news digest


Kagan bought by SNL Financial

Media analysis firm Kagan Research said Wednesday that it has been purchased for an undisclosed amount by SNL Financial, which has used its new acquisition to create SNL Media & Communications. Kagan has been providing forecasting and financial data about the entertainment industry since 1969. SNL was founded in 1987 and provides similar information about the energy, real estate and financial industries. The company said Wednesday that its media and communications business will cover 260 companies and provide such metrics as subscriber counts and churn rates, merger and acquisition news, capital offerings, conference call transcripts, advertising revenue splits and more.

Thompson tees off with Golf Channel

Comcast Corp. executive Page Thompson has been named president of the company's Golf Channel, filling a post that has been vacant since June. Thompson, former senior vp and GM video services at Comcast, takes over the post held by David Manougian, who was upped to CEO of the channel last year. Thompson will oversee all operations at the Golf Channel and also will focus on leveraging the network's 15-year deal with the PGA Tour to bring unique content to viewers. At Comcast, Thompson was responsible for the company's video product for its 24.2 million cable customers and is credited with building the company's VOD service. He will make the transition from Philadelphia to the Golf Channel's Orlando headquarters in May.

'Start Over' included in Dis, TWC deal

NEW YORK — The Walt Disney Co. and Time Warner Cable announced distribution agreements Wednesday that include retransmission consent for ABC-owned TV stations and the deployment of TWC's "Start Over" system for some Disney programming. Financial terms of the deal weren't announced. A key part of the deal gives TWC retransmission consent for ABC's O&Os in New York, Los Angeles and elsewhere. It also includes ABC Family, Disney Channel, ESPN, ESPN HD, ESPN2, ESPN News, ESPN Classic, SoapNet and Toon Disney. But the agreement also includes several on-demand aspects for TWC. The MSO has agreed to offer ESPNU, ESPN2 HD, ESPN Deportes and Disney Channel on-demand to its subscribers. Those subscription VOD channels will launch this year and in 2008.

AccessIT taps McGlamery as ad group head

Access Integrated Technologies has announced that Bill McGlamery will become president and COO of the company's advertising and creative services division, previously UniqueScreen Media. He was CEO of Star Cinemas. Before that, McGlamery founded and served as CEO of cinema advertising company Cinema Screen Media, whose clients included Regal Cinemas and Marcus Theatres. McGlamery will join AccessIT on May 1. Current president Bob Martin is scheduled to retire from the company at the end of May.

Veoh Nets, AMD have TV Solutions

Veoh Networks will distribute video from their broadband platform directly to consumers' televisions through a new collaboration with technology company Advanced Micro Devices, the Internet broadcasting company said Wednesday. Through Active TV Solutions, driven by AMD, consumers will be able to stream broadcast and broadband content from the PC to the TV. Veoh, which uses distribution technologies that allow for unlimited capacity for long and shortform programming, is backed financially by Michael Eisner's Torante Group, Time Warner Inc. and Shelter Capital Partners.