Latest Television industry News

Asian stocks lower on US-China trade worries

Sep. 25, 2018 12:49 AM EDT

BEIJING (AP) — Asian stock markets were mostly lower Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,775.91 and Sydney's...

AT&T fires back in bid to preserve its deal with Time Warner

Sep. 20, 2018 6:47 PM EDT

WASHINGTON (AP) — Fighting to defend its $81 billion takeover of Time Warner from a government challenge, AT&T is arguing the Trump Justice Department has failed to show that the merger will raise prices for pay-TV programming and for the consumers who watch it. The AT&T-Time Warner marriage was...

South Carolina TV plant says they are off Trump tariff list

Sep. 19, 2018 5:46 PM EDT

WINNSBORO, S.C. (AP) — A South Carolina television maker says it can stay open after President Donald Trump's administration took its parts off a tariff levied against China. A spokesman for Gov. Henry McMaster says the components Element TV Company uses to make its televisions are off the tariff list....

Fox Sports 1's 'Lock It In' leads rise of gambling TV shows

Sep. 12, 2018 5:23 PM EDT

LOS ANGELES (AP) — Sports and gambling have been inextricably linked for Sal Iacono ever since he was a 6-year-old trying to win baseball cards off his fellow kids in the schoolyard. As he grew up, went to law school and eventually became a television personality, Iacono's passion for betting and fantasy...

CBS sets aside $120 million for Moonves, but will he see it?

Sep. 11, 2018 12:12 AM EDT

NEW YORK (AP) — CBS revealed Monday that it set aside $120 million in severance for ousted chief executive Leslie Moonves. But whether he sees a penny of it is one of the tough and potentially incendiary decisions the network faces after his resignation over sexual misconduct accusations. Despite Moonves'...

The Latest: Moonves ouster could make CBS takeover target

Sep. 10, 2018 11:15 PM EDT

NEW YORK (AP) — The Latest on the ouster of CBS chief Les Moonves (all times local): 3:25 p.m. The resignation of longtime CBS chief Les Moonves won't likely lead to drastic changes in network programs, but it could make the company ripe for a takeover. Moonves was ousted on Sunday, just hours after the...

After Moonves, CBS takeover possible in new media landscape

Sep. 10, 2018 9:06 PM EDT

NEW YORK (AP) — The resignation of longtime CBS chief Les Moonves won't likely lead to drastic changes in network programs, but a related deal could make the company ripe for a takeover as traditional media companies compete with upstarts such as Netflix and Amazon. Moonves was ousted Sunday, just hours...

With the fall of a kingmaker, CBS is punished on Wall Street

Sep. 10, 2018 12:14 PM EDT

NEW YORK (AP) — Sizing up a future of a network without its kingmaker, Wall Street sent shares of CBS down sharply Monday, the first day of trading since the departure of Les Moonves. CBS said late Sunday, as more allegations of sexual abuse surfaced, that Moonves would be replaced and that the company was...

CBS' Les Moonves quits after new sex misconduct charges

Sep. 9, 2018 11:23 PM EDT

NEW YORK (AP) — CBS Chief Les Moonves resigned Sunday, just hours after six more women accused the veteran television executive of sexual misconduct. The resignation is effective immediately, CBS said in a statement posted on its website Sunday night. The New Yorker magazine reported the latest allegations...

McGrath ends boycott of Sinclair TV stations

Sep. 6, 2018 2:52 PM EDT

FRANKFORT, Ky. (AP) — A Democratic congressional candidate in Kentucky has ended her boycott of Sinclair Broadcast Group. Amy McGrath pulled her TV ads from Sinclair stations in April amid a Democratic primary after it was revealed the company required its local news anchors to read a statement decrying...