Grupo Televisa Buys $1.2 Billion Stake in Univision

The courtship continues: After unsuccessfully bidding to buy Univision in 2007, Mexico’s Grupo Televisa has now acquired a 5% stake — and the option to buy up to 40% — in the New York-based Spanish-language broadcaster for $1…

Toshiba Unveils No-Glasses 3-D TV

Toshiba (TOSBF) unveiled a new 3-D TV that viewers can watch without wearing special glasses.

The 3-D liquid crystal display TV uses a high-definition screen backlit with LEDs, a special sheet on the screen and chip technology to display information from nine images, The New York Times reported.

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The TV can convert 2-D images into 3-D and will sell for prices as low as 120,000 yen…

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Toshiba Unveils No-Glasses 3-D TV originally appeared on DailyFinance on Mon, 04 Oct 2010 08:15:00.

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Political Ad Spending Will Fatten Broadcasters This Year

TV station political revenues may hit $2.5 billion in 2010, a 25% increase above 2006, SNL Kagan says. Among the biggest beneficiaries: conservative broadcaster Sinclair, which has the largest footprint of all independent stati…

Fox Broadcasting Has Sold Over 90% of Superbowl Ad Time

News Corp.’s (NWS) Fox Broadcasting has sold more than 90% of its Superbowl advertising time, almost five months ahead of the event.

The broadcaster is charging an average of about $3 million for a 30-second ad, Reuters reported without naming its sources.

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The strong sales suggest that advertisers are still wiling to pay top dollar for the chance to reach an audience of 100 million…

Continue reading Fox Broadcasting Has Sold Over 90% of Superbowl Ad Time

Fox Broadcasting Has Sold Over 90% of Superbowl Ad Time originally appeared on DailyFinance on Thu, 16 Sep 2010 06:39:00.

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Sluggish TV Sales Create Huge Glut of LCD Panels

Lower-than-expected flat-screen TV sales have created a glut in liquid-crystal display panels and are unlikely to be bolstered anytime soon from 3-D TV demand. That means prices for LCD panels — and TVs — are falling once aga…