Deals & Dealmakers


AFTRA has SAG at arm's length Daily Variety - May 8, 2008 In a move underlining the deep divisions between the two performers unions, AFTRA's not letting the Screen Actors Guild get back into the negotiating room with the majors --- at least for a few weeks. The American Federation of Television & Radio Artists spurned a SAG bid Wednesday to postpone its primetime negotiations with the majors so the guild could continue its talks, which ended as schedule...
Sundance Channel is sold to Cablevision for $496 million Los Angeles Times - May 8, 2008 Cablevision Systems Corp. said Wednesday that it was wading deeper into the cable programming business by buying the Sundance Channel from its famous co-founder, Robert Redford, and two media companies for $496 million....
News Corp. defends moves; As profit soars, the media giant says it's optimistic MySpace will continue to grow. Los Angeles Times - May 8, 2008 News Corp. executives worked Wednesday to bolster investor confidence for MySpace, the online social network it won praise for buying in 2005 but lately has attracted concern from Wall Street. Chief Operating Officer Peter Chernin acknowledged that Fox Interactive Media, which includes MySpace, would fall 10% short of revenue projections for the fiscal year. But he said that social networks are th...
Google and Sprint form partnership to improve mobile experience Internet Business News - May 8, 2008 A partnership has been formed by Google Inc (Nasdaq:GOOG), an Internet search engine company, and Sprint Nextel, a provider of wireless and wireline communications services, intended to more deeply integrate Google applications and services into the mobile experience of Sprint customer....
Disney diet adding heft Daily Variety - May 7, 2008 NEW YORK Disney's streamlined film strategy is starting to pay off. The conglom reported stellar fiscal second-quarter results propelled by the studio division and surprisingly healthy theme-park numbers. Operating profit from all segments rose 21%, and revenue increased 10% over the year-earlier period. Income from continuing operations increased 22% to $1.1 billion. Of total revenue of $8.7 bill...

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