Broadcasting & Cable - May 15, 2000
BROADCASTING CABLE CHANGING HANDS COVER_STORY EDITORIALS FATES and FORTUNES
| FIFTH ESTATER IN BRIEF - IN BRIEF
- The entertainment industry last year gave nearly $2 million to the committees that work on getting their respective parties elected to Congress,
- Cumulus Media Inc.'s stock price perked up last Tuesday, after the Milwaukee-based radio-station consolidator said it had hired KPMG L.L.P. as its auditor.
- Has 'Playboy' stooped to Conger?
- Network news veteran Jeff Gralnick is stepping aside as executive vice president of business news for CNN and producer of the Moneyline News Hour,' a year after arriving from ABC.
- After the cancellation of PBS' conservative-leaning program National Desk, 'Rep. Billy Tauzin (R-La.) wants the service to make sure it continues to air programs that reflect conservative views.
- After growing 15% from 1998 to 1999, radio revenue was off to a good start in first quarter 2000 as ad spending improved by 21% over 1Q 1999,
- A St. Louis TV cameraman has sued Missouri Gov. Mel Carnahan and his bodyguard for roughing him up during an interview attempt at Jefferson City Airport in April.
- Several key members of Congress are "deeply concerned" about Northpoint Technology's plan to launch a terrestrial multichannel service using frequencies dedicated to direct broadcast satellite services.
- Nasdaq trader Hispanic Broadcasting Corp.-formerly known as Heftel-is moving to the New York Stock Exchange and swapping its "HBCCA" ticker symbol for "HSP."
- Time Warner Cable Chairman Joe Collins takes over the reins of NCTA's board of directors, replacing Time Warner Vice Chairman Ted Turner, whose term expired.
- AT & T's merger with MediaOne Corp. may be approved "within a matter of days," FCC Chairman William Kennard said last week.
- FCC Chairman William Kennard last week predicted that AT & T's merger with MediaOne Corp. would be approved "within a matter of days," but
- Veteran NBC daytime executive Susan D. Lee is leaving the network, and Sheraton Kalouria is joining it to oversee NBC's daytime soap operas.
- A federal judge in Virginia last week threw out a Henrico County law requiring cable companies to offer Internet rivals access to broadband pipelines.
- Paxson, Journal do JSA
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