Hot Off The Press: The Latest TV News and Information - Page 3192 - AVS Forum
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TV Notes
On The Air Tonight
WEDNESDAY Network Primetime/Late Night Options
(All shows are in HD unless noted; start times are ET. Network late night shows are preceded by late local news)

8PM - The Middle
(R - Oct. 2)
8:30PM - The Goldbergs
(R - Dec. 10)
9PM - Modern Family
(R - Feb. 5)
9:31PM - The Middle
(R - Oct. 9)
10PM - Motive
* * * *
11:35PM - Jimmy Kimmel Live! (Gordon Ramsay; Bobcat Goldthwait; Common performs)
12:37AM - Nightline

8PM - Big Brother
9PM - Extant
10PM - Criminal Minds
(R - Sep. 25)
* * * *
11:35PM - Late Show with David Letterman (Eric Stonestreet; summer toy demo; Brody Dalle performs)
12:37AM - Late Show with Craig Ferguson (Larry King)

8PM - America's Got Talent (120 min.)
10PM - Taxi Brooklyn
* * * *
11:34PM - The Tonight Show Starring Jimmy Fallon (Robin Wright; Josh Charles; Weezer performs)
12:36AM - Late Night with Seth Meyers (Ricky Gervais; designer Zac Posen; G-Eazy performs)
1:37AM - Last Call with Carson Daly (Nasty Gal CEO Sophia Amoruso; L.P. performs; musical group Ume)
(R - May 5)

8PM - So You Think You Can Dance (120 min.)

(check your local listing for starting time/programming)
8PM - My Wild Affair: The Ape Who Went to College
9iPM - NOVA - Australia's First 4 Billion Years: Life Explodes
(R - Apr. 17, 2013)
10PM - Sex in the Wild: Orangutans

8PM - Mi Corazón Es Tuyo
9PM - Lo Que La Vida Me Robó
10PM - Qué Pobres Tan Ricos

8PM - Arrow
(R - Feb. 5)
9PM - The 100
(R - Apr. 16)

8PM - Reina De Corazones
9PM - En Otra Piel
10PM - El Señor de los Cielos

11PM - The Daily Show With Jon Stewart (George Takei)
11:31PM - The Colbert Report (Mary Mazzio and Oscar Vazquez)
12:01AM - At Midnight (Jonah Ray; Emily Gordon; Kumail Nanjiani)
12:31AM - The Meltdown With Jonah and Kumail (Series Premiere)

11PM - Conan (Stephen Moyer; producer Roger Corman; band Boy & Bear)

11PM - Chelsea Lately (Frank Grillo)
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post #95732 of 95733 Old Today, 12:12 AM
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TV/Business Notes
WGA issues a 'call to arms' over proposed Fox-Time Warner deal
By Richard Verrier, Los Angeles Times' 'Company Town' Blog - Jul. 22, 2014

The Writers Guild of America, West is stepping up its fight over Rupert Murdoch's proposed $80-billion offer to acquire Time Warner Inc.

In an email letter to members Tuesday, the guild's leaders issued a "call to arms" in response to the offer from 21st Century Fox, saying the merger and other media deals threaten the livelihoods of writers.

"As writers, we face a landscape today that the founders of our Guild would hardly recognize," wrote Guild President Chris Keyser and negotiating committee Co-Chairs Chip Johannessen and Billy Ray. "For decades, there were dozens of significant buyers in television and movies. Then Federal limits on mergers disappeared."

The resulting industrywide consolidation has reduced opportunities for writers, the letter added: "Fewer movies being made. Fewer development deals. Smaller TV staffs. And lower quotes ... because the industry was suddenly in the hands of only six - six! - conglomerates. And the Writers Guild, without a voice in Washington to protest, was unable to save the business from strangling itself.

Now, those six conglomerates are threatening to swallow one another. Think of that. Between them, Fox and Time-Warner would control 40% of the industry’s writing jobs. What happens if more consolidation follows? What happens if one mega-company ends up devouring them all?"

Keyser and his colleagues concluded by asking members to contribute to the union's political action committee in Washington.

"The checks you write to your favorite Senate candidates cannot influence policy," they wrote. "But a powerful PAC, supporting candidates in the name of the WGA, gives us a fighting chance in the war against the corporate madness that threatens us all."
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post #95733 of 95733 Old Today, 12:19 AM
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Business Notes
Netflix Eyes Global Streaming Domination As It Crosses 50 Million Subscriber Mark
By Samantha Sharf, - Jul. 21, 2014

Netflix biggest hits give viewers up close and personal looks at two American institutions. House of Cards portrays the dark side of power in the federal government, while Orange is the New Black pulls back the curtain on the good, the bad and the ugly of our prison system. In its latest earnings report, however, the California based video streaming powerhouse made it clear that its ambition lies far beyond American shores.

Netflix reported $1.34 billion in second quarter revenue, up 36.9% from the same period last year with international streaming contributing $307 million, more than double international revenue a year ago. Overall net income came in at $71 million, up from just $29 million a year ago but slightly below Wall Street analysts’ consensus estimate. Earnings per share were $1.15, a penny ahead of the Street’s $1.14 estimate.

The company finished the second quarter with 50 million subscribers, adding 1.69 million from the end of the first quarter. This closely watched statistic also came in ahead of the company’s previous estimate for 49.8 million. Most of the growth came from outside of the United States with 1.12 million new international subscribers for a total of 13.8 million international members.

Looking to the third quarter, the company expects revenue to come in at $1.2 billion, with $877 million coming from domestic streaming and $347 million from international. Net income is anticipated to be $55 million and earnings per share 89 cents. By the end of the quarter Netflix anticipates a total of 53.74 million adding 3.69 million members with more than 60% of them coming from abroad.

That is because this September Netflix will launch in Germany, France, Austria, Switzerland, Belgium and Luxembourg. In a letter to shareholders Monday Netflix CEO Reed Hastings and CFO David Wells, noted,

This launch into markets with over 60 million broadband households will significantly increase our European presence and raise our current international addressable market to over 180 million broadband households, or 2x the number of current U.S. broadband households.

Our international contribution loss of ($15.3) million has been rapidly approaching contribution profitability as we see improvements across all existing markets. Our broad success from Argentina to Finland has convinced us to further invest aggressively in global expansion.”

On the content front, Hastings and Wells called Orange is the New Black Season 2 release, “every bit the global media event we had hoped for.” In the month after the full season came out it was the most watch series in every Netflix territory with many people even re-watching the first season. They added, “Reflecting the increasingly global nature of the Netflix service, we now have original series in production around the world, involving some of the best storytellers working in television and film today.”

Netflix shares initially popped about 2% following the after hours release, before settling at gains of less than 1% to about $453.70 about 45 minutes after the release. The slight gain added to upward momentum throughout the day that sharply contrasted the overall market downturn.

The stock gained 300% in 2013 and is up close to 23% year-to-date. The S&P 500 Index is up just under 7% in the same period. Netflix’s momentum has been largely positive since the streaming company reported first quarter earnings in April. In late May shares crossed the $400 mark for the first time helping cofounder and CEO Reed Hastings join the billionaire ranks. FORBES’ Brian Solomon reported,

Most of Hastings’ fortune is tied up in Netflix stock and options, which Forbes calculates at over $900 million. His total estimated net worth surpasses $1 billion when you factor in his other assets, including about $120 million in post-tax profits from stock sales over the last 5 years.”
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