television business

television business

Apple’s upcoming streaming TV service again tipped by CBS CEO

Sony in transition: a new CEO takes control amidst mounting losses

www.theverge.com
Kazuo Karai is set to take control of the once mighty Sony in April. His first order of business is the unenviable task of turning around a company that hasn't posted a profit in four years under the weight of a strong yen and a poor performing television business. Outgoing...
Sony in transition: a new CEO takes control amidst mounting losses

TIME WARNER CEO: I Hope Apple Makes A TV (AAPL, TWX)

www.businessinsider.com
When Apple sells its own television, Time Warner CEO Jeff Bewkes will be one of the first in line to buy one. Speaking at our IGNITION conference, he was asked what he thought of Apple doing a TV. "I hope they do," he said, "I think Apple is a great...
TIME WARNER CEO: I Hope Apple Makes A TV (AAPL, TWX)

Sony aims to become ‘One’, will fire 10,000 workers and spend $926 million on restructuring

thenextweb.com
Japanese electronics giant Sony‘s new management team has laid out its plans to reinvigorate the company’s businesses and look for growth in other and new markets. Under the header ‘One Sony’, it will start by laying off 10,000 employees – projecting to spend 75 billion yen (roughly $926 million) on...
Sony aims to become ‘One’, will fire 10,000 workers and spend $926 million on restructuring

Sharp, Lenovo in Talks on China TV Partnership

online.wsj.com
Cash-strapped Sharp Corp. is looking to team up with Lenovo Group to help resurrect its television business in China....
Sharp, Lenovo in Talks on China TV Partnership

PlayStation boss Kazuo Hirai becomes president of Sony

arstechnica.com
Kazuo Hirai has been named as President and CEO of Sony Corporation. He will take the role on 1 April, and replace Howard Stringer in both roles. Howard Stringer will become chairman of the board of directors in June, when Yotaro Kobayashi retires. Hirai is also expected to be...
PlayStation boss Kazuo Hirai becomes president of Sony

Sony continues to improve in fiscal Q3 with $23.39 billion in revenue, $115 million net loss

thenextweb.com
As the company continues to overhaul its operations to return to profitability, Sony managed to hold onto modest operating profits during its third fiscal quarter, reporting $23.39 billion (¥1.948 trillion) in revenue and $496 million (¥46.4 billion) in operating income, but it did post a net loss of $115 million...
Sony continues to improve in fiscal Q3 with $23.39 billion in revenue, $115 million net loss

Sony completes Ericsson buyout to form Sony Mobile Communications

thenextweb.com
Sony has completed the deal to buy partner Ericsson out of the companies’ joint Sony Ericsson mobile venture, according to confirmation posted to Reuters. The company will now be named Sony Mobile Communications and owned wholly by the Japanese entertainment giant. Swedish firm Ericsson has confirmed that Sony has paid the $1.29...
Sony completes Ericsson buyout to form Sony Mobile Communications

Verizon Sends Signal on TV Fees

online.wsj.com
Verizon Communications is proposing to shake up the pay-television business based on a simple premise: it wants to tie the fees it pays to carry TV channels to how many people actually watch them....
Verizon Sends Signal on TV Fees

Walt Disney buys LucasFilm, promises Star Wars Episode 7 in 2015

arstechnica.com
On Tuesday afternoon, the Walt Disney Company announced in a press release shortly before its investor call that it would acquire 100 percent of LucasFilm LTD for $4.05 billion, in cash and stock. In the press release, Disney also said it would invest in a Star Wars Episode 7 which...
Walt Disney buys LucasFilm, promises Star Wars Episode 7 in 2015

Deadlist Catch producer launches digital studio

paidcontent.org
Original Productions, long established as one of the most prolific reality series production shops in the cable television business, has announced the formation of a digital production studio. The company, founded by producer Thom Beers in 1999 and acquired by FremantleMedia in 2009, will now produce series specifically made for...
Deadlist Catch producer launches digital studio

LG Profit Falls, TV Business Weighs

allthingsd.com
LG Electronics Inc.’s first-quarter net profit slumped 91 percent from a year earlier, weighed down by the lackluster performance of its television business, but the company predicted a better second quarter with the global rollout of its latest smartphone. As the TV business continues to suffer from thin margins due...
LG Profit Falls, TV Business Weighs

What CBS CEO Les Moonves told Steve Jobs when he declined an Apple subscription deal last year

thenextweb.com
Whilst it was known that CBS turned down a deal to provide content for a new Apple TV subscription service last year, it has been revealed by the company’s CEO Les Moonves that he was personally approached by Steve Jobs for talks, but declined an agreement. The CBS chief told attendees...
What CBS CEO Les Moonves told Steve Jobs when he declined an Apple subscription deal last year

Apple exec: Television may not be in the cards for now

news.cnet.com
Eddy Cue, Apple's head of Internet software and services, says Apple won't get into the television business unless it can create a great user experience, which isn't the slam dunk people think it is. [Read more]...
Apple exec: Television may not be in the cards for now

Two Reasons Apple Will Make A Television, Not Just A Little Apple TV Box (AAPL)

www.businessinsider.com
The most recent round of reporting on Apple's television project centered on the idea that it would just make a suped-up version of the current Apple TV. Jessica Vascellaro and Shalini Ramachandran at the Wall Street Journal reported, "Apple Inc. is in talks with some of the biggest U.S. cable...
Two Reasons Apple Will Make A Television, Not Just A Little Apple TV Box (AAPL)
CBS CEO Leslie Moonves again says he denied Steve Jobs access to TV programming for fear of disrupting revenue streams

Aereo Wins a Court Battle, Dismaying Broadcasters

bits.blogs.nytimes.com
Aereo challenges one of the most basic tenets of the television business. Broadcasters have been trying to sue it out of existence for a year. But after suffering a big setback on Monday, the broadcast world may have to learn to live with it....
Aereo Wins a Court Battle, Dismaying Broadcasters
Nexus 4 & Smart TVs give LG a big Q4 boost

Steve Jobs Discussed Potential Television Deal with CBS CEO Les Moonves

www.macrumors.com
Last November, CBS CEO Les Moonves acknowledged that his company had been in talks with Apple about a potential streaming television service, revealing that CBS had ultimately declined to support the plan due to Apple's demands that it include a split of advertising revenue between the two companies. As noted...
Steve Jobs Discussed Potential Television Deal with CBS CEO Les Moonves

Steve Jobs approached Leslie Moonves about streaming service, CBS exec says

www.engadget.com
At this point, it'd be more of a shock if Apple wasn't working on a streaming media service. Still, we're surprised to hear that Steve Jobs was personally involved in trying to corral support from the entertainment industry. CBS CEO Leslie Moonves revealed during a talk at the UCLA Entertainment...
Steve Jobs approached Leslie Moonves about streaming service, CBS exec says

Philips Says It’s ‘Cautious’ About 2012 After Reporting Loss

www.businessweek.com
Royal Philips Electronics NV, the world’s biggest lightbulb maker, said it’s “cautious” about prospects for 2012 after writedowns, sluggish sales and costs to exit a television business led to its biggest loss in a decade....
Philips Says It’s ‘Cautious’ About 2012 After Reporting Loss
Mobcaster users raise over $100K for full-length indie TV shows (exclusive)

ESPN: No talks yet about Apple TV authentication

paidcontent.org
As the most powerful programming brand on cable television, you’d expect that ESPN would spend the day of its upfront presentation bolstering its still-very-lucrative linear television business. But the Disney-owned sports channel spent most of Tuesday hyping — and shooting down rumors about — new digital initiatives. Notably, an ESPN...
ESPN: No talks yet about Apple TV authentication
Against all odds, 'Community' returns for a fourth season tonight

Four Weird Things the Internet Is Doing to Our Understanding of Television

allthingsd.com
People seem really intent these days on fusing television with the Internet. On one level this makes no sense. Television technology works just fine and we all understand how to use it. We’re also in the midst of a golden age when it comes to programming; I can’t remember another...
Four Weird Things the Internet Is Doing to Our Understanding of Television

The day CBS turned down Steve Jobs’ TV deal

tech.fortune.cnn.com
Jobs invited Lester Moonves to help him disrupt show business. Moonves passed. Moonves. Photo: Neilson Barnard/Getty Images “I told Steve, ‘You know more than me about 99 percent of things but I know more about the television business.’ “ That’s Lester Moonves, CEO of CBS (CBS), recalling a meeting with...
The day CBS turned down Steve Jobs’ TV deal
Semiconductor blues: Samsung may sell LCD business, Elpida faces uncertainty

Sony Chief Unveils Plans to Revive Company

bits.blogs.nytimes.com
Kazuo Hirai said he would focus Sony's resources away from its unprofitable television business and more toward mobile devices, cameras and games. Read more »...
Sony Chief Unveils Plans to Revive Company

News Corporation is selling its 44% share of Sky TV New Zealand

thenextweb.com
News Corporation is selling its 44 percent share in the Sky TV network in New Zealand in a move that will see it exit the business that it established in the country in 1987, according to a brief announcement made today. News Limited — the subsidiary through which News Corporation operates...
News Corporation is selling its 44% share of Sky TV New Zealand

Apple in talks to use Apple TV as cable box, report says

www.washingtonpost.com
Apple is reportedly trying to make further inroads into the living room by asking cable companies to let consumers use the Apple TV set-top box to watch live television. In a report from the Wall Street Journal, unnamed sources said that the Cupertino, Calif.-based company is talking to cable operators...
Apple in talks to use Apple TV as cable box, report says
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