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Latest media conglomerate Stories

2012-11-28 12:24:09

NEW YORK, Nov. 28, 2012 /PRNewswire/ -- NBCUniversal executive Lenore Moritz has been promoted to the position of Vice President, Communications, Digital and Integrated Media, in NBCUniversal's Entertainment & Digital Networks and Integrated Media (E&DN/IM) division. In this expanded role, Moritz takes on communications oversight of DailyCandy, Fandango, Television Without Pity and elevates her role within Integrated Media (IM) to lead communications for the group. IM is the creative...

2012-11-05 12:22:52

NEW YORK, Nov. 5, 2012 /PRNewswire/ -- NBCUniversal executive Hilary Smith has been promoted to the position of Senior Vice President, Communications for NBCUniversal, Entertainment & Digital Networks and Integrated Media (E&DN/IM). In her new role, Smith will oversee strategic communications and serve as the lead spokesperson for the division, which includes Telemundo, mun2, Bravo Media, Oxygen Media, Style Media, Sprout, DailyCandy, Fandango, iVillage, Television Without Pity and...

2012-10-08 07:23:02

RICHMOND, Va., Oct. 8, 2012 /PRNewswire/ -- Media General, Inc. (NYSE: MEG), a local broadcast television and digital media company, announced today that it has sold The Tampa Tribune and its associated print and digital products to Tampa Media Group, Inc., a new company formed by Revolution Capital Group. The sale closed today. The sale price was $9.5 million, subject to adjustments for working capital and other items, yielding net proceeds before expenses of approximately $2 million....

2012-09-05 06:26:49

NEW YORK, Sept. 5, 2012 /PRNewswire/ -- Cablevision (NYSE: CVC), one of the nation's leading media and telecommunications companies, and CBS Corporation (NYSE: CBS.A and CBS), one of the world's leading content providers, today announced the renewal of their content carriage agreements covering retransmission consent for CBS Owned Stations, and continued carriage of Showtime, Smithsonian Channel and CBS Sports Network. While the majority of Cablevision subscribers are in the New York...

2012-04-05 02:23:13

WASHINGTON, April 5, 2012 /PRNewswire-USNewswire/ -- The 2012 edition of IREX's Media Sustainability Index (MSI) for Europe and Eurasia measures the struggles and triumphs of the media sector in 21 transitioning countries from Croatia to Kazakhstan. Evidence from local media experts shows overall stability in the media sector. Increasing use of digital and social media gives hope for expanding freedom of expression. However, reported backsliding in several countries, partly due to the...

2011-09-15 16:27:00

LOS ANGELES, Sept. 15, 2011 /PRNewswire/ -- Grupo PRISA, one of the leading Spanish- and Portuguese-language media groups, and the Paley Center for Media, the premier nonprofit forum for the media industry, announced today that they will partner for a special gathering of the Paley Center's International Council, a traveling, independent forum dedicated to providing common ground for the global media industries. The summit, which PRISA will host in Madrid, Spain, in April 2012, will focus...

2011-09-14 10:00:00

MADRID, Sept. 14, 2011 /PRNewswire/ -- PRISA Media Group, the world's largest Spanish language media conglomerate, has selected IBM (NYSE: IBM) to create a new digital media platform as part of the firm's commitment to technology innovation and digital business development. PRISA will use IBM analytics software and services over a three year period to consolidate, manage and distribute content across all its media platforms, and enhance its ability to provide its consumers with more...

2011-01-25 13:44:00

MADRID and NEW YORK, Jan. 25, 2011 /PRNewswire/ -- PRISA (Madrid: PRS; NYSE: PRIS) the world's leading Spanish and Portuguese-language education, entertainment and news group today announced that its CEO has appointed Fernando Abril-Martorell as Deputy Chief Executive Officer and Chief Financial Officer of the Group, starting 1 April, 2011. Fernando will report to the CEO Juan Luis Cebrian, who stated: "Fernando brings a wealth of relevant experience, talent and leadership to PRISA as the...

2010-12-02 16:37:00

MADRID, Dec. 2, 2010 /PRNewswire/ -- Spain's competition body, (CNMV) today approved the deal allowing the listing of shares and warrants of PRISA on both the New York and the Spanish Stock Exchanges, as a result of the approval of the merger with Liberty at the Extraordinary General Board Meeting, held on Saturday 27 November. PRISA has already received 650 million Euros, which will serve to restore the finances of the company and repay debt in the restructuring process agreed with...

2009-02-28 14:44:52

The U.S. media group National Amusements says it has reached an agreement allowing it to restructure $1.6 billion in debt. The company, owned by Sumner Redstone and his daughter Shari, and its lenders have reached an initial deal to allow the company to pay back the debt through operations cash flow, the sale of holdings and tax refunds, The Hollywood Reporter said Friday. The agreement also sets 2010 as the new maturity date for the National Amusements debt and forces the media group to...