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Sep 21, 2011

Exclusive: Netflix, Discovery in new streaming deal

NEW YORK (Reuters) – Netflix Inc and Discovery Communications Inc have reached an agreement to bring episodes of popular TV adventure shows including “Man vs. Wild” and “River Monsters” to the streaming service, according to people close to the deal.

The deal is the first major move by Discovery to make full episodes of its TV shows available for instant streaming, expanding well beyond the short clips that are now available on video sites such as Google Inc’s YouTube

Sep 21, 2011

Exclusive: Netflix, Discovery in new streaming deal: sources

NEW YORK (Reuters) – Netflix Inc and Discovery Communications Inc have reached an agreement to bring episodes of popular TV adventure shows including “Man vs. Wild” and “River Monsters” to the streaming service, according to people close to the deal.

The deal is the first major move by Discovery to make full episodes of its TV shows available for instant streaming, expanding well beyond the short clips that are now available on video sites such as Google Inc’s YouTube

Sep 21, 2011

Netflix, Discovery in new streaming deal – sources

NEW YORK, Sept 21 (Reuters) – Netflix Inc (NFLX.O: Quote, Profile, Research, Stock Buzz) and
Discovery Communications Inc (DISCA.O: Quote, Profile, Research, Stock Buzz) have reached an
agreement to bring episodes of popular TV adventure shows
including “Man vs. Wild” and “River Monsters” to the streaming
service, according to people close to the deal.

The deal is the first major move by Discovery to make full
episodes of its TV shows available for instant streaming,
expanding well beyond the short clips that are now available on
video sites such as Google Inc’s (GOOG.O: Quote, Profile, Research, Stock Buzz) YouTube

Sep 19, 2011

Analysis: Netflix’s new name is slow to catch hold

By Paul Thomasch

(Reuters) – It’s difficult to remember, harder to spell and may go down as one of the biggest brand blunders in recent memory — meet Qwikster.

Starting in a few weeks those familiar red envelopes that arrive with DVDs in millions of mailboxes will no longer carry the name Netflix, as they have since 1998. Instead, they will come from the newly branded Qwikster, a name Netflix Inc Chief Executive Reed Hastings choose because “it refers to quick delivery.”

Sep 16, 2011

RIM shares battered as questions swirl about future

NEW YORK (Reuters) – Investors punished Research In Motion on Friday, driving the stock down 20 percent and raising fresh questions about whether management — and even the company — can overcome a raft of troubles.

The sell-off, which in the first hours of trade wiped out some $3 billion of RIM’s market capitalization, underscored how bad times have become for the one-time smartphone leader, once a byword for corporate communication.

Sep 14, 2011

Top advertising chief sees calm amid economic storm

NEW YORK (Reuters) – The stubbornly bad jobs and housing markets in the United States coupled with Europe’s debt crisis have created fear that the advertising market could be headed for a major pullback next year.

But Universal McCann Chief Executive Jacki Kelley is not easily scared. In an exclusive interview with Reuters, she said that advertising budgets can withstand mounting economic worries and are not destined to experience the deep, nerve-rattling cuts that marked the 2007-09 recession.

Sep 14, 2011
via MediaFile

File under acceptance: CBS knows it must pay up for the NFL

Photo

This time of year, it seems everybody loves football. The players, the fans, and, of course, the TV executives. And what’s not to like about football if you’re running a TV network, provided you have a deal with the NFL? Check it out, a total of 107 million viewers tuned into games between Thursday and Sunday on CBS, ESPN, Fox and NBC.

So it should come as no surprise that CBS Chief Executive Les Moonves, while speaking at today’s Bank of America conference, said he intended to renew the contract with the NFL when it expires in three years. “No surprise there,” he said. Indeed. The bigger question is what will CBS end up paying? Just last week, ESPN signed a new contract with the NFL at $1.9 billion a year. Repeat: $1.9 billion. That is about 73 percent more than ESPN previously paid the NFL.

Sep 9, 2011

Analysis: Plenty of backstage drama in TV season

NEW YORK (Reuters) – This fall’s TV schedule will be full of twenty-somethings looking for love, singers searching out fame and dinosaurs hunting down dinner — and if that’s not enough, there promises to be a heap of drama behind the scenes.

What unfolds at NBC and ABC will be among the most closely watched developments of the 2011-12 season. Both have relatively new entertainment chiefs in Bob Greenblatt and Paul Lee, who made major changes to their prime-time schedules in hopes of resurrecting ratings and satisfying management at Comcast Corp and Walt Disney Co.

Sep 8, 2011

Major Yahoo shareholder calls for new board

NEW YORK (Reuters) – Shareholder activist Daniel Loeb has scooped up shares of Yahoo Inc and is demanding that the company overhaul its board, saying the directors have made “serious misjudgments” and “destroyed value” for stockholders.

A “reconstituted board with new directors who will bring fresh eyes, relevant industry expertise and increased investor alignment to the table is immediately necessary,” wrote Loeb the chief executive of hedge fund Third Point LLC, which has about $8 billion under management and now owns about 5 percent of Yahoo shares.

Sep 1, 2011

Irene another blow to struggling New Jersey city

PATERSON, New Jersey (Reuters) – The devastation from Hurricane Irene is the latest setback for this working-class city of 150,000 people that has lost its industrial glory and fallen behind its wealthier neighbors.

Emblematic of the epic flooding in the northeastern United States, the New Jersey city of Paterson has known its share of adversity, from bruising labor strife a century ago to heartache from the September 11 attacks in 2001.