The News Review:
- Trump Entertainment to miss interest payment
- Execs agree deal’sa milestone
- FAM must crack the whip or nothing will ever change
- A Look Ahead At Hispanic Media
- The Walt Disney Company Reports Earnings for Fiscal Year 2008
- Financial News Stock Quotes and other Investment Tools
- PacificNet Presents Mobile & Lottery Gaming Technologies at the …
Trump Entertainment to miss interest payment
MarketWatch
The company said then that it was controlling its costs and that its 21 top-paid executives had agreed to a 5% salary cut. Trump Entertainment has agreed to sell the Trump Marina for $270 million to Coastal Development LLC a New York resort hotel and gambling developer. A Coastal affiliate also controls the Suffolk Downs racetrack in Boston.
Execs agree deal’sa milestone
Sports Business Journal (subscription) NC
The deal which saw ESPN bid $100 million more than Fox to secure the BCS rights had attendees questioning what broadcasters had to do to be able to compete for future rights. Cable networks like ESPN have an advantage thanks to their dual revenue streams from advertising and affiliate sales. ESPN which gets about $4 per subscriber per month from cable and satellite operators pulls in more from affiliate revenue than other national cable networks giving it another advantage. The consensus seemed to be that broadcasters will have to change their strategy. “There’s this whole issue of retransmission consent” said Fox Sports Networks President Bob Thompson. “That can become their second revenue stream. You have to decide if you’re going to go after cash or get other channels launched on the cable side.
FAM must crack the whip or nothing will ever change
New Straits Times Malaysia
State FAs should also shed their volunteers image and hire professionals to administer operations if they are serious about the game. Sultan Ahmad Shah has after a long time publicly rebuked affiliates for not meeting their financial obligations but he mustn’t stop there. He has to crack the whip even harder and if this means kicking an affiliate out of the MSL or Premier League so be it. If not another brainstorming session will be held in the near future and we will revisit the same problems again.
A Look Ahead At Hispanic Media
Multichannel News NY
Low-Power StationsLow-power stations are expected to step up pressure on the incoming Obama administration to consider a proposal to allow Class A television stations a chance to apply to earn full-power TV status. Many of these stations which earlier this year were rebuffed by the Federal Communications Commission fear they will go dark come the February DTV switch. Randy Nonberg member of the coalition and president of Una Vez Más the largest Azteca América affiliate group has said that the limitations originally imposed by the FCC on low-power television stations made sense in the analog broadcast era but not in today’s digital times. SyndicationSyndication is virtually nonexistent in the Hispanic market but its double-digit growth in the general market (ad revenue for syndicated television grew 10% in the first half of 2008) is expected to compel more players to get in the game. So far the biggest step this year was taken by LATV which acquired AIM TV the producer of syndicated shows American Latino and LatiNation that target bicultural and bilingual Latinos for an undisclosed amount.
The Walt Disney Company Reports Earnings for Fiscal Year 2008
MarketWatch
1 billion for the year driven by increases at ESPN higher income at our cable equity investments and increases at ABC Family and the domestic Disney Channels partially offset by a favorable settlement of a claim with a distributor in the prior year at the international Disney Channels. The growth at ESPN was driven by higher affiliate and advertising revenue partially offset by higher programming administrative and marketing costs. The increase in affiliate revenue was due to contractual rate increases and subscriber growth. Increased advertising revenues reflected improved rates and ratings. Growth at our cable equity investments was primarily due to higher affiliate and advertising revenue at Lifetime and a gain on the sale of a European cable channel. The growth at ABC Family was primarily due to the absence of Major League Baseball programming costs higher affiliate revenue reflecting contractual rate increases and higher advertising revenue reflecting higher average ratings and rates. The increase at the domestic Disney Channel was primarily due to higher affiliate revenue reflecting subscriber growth and contractual rate increases and strong DVD sales of High School Musical 2.
Related from Greenjolly: Victory in the Eurovision, yet Lordi makes a loss
Financial News Stock Quotes and other Investment Tools
TransWorldNews (press release) GA
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PacificNet Presents Mobile & Lottery Gaming Technologies at the …
MarketWatch
We are excited about how rapidly mobile gaming isexpanding and the huge market potential. Despite the worldwide economicslowdown we are seeing impressive growth opportunities in China Macau andAsia and steady demand for our products in mobile gaming lottery and e-commerce. The Casino Affiliate Convention is one of the largest events in the i-gaming industry covering affiliate marketing and advertising for the internetgaming industry including poker and bingo. The two-day event includeskeynote speeches networking and a large trade show. For more informationplease see.