Broadcasting & Cable - July 24, 2000
BROADCASTING CABLE CHANGING HANDS COVER_STORY EDITORIALS
| FATES and FORTUNES FIFTH ESTATER IN BRIEF - IN BRIEF
- Wall Street smiled last week on the long-awaited news that the Justice Department had cleared the $23.5 billion merger of radio giants AMFM Inc. and Clear Channel Communications Inc.
- Wcvb-tv Boston became the second station in the market to change its anchor lineup last week,
- Atlanta TV stations experienced additional tension on an already difficult story when Piedmont Hospital officials tried to deny wxia-tv and wsb-tv reports that Sen. Paul Coverdell had died Tuesday night.
- Fewer than two in 10 DTV owners rely on over-the-air signals for their programming, according to a survey released last week by the National Consumers League.
- Dick Kurlander, vice president, programming, Petry Television, has resigned effective Aug. 15.
- Quantel, the UK-based manufacturer of broadcast graphics and effects systems, has completed a $76.6 million management buyout from parent company Carlton Communications.
- CBS can't get enough of 'Big Brother.'
- Pegasus Communications, Bala Cynwyd, Pa., has closed a deal to sell its 11 broadcast towers to tower operator SpectraSite Broadcast Group,
- Prompted by a flurry of media coverage, a group of AT & T's institutional investors, primarily religious groups, have sent a letter to AT & T
- DES, a Los Angeles-based media-application service provider whose clients include DreamWorks SKG, Paramount, Warner Bros. and Universal, has introduced the Global Media Engine,
- In a media marriage sparked by the heat of competition, CNet was set to take over ZDNet last week in a $1.6 billion stock swap.
- Correction:
- Nader, Cronkite testify on reporters' behalf
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