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BKN Announces Record Earnings and Share Buy-back Program

BKN International AG (BKN), a global animation company engaged in the distribution and marketing of animated children’s television programs and related consumer products, today reported financial results for the year ended September 30, 2005. For the year, Net Income increased 154 percent to EUR 4.3 million, compared with EUR 1.7 million in 2004; while Earnings […]

Ellen Cockrill Upped at Universal

Universal Studios Home Entertainment Family Productions (USHEFP) has promoted Ellen Cockrill to Senior Vice President, Animation Production, where she will supervise all animated series and movies for the group. She will continue to report to Glenn Ross, General Manager and Executive Vice President. [Source: PR Newswire]

Time Warner Reports Third Quarter 2005 Results

Time Warner Inc. on Wednesday reported financial results for its third quarter ended September 30, 2005. For the quarter, Revenues rose 6% over the same period in 2004 to $10.5 billion, led by growth at the Cable, Networks, Filmed Entertainment, and Publishing segments. Operating Income rose 60% to $1.8 billion, due primarily to the absence […]

Viacom Reports Third Quarter Financial Results

Viacom Inc. on Tuesday reported results for its third quarter ended September 30, 2005. Revenues increased 10% to $5.9 billion from $5.4 billion for the same quarter last year, led by growth of 15% in Cable Networks and 54% in Entertainment, as well as increases in Outdoor and Radio. Net earnings per diluted share from […]

Steve Case Resigns From Time Warner Inc. Board

Steve Case, co-founder of America Online and former Chairman of Time Warner Inc.’s Board of Directors, has resigned from his position as a Time Warner director. Mr. Case issued the following statement regarding his departure: The decision to leave the Board is a difficult one, because Time Warner is a great company, and I respect […]

Time Warner Declares Regular Quarterly Dividend

Time Warner’s Board of Directors yesterday declared a regular quarterly dividend of $0.05 per share on its common stock, payable in cash on December 15, 2005 to stockholders of record at the close of business on November 30, 2005. This is the second quarterly dividend declared under the company’s dividend policy, which was announced at […]

"Time Warner Highlights" Released

Just ahead of Time Warner’s announcement of their quarterly financial results, the company has released a Time Warner Highlights edition. The document highlights accomplishments of Time Warner’s businesses and progress in achieving their strategic goals. Online links to further information are also available, including Cartoon Network Emmy Awards and ratings.

LEGO Acquires "Batman," Nickelodeon Licenses

Warner Bros. Consumer Products today announced that they have C21Media the LEGO Group the construction toy license for DC Comics’ Batman. The agreement includes the rights to develop and market construction toys based on the Batman brand, inspired by DC Comics’ comic books; Warner Bros. Animation’s television series, The Batman; Warner Bros. Pictures’ feature film, […]

Viacom Updates Timing of Split Completion

Viacom Inc. announced on Tuesday that it now expects its transaction to separate the company into two publicly traded entities to be completed by the end of 2005. The company previously indicated the transaction was likely to be completed in the first quarter of 2006. [Source: Viacom]

Autodesk to Acquire Alias

Autodesk Inc. will acquire Alias for $182 million in cash, AWN reports. The merger brings the chief 3D software applications — 3ds Max and Maya — under one roof. Autodesk anticipates that the transaction will close within the next four-to-six months.

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