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Fox Entertainment Shares Advance on Murdoch Comments

Shares in Fox Entertainment Group continued their march upward Wednesday as Wall Street continued to react to word that controlling shareholder News Corp. is considering buying the remaining shares in FEG that it doesn’t already own.Since midday Monday, FEG shares…

Edwards Targets Drug Ads on TV

If Democratic presidential candidate Sen. John Kerry, D-Mass., wins his race for the White House, his administration will crack down on TV ads for prescription drugs, messages that industry critics charge are pushing up the costs of medicine for consumers.That…

ABC’s ‘Desperate Housewives’ No. 1 for the Week

ABC’s Sunday night camp mystery “Desperate Housewives” was the No. 1 program for the week of Sept. 27-Oct. 3 in adults 18 to 49 and total viewers.“Desperate Housewives’” 8.9 rating in adults 18 to 49 and 21.64 million total viewers…

LIN Trims Revenue Guidance for Q3

LIN TV Corp. on Tuesday revised downward its revenue growth projections for the third quarter, citing weaker-than-expected political and automotive advertising as well as the impact of a string of hurricanes on the company’s stations in Puerto Rico.The Providence, R.I.-based…

Ensign Announces Deal to Raise Cap on Indecency Violations, Set Penalties for Performers

In a fast about-face, Sen. John Ensign, R-Nev., late Tuesday announced that he and other leading lawmakers had cut a major legislative deal to raise the cap on indecency fines to $500,000-and clear the way for the Federal Communications Commission…

CBS Monday Comedies, ‘CSI: Miami’ Win Viewers and Adults Demo

CBS won its third Monday of the season in viewers, but Oct. 4 also marked the network’s first Monday night win for 2004-05 in the adults 18 to 49 demographic. Thanks to its two-hour comedy block and “CSI: Miami,” CBS…

Carolla Named ‘The Late Late Show’ Guest Host

The march of the guest hosts on CBS’s “The Late Late Show” continues with the announcement that Adam Carolla will be sitting in Wednesday through Friday at the desk vacated at the end of last summer by Craig Kilborn. That…

2005 Country Music Awards to Air Live From New York

New York will host the 39th Annual Country Music Awards for the first time next year. The show will originate live Nov. 15 from Madison Square Garden on CBS. The announcement was made Tuesday in New York by New York…

Young Sells Rockford Station to Mission Broadcasting

Young Broadcasting on Tuesday said it had struck a deal to sell its ABC affiliate in Rockford, Ill., to Mission Broadcasting for $20.75 million.The sale ends 16 years of Young ownership of WTVO-TV. Proceeds will go toward financing Young’s ongoing…

Public and Community Service Emmys Set for Oct. 21

The National Television Academy will hand out Public and Community Service Emmy Awards for the best PSAs and campaigns seen in 2003 at a luncheon Oct. 21 at the Rainbow Room in New York.NTA also will pay tribute to the…