At a time when many assume that younger, tech-savvy people are turning their backs on print media, a highly regarded researcher has come up with evidence that young adults actually read more consumer magazines than older folks. ...Read the whole story
Fox Entertainment President Peter Liguori brushed aside suggestions that "American Idol" may be losing steam Thursday, while saying the network's new 2007-08 schedule is "based on stability." That's thanks to returning shows on six nights this fall and seven next spring. Still, the network has 10 new series in the can. ...Read the whole story
Looking to shake up its prime-time lineup, CW will add three new dramas, a new comedy and two reality series, including one without commercials--rare for a broadcast network. There are other new TV ad wrinkles, all part of the net's efforts to continue to see its "content wraps." ...Read the whole story
Gushing private-equity dollars may be too much to resist for the 49-station Nexstar Broadcasting group. The station operator, which had a difficult first quarter, said Thursday it's retained Goldman Sachs to explore a possible sale. The news sent the company's stock soaring. ...Read the whole story
New York's venerable Madison Square Garden may be one of the few pro-sports venues resisting the temptation to sell its name to a corporation, but the trend just got closer--literally. On Thursday, MSG's adjacent 5,600-seat theater facility became the WaMu Theater at Madison Square Garden, via a multiyear deal with the eponymous national bank. ...Read the whole story
Fox may have righted its ship somewhat on Wednesday with "American Idol," which returned to double-digit ratings after weeks of low numbers. ...Read the whole story
Magazines launched 57 new digital initiatives in the first quarter of 2007, according to the Magazine Publishers of America. The digital forays involved a variety of formats, including podcasts, new online video features, user-generated content, social networks, Web site redesigns and content for mobile phones. ...Read the whole story
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