PxPixel
ALTV planning shutdown? - Broadcasting & Cable

ALTV planning shutdown?

Author:
Publish date:

The Association of Local Television Stations, which has fought hard for cable
and satellite must carry, appears to be preparing to shut its doors.

Sources say the organization's executive committee plans to meet this month
and finalize closure plans, then present them to the board for a vote.

The association has money in reserve it will need to disperse, which should
keep it open for a few months, sources say.

ALTV's days appeared numbered when members Chris-Craft and Paramount Station
Group were purchased by News Corp. and Viacom, respectively.

Both companies have pulled their networks and TV stations out of the National
Association of Broadcasters and are thought to be unlikely to continue paying
dues to another association that supports the TV stations rather than the parent
network.

ALTV President Jim Hedlund and Board Chairman Ray Rajewski of Viacom Stations
Group were unavailable for comment.

Related