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Hubbard, Weinsteins Ready Ovation Relaunch

Hubbard Media Group and movie producers Harvey and Bob Weinstein are getting ready to relaunch Ovation, The Arts Network, and jump-start its distribution and ad sales. The two are part of a group of investors that purchased Ovation last week for about $50 million. Hubbard has a relationship with DirecTV that could help Ovation quickly increase its 5.3 million subscriber base, while the Weinsteins are expected to offer creative input. They already produce TV shows, such as Bravo's "Project Runway," as well as movies. "Are they our partners because they're going to make all the programs for Ovation? Of course not," says Stanley Hubbard, Hubbard's chairman. He says they sit at the board table and are partners in the enterprise. "They bring sensibilities to this that they've proven in the marketplace."

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