Time Warner Cable has signed up 20,000 customers for HD service in New York City, or 4% of its digital subscribers. While consumers aren't buying many HD sets, they are showing a good deal of interest, retailers say.
John Malone's Liberty Media, film studio Metro-Goldwyn-Mayer, General Electric, oil tycoon Marvin Davis and Edgar Bronfman Jr., submitted bids for Vivendi Universal's entertainment assets. Liberty Media is viewed as a frontrunner because it has a large pool of cash. Absent from the bidding was Viacom, which reportedly is interested mainly in the Sci Fi channel.
TV stations generated about $72 million in online ad revenue in 2002, according to a survey to be released this week by research firm Borrell Associates. About 25% of the stations surveyed said they used the Internet to lure new-to-TV advertisers.
The number of black characters or black-focused shows on TV has grown, a fact not gone unnoticed by advertisers. A report says the number of alcohol ads on shows that appeal to blacks has grown in tandem with the rise in black characters on TV.