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Suspect nabbed after ‘Power, Privilege’ profile It’s not yet “America’s Most Wanted,” but “Dominick Dunne’s Power, Privilege and Justice,” Court TV’s new series that recently premiered to high ratings, can already notch its first captured fugitive. Just two weeks after…

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Vivendi Universal in sharp stock drop Vivendi Universal lost more than 40 percent of its capitalized value Tuesday in Paris, and traded down sharply in early-day trading in the U.S., on speculation that the company boosted its 2001 net profit…

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Messier pressured, agrees to resign from Vivendi/Universal Jean-Marie Messier, the French media baron who bought Universal Studios a little over a year ago, has agreed to resign as chairman/CEO of Vivendi Universal — an ouster resulting from a boardroom battle…

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‘Buffy’s’ Emmy chances slayed by ‘human error’ The Academy of Television Arts and Sciences forgot to add “Buffy the Vampire Slayer” to the list of the potential Emmy contenders on this year’s nomination ballots in the drama writing category for…

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Promax/BDA to give itself thorough review Despite the uptick in tempo and attitude at the Promax & BDA convention, organizers are looking hard at the fiscal health of the organization. Sources said that at a board meeting earlier in the…

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Kellner keynotes branding at Promax As expected, Promax & BDA’s stop in Hollywood brought out the best and brightest of the promotional creative community. With a clearly positive mood that the worst was behind them, the floor of the convention…

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Adelphia files for Chapter 11 Adelphia Communications, the nation’s sixth largest multiple system operator, has filed for Chapter 11 bankruptcy protection. The filing, in New York U.S. Bankruptcy Court, became all but inevitable after Adelphia missed a $96 million bond…

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Advance/Newhouse, Time Warner Cable restructure partnership Advance/Newhouse Communications will take an active management role in some of the cable systems in its partnership with Time Warner Cable. Advance/Newhouse will manage systems in Central Florida; Tampa Bay, Fla.; Birmingham, Ala; Indianapolis;…

Editorial: Door opens for fin-syn II

Federal Communications Commission Chairman Michael Powell is on the right track with his new plan to examine the full package of media ownership restrictions, his goal being to craft a set of regulations that will stand up in court.An especially…

Show subs product placements for spots

Michael Davies, who broke the mold in producing a prime-time network game show, “Who Wants to be a Millionaire,” is looking to change the rules again when it comes to advertisers and live prime-time network TV.A new proposed show, “Live…