MCN Mobile
Login  |  Register          Free Newsletter Subscription
Subscribe to MCN Magazine
Email
Print
Reprint
Learn RSS

This Just In

Staff -- Multichannel News, 1/28/2002

Jain Joins Insight as CFO

New York— Insight Communications Co. Inc. has hired former NTL Inc. executive Dinni Jain as chief financial officer. Jain, who had served as a regional managing director for the U.K. cable and telephone service provider, takes one of the titles from Kim Kelly, who remains the MSO's executive vice president and COO.

In a research report, UBS Warburg LLC high-yield cable analyst Aryeh Bourkoff called the hiring a positive move that shows Insight is bolstering its management team.

Insight's president and CEO Michael Willner is a director of NTL, which is also based here.

VOD Rollouts Lift Concurrent

Atlanta— Powered by VOD rollouts at Time Warner Cable, Concurrent Computer Corp. reported a profit of $56,000 in its second quarter, versus a net loss of $4.2 million in the prior-year period.

The company reported revenue of $22.5 million during the quarter ended Dec. 31, 2001 compared to $14.5 million in the year-earlier span. Most of the increase came from its Xstreme video-on-demand division, where quarterly revenues jumped to $12.4 million from $1.8 million.

President and CEO Jack Bryant expects VOD division revenue to be in the $12 million to $14 million range for each of the next two quarters, paced by the five to seven new VOD rollouts Concurrent expects in the first quarter.

McFarland Leaves Lifetime Post

Los Angeles— Lifetime Television vice president of affiliate ad sales and distribution marketing Dave McFarland left the women's-targeted network last week, several industry sources said.

McFarland is scheduled to co-chair the Cabletelevision Advertising Bureau's Local Sales Management Conference, set for June in Salt Lake City, Utah. The CAB offered no word as to whether McFarland's role may change.

Lifetime did not return phone calls by press time.

PPV Gets Kids Flick Before Home Video

New York— In a rare movie window coup for the pay-per-view industry, TVN Entertainment Inc. and In Demand will distribute Buena Vista Television's family-oriented Max Keeble's Big Move on pay-per-view well in advance of the film's home video release.

TVN is currently offering its customers Keeble, which isn't slated to hit home video until June, network executives said. In Demand will debut the movie, which generated $17.1 million at the box office, in February. Buena Vista PPV representatives would not comment on its decision to offer the movie to PPV first.

Powell Returns Home After Hospital Tests

Washington— Federal Communications Commission chairman Michael Powell, hospitalized twice this month with an undisclosed illness, was expected to return home Friday to recuperate after a new round of testing, FCC spokesman David Fiske said.

Powell, 38, became ill two weeks ago with a suspected case of food poisoning in Las Vegas and entered a local hospital for two days. Last week, Powell, still under the weather, checked into Walter Reed Army Hospital here, where he underwent a battery of tests.

Email
Print
Reprint
Learn RSS

Talkback

We would love your feedback!

Post a comment

» VIEW ALL TALKBACK THREADS

Related Content

Related Content

 

By This Author

PRODUCT WIRE




 
Advertisement

More Content

  • Voices
  • Photos
  • Podcasts

Voices


Sorry, no blogs are active for this topic.

» VIEW ALL BLOGS RSS

Photos

  • Cable Hall of Fame
    Six cable industry leaders were inducted into the Cable Hall of Fame last week during a ceremony held in conjunction with The Cable Center’s Cable Days at the Colorado Convention Center in Denver.
  • History Wraps Up NYC Subway
    To promote the third season of its hit series ‘Cities of the Underworld,’ History executed the first-ever full advertising wrap of the exterior and interior of a New York City subway car.
  • DCI Rings In Debut on NASDAQ Exchange
    Discovery Communications executives and several on-air personalities from across Discovery’s networks rang the opening bell at the NASDAQ stock exchange to commemorate the first day of trading as a public company.

Podcasts

Advertisements





NEWSLETTERS

Click on a title below to learn more.

Multichannel Newswire
MCN HD Update
MCN Cable Technology
MCN Local Cable Advertising Sales
MCN Hispanic Television Update
MCN HD Programming
Multichannel Multicultural Newsletter
Multichannel Friday First Read
©2009 Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
Use of this Web site is subject to its Terms of Use | Privacy Policy
Please visit these other Reed Business sites