Filed under: BROADCAST/CABLE | Tags: Arts, Battlestar Galactica, Discovery Channel, HBO, Programs, Sci Fi Channel, Science Fiction and Fantasy, Television
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The hotter-than-hot “Army Wives” continues to set records for Lifetime. A week after the Season 2 premiere pulled in 4.5 million viewers, a high-water mark for the female-focused channel, the net last Sunday night attracted 1.98 million women in the 25-to-54 demographic. (Broadcasting & Cable 6/16)
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Documentaries from HBO and Cinemax will now be available online for purchase through Amazon-owned CreateSpace’s DVD on Demand offering. The first movie in the new deal, “When I Knew,” which looks at when people first knew they were gay, will be available June 26, a day after its Cinemax premiere. (World Screen News 6/16)
Investors say General Electric could help its languishing shares — now near 4 1/2-year lows — by selling off businesses in its portfolio. But the company is resisting calls that it should sell its 80% stake in NBC Universal. GE says it is committed to a diversified business model. (Iwantmedia 6/17, http://www.reuters.com/article/businessNews/idUSN1647648820080616 6/16)
News Corp. shares are getting a boost from their 52-week lows following a positive report by Lehman Brothers analyst Anthony DiClemente. The media giant is a good buy at the current price, DiClemente says, noting that MySpace continues to show strong revenue growth. (Iwantmedia 6/17, http://biz.yahoo.com/ap/080613/news_corp_mover.html 6/13)
Multiplatform international sports broadcaster WCSN formed a joint venture with NBC Sports hoping to build a larger audience around sports largely overlooked by existing sports brands including Gymnastics, Track and Field, Swimming and Biking. The Universal Sports brand will replace WCSN’s linear digital channel later this summer – currently in about 2 million digital multicasts homes – and launch as the ad-supported web portal Universal Sports.com in July. (Cynopsis 6/17, Reuters/The Hollywood Reporter 6/17, The Washington Post/paidContent.org 6/16)
As part of its deal to separate from Time Warner, Time Warner Cable is looking to sell $5 billion in bonds to pay a cash dividend to shareholders of the parent company, according to one report. The spinoff is expected to give the country’s second-largest cable provider far more flexibility and freedom in charting its own future. (BusinessWeek/Standard & Poor’s Equity Research 6/17, Bloomberg 6/16, Reuters 6/16)
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