“Time Warner has made an offer to buy Dutch reality TV powerhouse Endemol for $1.4 billion, a deal that would help the Big Brother producer reorganize its sizable debt. It’s a company that is attractive to TW because unscripted reality shows work so well in international markets; besides Big Brother, Endemol’s formats include Deal Or No Deal and Extreme Makeover: …
Live Nation Delivers Sour 3Q Numbers, But Investors are Relieved
“Live Nation sure made it hard to find the good news in its 3Q report. The basic data looks terrible: It had net income from continuing operations of $63M, down 3.1% from last year’s 3Q, on revenues of $1.79B, down 2.5%. The revenue figure was far less than the $1.91B that analysts expected. And the continuing operations delivered 27 cents …