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NBCU to Lop Off 500 Jobs

NBC Universal could slash as many as 500 jobs across the company, or about 3% of its total workforce, according to an executive with knowledge of the media giant’s plans. More


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NEWS FROM THE WEB


  • AMPTP Details Final Contract Offer to SAG
    The trade group for Hollywood's producers has published the details of its final offer to the Screen Actors Guild in an effort to convince performers that its contract proposal does not justify a "debilitating strike in the middle of a historic national economic crisis."
  • Cablevision Opens New Online Store
    Cablevision Systems Corp. has launched a revamped Optimum Store.com, a site providing the operator’s customers with access to information and significant savings on an array of consumer electronics products
  • HGTV Camps Out for Tournament of Roses Parade
    HGTV will provide live coverage of the 120th Tournament of Roses Parade Thursday, Jan. 1 starting at 11 a.m. ET.
  • TWC Preps 24-Hour News Channel for Western N.Y.
    Time Warner Cable will launch its 11th local news operation when a channel debuts in 2009 to cover Buffalo and the Western New York region.
  • Sprout To Air Christmas Eve ‘Snooze-A-Thon’ For Preschoolers
    Sprout is offering its preschool version of the televised “Yule Log,” a programming block this Christmas Eve designed for parents trying to get their little ones settled down and ready for bed. 
  • Macrovision To Gild Guide Promos With Video
    New York—Macrovision Solutions, looking to add some sizzle to the static banner ads that run in its on-screen guides, is planning to sell full-screen, interactive video sponsorships starting early next year.
  • Summit Deal Brings ‘Twilight’ to Showtime
    Showtime Thursday inked a deal with Summit Entertainment that secures the rights to up to 42 theatrical releases and gives the network another lynchpin in its effort to rebuild its movie library after Paramount, MGM and Lionsgate opted to take their films to a new premium cable channel of their own.
  • Scripps Puts ‘The Rocky’ Up for Sale
    E.W. Scripps Co. is looking to unload the Rocky Mountain News, the Denver-based newspaper it has owned and operated since 1926.
  • Discovery Takes Investigation Channel Abroad
    Discovery Networks International Thursday said it will launch its Investigation Discovery channel in the United Kingdom on Tuesday, Jan. 20.

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Discovery Emerging Networks senior vice president Deborah Adler Myers discusses plans to bring more exciting and fun programming to Discovery’s three digital services, Science Channel, Investigation Discovery and Military Channel.
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  • Photos

Cable Hall of Fame
Six cable industry leaders were inducted into the Cable Hall of Fame last week during a ceremony held in conjunction with The Cable Center’s Cable Days at the Colorado Convention Center in Denver.
History Wraps Up NYC Subway
To promote the third season of its hit series ‘Cities of the Underworld,’ History executed the first-ever full advertising wrap of the exterior and interior of a New York City subway car.
DCI Rings In Debut on NASDAQ Exchange
Discovery Communications executives and several on-air personalities from across Discovery’s networks rang the opening bell at the NASDAQ stock exchange to commemorate the first day of trading as a public company.

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