From The New York Times | Jeff Zucker, the chief executive of NBC Universal, announced Friday that he plans to leave the network after Comcast’s deal to take over NBC is complete.
Filed under: TV
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Netflix strikes deal to stream NBC shows
Online movie rental company Netflix Inc. and NBC Universal Domestic Television Distribution have expanded their license deal that covers TV shows subscribers can watch instantly by streaming them online, the companies said Friday. Financial terms of the multiyear deal were not disclosed. Get the full story »
Time Warner moves ahead on premium on-demand
Time Warner Inc. could offer premium video-on-demand as early as the first quarter for $20 to $30 per movie in a trial, the company’s CFO said Thursday.
Time Warner is considering making movies available for rent on pay television services shortly after their theatrical release and before their DVD release, Chief Financial Officer John Martin said at a Goldman Sachs investor conference in New York. Get the full story »
NBC Universal CEO unlikely to join Apple Rentals
NBC Universal Chief Executive Jeff Zucker said on Wednesday his company is not likely to follow rivals to make its TV shows available for Apple Inc.’s new 99-cent rental service unveiled earlier this month. Get the full story »
Sep. 17, 2010 at 5:38 p.m.
Filed under: Bankruptcy, Litigation, Media, Newspapers, Radio, TV, Updated Two Tribune creditors file own reorganization plan
Two of the largest senior creditors in Tribune Co.’s bankruptcy case filed a plan of reorganization in Delaware bankruptcy court Friday, providing an alternative solution to the management plan that has been in place since earlier this year.
The move makes allies out of two distressed debt hedge funds, Angelo, Gordon & Co. and Oaktree Capital Management, that had until recently been at odds with each other. And it comes in advance of a court-ordered mediation that is scheduled to begin Sept. 26. Get the full story »
Sep. 16, 2010 at 6:19 a.m.
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Filed under: Consumer electronics, Consumer news, Media, TV, Technology Playstation 3 to play 3-D movies, games
Sony’s PlayStation 3 game console will work as a Blu-ray disc player for 3-D movies and music videos, not just 3-D games, with a software update download starting Sept. 21.
The free-of-charge update for movies and other content had been promised for later this year. But the date is being moved up to ride on the momentum of 3-D popularity, Sony executive Hiroshi Kawano said at the Tokyo Game Show Thursday.
Eisner downplays rumors of Tribune Co. role
Former Disney Chief Executive Michael Eisner is downplaying reports he is being considered to head Tribune Co. after it exits bankruptcy protection.
The 68-year-old told a St. Louis radio station Tuesday that “somebody in the media” read more into his association with Tribune than was real. Get the full story »
Creditor seeks Ch. 11 trustee in Tribune Co. case
A large junior creditor in Tribune Co.’s bankruptcy case asked the judge to appoint a Chapter 11 trustee to administer potential legal claims surrounding the company’s ill-fated 2007 leveraged buyout.
Contending that the debtor, its management and lawyers for the committee of unsecured creditors face too many conflicts of interest, Aurelius Capital Management said appointing an independent third party would be the only way to make sure potential claims get a fair hearing. Get the full story »
Tribune Co. creditors seek to sue Zell over LBO
The unsecured creditor’s committee in Tribune Co.’s bankruptcy case asked a Delaware judge Monday for the right to sue Chicago real estate magnate Sam Zell, company officials and others who participated in the company’s ill-fated 2007 leveraged buyout. Get the full story »
FCC: ‘Super Wi-Fi’ could be a year away
A new flavor of Wi-Fi, with longer range and wall-piercing power, could show up in wireless gadgets a year from now if the Federal Communications Commission works out the last details of new spectrum rules that have been long in the making.
Nearly two years ago, the FCC voted to open up the airwaves between broadcast TV channels — so-called “white spaces” — for wireless broadband connections that would work like Wi-Fi on steroids. But wrangling over key technical details, including concerns about interference with TV signals and wireless microphones, has prevented exploitation of these spaces. Get the full story »
Final season of ‘Oprah’ begins today
The 25th and final season of “The Oprah Winfrey Show” starts airing Monday. And Winfrey has already hinted she’s going out in style. In recently released video of the season’s first episode, the TV talk show host and actor John Travolta dance hand-in-hand through her stage doors to “Love Train” by the O’Jays. Get the full story »
Glasses a deal-breaker for 3-D TV
Aside from the cost of buying 3-D TV sets, the glasses required to watch them are a major hindrance, according to a study released today by The Nielson Co. about consumer attitudes toward 3-D televisions.
Fifty-seven percent of people surveyed cited the glasses as a reason they were not likely to buy a set. Nearly nine in 10 people worry that it will constrain them from multitasking while the TV is on, the survey said. Get the full story »
CNN says Piers Morgan will replace Larry King
After months of speculation, Piers Morgan, the British newspaper editor best-known to U.S. audiences as a judge on NBC’s “America’s Got Talent,” has finally completed talks to take over Larry King’s weeknight talk show on CNN.
Sep. 8, 2010 at 10:06 a.m.
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Filed under: Chicago executives, Media, Newspapers, Personnel moves, Radio, TV Tribune Co. names Liebentritt chief restructuring officer
Chicago Tribune parent Tribune Co. today named Donald Liebentritt chief restructuring officer, effective immediately. The company promoted David Eldersveld to be his successor as general counsel.
WFLD makes Canellis lead sportscaster
Lou Canellis has been named WFLD-Ch. 32’s new lead sportscaster, succeeding Corey McPherrin, who last month became co-host of the station’s low-rated morning program, “Good Day, Chicago.”
