s near-miss at a sixth British Open title at age 59. The Website, which offered two live streams during TNT’s broadcast window along with on-d..... Witness List Released for Children's TV Act Hearing Julius Genachowski will be head of the hearing in his first appearance on the Hill as FCC chairman Broadcasting & Cable
The Senate Commerce Committee has released its witness list for a July 22 hearing on rethinking the Children's TV Act and, as first reported by B&C, Julius Genachowski will be head of the hearing in his first appearance on the Hill as FCC chairman.Also testifying at the hearing will be Gary Knell, President, Sesame Workshop; John Lawson, EVP, ION Media Networks; Sandra..... CBS, NBC On Board For Wednesday Obama Presser Fox, ABC still undecided Broadcasting & Cable
CBS and NBC say they will televise a primetime press conference from president Obama Wednesday night. The other two broadcasters were still undecided as to whether they would cover the 8 p.m. ET news event at press time. The conference was originally scheduled for 9 p.m., which would have preempted the most popular summer programs on both NBC (America’s Got Talent) a..... Crawford: FCC Will Tackle Media Ownership Early On, Broadband A Priority Special assistant to the President for Science, Technology, an Innovation Policy said the FCC's broadband plan is the future o diversity Broadcasting & Cable
Susan Crawford, special assistant to the President for Science, Technology, and Innovation Policy, gave a shout-out to broadcasters in particular and minority broadcasters in general Monday (July 20), saying the FCC would tackle media ownership issues "early on." But she also said broadband is where they and policymakers need to be focusing their attention."Millions of Americans rely ..... CBS, NBC and ABC On Board For Wednesday Obama Presser Fox still undecided Broadcasting & Cable
CBS, NBC and ABC say they will televise a primetime press conference from president Obama Wednesday night. Fox was still undecided as to whether they would cover the 8 p.m. ET news event at press time. The conference was originally scheduled for 9 p.m., which would have preempted the most popular summer programs on both NBC (America’s Got Talent) and Fox (So You T..... HBO, Top Rank Set Nov. 14 Pacquaio-Cotto PPV Fight Title Bout Set For MGM Grand In Las Vegas Multichannel News
Current pound-for-pound boxing champion Manny Pacquiao will step into the pay-per-view boxing ring Nov. 14 to fight World Boxing Organization champion Miguel Cotto, Top Rank Inc. president Bob Arum announced Monday.
Home Box Office will distribute the fight via PPV, according to Top Rank, which will promote the event to be held at the MGM Grand hotel in Las Vegas.
<..... ???Wendy Williams??? Out of the Gate Debut ratings down from lead-in, year-ago averages; up in home market NY Broadcasting & Cable
In its debut week in national syndication, Debmar-Mercury’s The Wendy Williams Show averaged a 0.9/3 in 42 metered markets, which is down 10% from its lead-in (1.0/3) and down 18% from its year-ago time period average (1.1/3).
While the show was down in its first week in key comparisons to lead-in and year-ago time period averages, it is too early to predict t..... Levin: Broadband Comments Don't Move Ball Forward Said the comments lacked helpful data, analysis of tradeoffs and "seriousness of purpose." Broadcasting & Cable
Blair Levin, the FCC's broadband czar, is not impressed with the FCC's submissions from the public and industry on the grand broadband plan, suggesting there was too much pie in the sky and not enough pie chart on the page.
He said the comments lacked helpful data, analysis of tradeoffs and "seriousness of purpose."
Levin said he had been immersed in re..... Fuse Fires Up Kanye West Event One-Hour Music Special From Chicago Theatre Charity Event Premieres July 25 Multichannel News
Fuse on Saturday July 25 will air portions of a recent charity concert starring popular hip-hop performer Kanye West.
The one-hour music special Fuse Presents Kanye West: Live From the Chicago Theatre features performance footage from West's 2nd annual "Stay in School" Benefit Concert in the Windy City produced by the Kanye West Foundation.
The show a..... Obama Presser Delays CNN's 'Black In America 2' Premiere Special pushed back to 9 p.m. on the east coast Broadcasting & Cable
While the broadcast networks are still deciding how to handle President Obama’s primetime press conference Wednesday , one of the major cable news players is shifting its schedule to make room. CNN was scheduled to premiere part one of Black In America 2 at 8 p.m. Wednesday, but with the news conference a must-carry in the cable news world, the network is pushing the premie..... ???Wendy Williams' Slow Out of the Gate Talker loses 18% from year-ago time period averages in metered markets Broadcasting & Cable
The Wendy Williams Show
has found the going rough in its first week in national syndication despite competing mostly against summer reruns. The talker averaged a 0.9/3 in 42 metered markets, and fell 18% from its year-ago time period average (1.1/3). It also dropped 10% on average from its lead in (1.0/3). In its home market, New York,
..... ESPN Migrates Winter X Games To France Next March Three-Day Event With Canal + Marks Franchise Initial International Foray Multichannel News
ESPN will take its Winter X Games franchise outside the U.S. for the first time next year.Teaming with Canal + and Tignes Ski & Snowboard Resort, the event will be held in Savoie in the Northern French Alps from March 10-12, 2010.There will be eight different competitions over three days, including ski and snowboard superpipe and slopestyle for men and women, as well as a Snowmobi..... ???Wendy Williams' Struggles Out Of The Gate Talker loses 18% from year-ago time period averages in metered markets Broadcasting & Cable
The Wendy Williams Show
has found the going rough in its first week in national syndication despite competing mostly against summer reruns. The talker averaged a 0.9/3 in 42 metered markets, and tumbled 18% from its year-ago time period average (1.1/3). It also sank 10% on average from its lead in (1.0/3). In its home market, New York,
..... Primetime Ratings: Cronkite Special Draws 7.4 Million Draws highest viewer total on the night Broadcasting & Cable
CBS News' special honoring the legendary anchorman Walter Cronkite, drew 7.4 million viewers, making it the most-watched program of Sunday primetime.
ABC won the opening 7 p.m. hour with a rerun of America's Funniest Home Videos turning in a 1.3/5. The Cronkite special was next at 1.0/4 and first in viewers with 7.4 million. A rerun of Great Amer..... Big Apple Channel Changes In August Time Warner Cable Reshuffles Lineup Multichannel News
Time Warner Cable is shuffling its New York City channel lineup next month, moving channels such as FX, Oxygen and BET up in the order and moving others such as CNN, Lifetime and Cartoon Network down a few notches, while also adding several high-definition networks.
Even in the age of electronic program guides and DVRs, low-number channel slots in New York are something net..... CBS On Board For Wednesday Obama Presser Fox, NBC, ABC still undecided Broadcasting & Cable
CBS says it will televise a primetime press conference from president Obama Wednesday night. The other three broadcasters were still undecided as to whether they would cover the 9 p.m. ET news event at press time. While CBS was scheduled to air a repeat of Criminal Minds in the slot, the other three all have original programming slated. ABC had a new edition of I Survived a Japan..... Report: Copyright Industries Contribute Trillion-Plus to Economy IIPA study shows core copyright industries contributed 6.44% of GDP in 2006-07 Broadcasting & Cable
According to the most recent study by the International Intellectual Property Alliance (IIPA), which covers 2003 to 2007, core copyright industries, which include TV and film production, accounted for 5.6 million jobs and $889 billion in contributions to the gross domestic product, which translates to about 23% of the overall growth of the economy in 2006-2007.Those and other results ..... Copps Hails Cronkite As Media Critic Anchor's "sage council" will be missed as media grapple with crisis in journalism, he says Broadcasting & Cable
Former acting FCC Chairman Michael Copps said Monday that Walter Cronkite's memory could best be honored by tackling the "crisis in journalism" and what Copps sees as the larger issue of media consolidation.In a statement on the death of Cronkite last week, Copps said that as a commissioner he had gotten to know the former CBS News anchor, including sharing a Columbia University .....