news digest


European Tour in Golf Channel's cup

The Golf Channel said Tuesday that it has inked an agreement making the Comcast-owned network the exclusive home of European Tour events telecast in the U.S., Canada and Japan through 2014. Golf Channel will continue to televise at least 32 European Tour events each year under the new agreement, effective immediately.

Bacharach among Grammy honorees

Songwriting legend Burt Bacharach, the late jazz vocalist Cab Calloway and Rock Hall of Famers the Band are among the acts announced Tuesday to receive the Recording Academy's Lifetime Achievement Award at the 50th annual Grammys. The honors will be doled out at a private event Feb. 9 and publicly the next day during the televised ceremony at Staples Center in Los Angeles.

Paley Festival heads to the Dome

The Paley Center for Media announced plans Tuesday for its 25th annual William S. Paley Television Festival, set for March 14-27 at the Cinerama Dome at the ArcLight Cinemas in Hollywood. Among the honorees will be producer-writer Judd Apatow and two freshman series, ABC's "Pushing Daisies" and the CW's "Gossip Girl."

Vertice 360 first to go public

MADRID — Spanish content powerhouse Vertice 360 is primed for a public listing today on Spain's continuous market exchange, becoming the first Spanish content provider company to float on the public bourse in Spain. The group's activities have multiplied in the lead-up to today's listing, with the past 12 months seeing the integration of about 27 companies, with revenue jumping 53% from €80 million in 2006 to an expected €124 million ($178.6 million) for 2007.

'Sweet' ruling for Disney

A federal court judge has dismissed a copyright infringement lawsuit against Disney filed by Oscar-nominated producer Stuart Benjamin and three others, finding the movie "Sweet Home Alabama" was not based on their screenplay "Rescue Me." District Court Judge George Schiavelli ruled that while there might have been some limited access to "Rescue Me" screenplay by Disney executives, no "substantial similarities" between the scripts exist.

Boxoffice in Italy hits a record high

ROME — This year continues to be an exceptional one for Italian cinema, with total ticket sales surpassing a 21-year-old record with two weeks left in the year. The ticket sales represent an 11% increase compared with last year, and the €565 million ($814 million) in sales compares favorably with the €504 million from a year ago. The difference will grow over the final two weeks of the year, Auditel said.