Filed under: BROADCAST/CABLE
Hollywood directors are entering a tentative contract deal with studios after a mere five days of talks. The agreement puts pressure on striking writers to end their walkout that has lasted over more than months. Among other things, the directors’ deal sets new residuals for Internet content. (http://news.yahoo.com/s/ap/20080117/ap_en_bu/hollywood_labor 1/17)
About 35% of Americans are changing their media consumption habits as a result of the Hollywood writers strike, according to a report by the consultancy firm Interpret. Some 27% are watching less network television. Many viewers are turning to video games and DVDs. (http://www.worldscreen.com/newscurrent.php?filename=strike011708.htm 1/17)
NBC Universal, hamstrung by the Hollywood writers strike, is near a decision to cancel the glitzy “upfront” presentation it holds every May to introduce new prime-time television shows to advertisers, affiliates and the media. Chief Jeff Zucker might meet one-on-one with advertisers instead. (http://www.reuters.com/article/ousiv/idUSN1745116420080118 1/18)
The worsening economy might lead private-equity firms to break up or shut down media companies they have acquired recently, warns Michael Copps, a Democratic member of the U.S. Federal Communications Commission. Private equity in media should be investigated, he says. (http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20080117-000967-1241 1/17)
Comcast needs to replace Brian Roberts with a “qualified CEO,” because the U.S. cable giant’s stock is a “Comcastrophe,” says Chieftain Capital, an investment advisory firm that owns some 60 million shares of the company. Comcast is said to be providing “zero return” to investors. (http://www.reuters.com/article/companyNews/idUSN1723901820080117 1/17)
Executives from Verizon are meeting with officials from New York City about a 15-year video franchise, according to the New York Daily News. If the deal goes through, Verizon’s FiOS TV offering would be in direct competition with New York’s top cable providers, including Cablevision and Time Warner Cable. (CED Magazine 1/17)
A new pilot project for HBO from producer David Milch called Last of the Ninth, is set in the 1970s and focuses on the corruption within the NYPD, reports THR. No word yet on casting.
VH1 has given the go-ahead for three new projects:
- VH1 is teaming with P.Diddy on a reality competition series to find a person to be his assistant and is scheduled to debut this summer.
- egotrip’s Miss Rap Supreme - VH1 will work with egotrip for another series and this time ten female contestants from all over the U.S. will live together in Los Angeles where their talent, stage persona and smarts will be challenged during eight episodes. This series is set to premiere this April.
- Celebracadabra - Seven TV and film celebrities learn and perform magic tricks from top magicians at the Magic Castle in Los Angeles. The participants will perform in front of an audience and be judged by a panel of experts who will select who continues to the next round for a chance to win a grand prize.












