Networks

Outdoor Shares Surge On Latest Offer

Stock Up 6%, Investors Gear For Bidding War
By: Mike Farrell May 3 2013 - 1:35pm
Stock Up 6%, Investors Gear For Bidding War

InterMedia Partners continued the bidding war for Outdoor Channel Friday, raising the ante once again for the outdoor life network, goosing the stock and giving investors hope that the back-and-forth of the past few days will continue to drive up shares.

InterMedia’s $9.75 per share bid trumps the $9.35 per share offer by rival Kroenke Sports & Entertainment, which in turn was a response to InterMedia’s $9.15 per share all-cash offer, made on April 30.

Sprout Launches on Cablevision's Optimum TV

Pre-School Channel Launches On Digital Basic, TV Everywhere
By: Kent Gibbons May 2 2013 - 9:51pm
Pre-School Channel Launches On Digital Basic, TV Everywhere
Pajanimals image

Sprout and Cablevision Systems will announce today (May 3) that the pre-schoolers' channel has launched on Optimum TV and Optimum TV to GO, the cable company's TV Everywhere offering.

Kroenke Ups Offer For Outdoor Channel

Network Accepts Denver Group’s Sweetened Offer of $9.35 Per Share
By: Mike Farrell May 2 2013 - 7:12pm
Network Accepts Denver Group’s Sweetened Offer of $9.35 Per Share

It looks as if the proxy fight for Outdoor Channel is over soon after it started, with Kroenke Sports & Entertainment agreeing to increase its offer for the outdoor lifestyle network to $9.35 per share, besting a  $9.15 per share bid made by rival InterMedia Partners on April 30.

In a statement, Outdoor Channel said it has accepted the sweetened Kroenke bid and recommends that its shareholders vote in favor of the deal in a special meeting of stockholders slated for May 8 at 9 a.m. PST at Outdoor Channel headquarters in Temecula, Calif..

Revenue, Cash Flow Rise At Crown Media

Ad Sales Drive Results
By: Mike Farrell May 2 2013 - 11:03am
Ad Sales Drive Results

Revenue in the first quarter at Crown Media, parent of the Hallmark Channel, was up 2% to $85.6 million, as strong broadcast ad sales drove results.

Overall advertising revenue increased 2% to $65.2 million from $63.9 million in the 2012. Subscriber fee revenue increased 2% to $20.1 million from $19.8 million last year due to contractual rate increases.

'Golden Beacon' Finalists Are From C-SPAN, History, USA Network

ACC Honors Nominees, Names Winner At Beacon Awards Dinner May 9 In D.C.
By: MCN Staff Apr 30 2013 - 2:29pm
ACC Honors Nominees, Names Winner At Beacon Awards Dinner May 9 In D.C.
Beacon Award

The Association of Cable Communicators said the three nominees for the association’s highest honor, the Golden Beacon Award, are: C-SPAN at the Republican National Convention, C-SPAN Networks; "Mankind Connected: A Global Teach-In," History; and "Characters Unite," USA Network.

Dubuc to CEO at A+E Nets, Raven Made Chairman

Programmer Takes Reins at Cable Giant
By: Jon Lafayette/B&C Apr 22 2013 - 4:06pm
Programmer Takes Reins at Cable Giant
Abbe Raven of A&E Networks.

Nancy Dubuc, whose programming boosted History and Lifetime, has been appointed president and CEO of A+E Networks, succeeding Abbe Raven, who is being elevated to chairman.

As chairman, effective June 1, Raven will be responsible for A+E Networks’ long-term business and revenue opportunities and public policy initiatives. Dubuc, as the third CEO in A+E’s 30-year history, will oversee the day to day operations of the company, with the brand groups and business divisions reporting to her.

A+E Networks is a joint venture of The Walt Disney Co. and Hearst.

WE tv's Traci Braxton Appears In PSA On Cancer Prevention

By: MCN Staff Apr 9 2013 - 2:52pm

WE tv and the Foundation for Women’s Cancer have eamed together to create an original PSA designed to educate the public on prevention, early detection and treatment of cancers unique to women.

Cablevision Gets $525M From Voom Settlement

AMC Nets $175M
By: Mike Farrell Apr 8 2013 - 9:38pm
AMC Nets $175M

AMC Networks received about $175 million from the settlement of its Voom litigation with Dish Network last year, with former parent Cablevision receiving the lion’s share, or about $525 million, according to documents filed Monday with the Securities and Exchange Commission.

Ali Velshi Joins Al Jazeera America

Ex-CNN Anchor Hosts Half-Hour Show On Economy For New Network
By: John Eggerton Apr 4 2013 - 5:42pm
Ex-CNN Anchor Hosts Half-Hour Show On Economy For New Network

Ali Velshi, whose exit from CNN was just announced this week, is joining Al Jazeera America as host of a half-hour, primetime series focusing on the economy.

The show will be produced out of New York and will start as a weekly with plans to expand to five days a week.

FCC Postpones Cablevision-GSN Hearing

Sets Mid-July Date to Hear Carriage Case
By: Mike Farrell & John Eggerton Apr 3 2013 - 10:42pm
Sets Mid-July Date to Hear Carriage Case

A Federal Communications Commission hearing in the years-long carriage dispute between Cablevision Systems and GSN has been pushed back until mid-July after the FCC administrative law judge and parties involved agreed to the delay in hopes of getting some guidance from the U.S. Court of Appeals in the Tennis Channel/Comcast suit.

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