Stations are looking everywhere, from the local newspaper business pages to the financial world, for people with the expertise to handle the job of financial reporter.Ilyce Glink, financial reporter for WGN-TV, the Tribune Broadcasting Co.-owned independent in Chicago, was a…
Vivendi Universal moves one step closer June 23 to selling its U.S. entertainment assets, accepting bids from the six parties interested in either some or all of the French conglomerate’s properties.A source close to the company said that Paris-based Vivendi…
Cablevision Systems saw its shares drop 6 percent in the two trading days that followed the company’s revelation that it had fired 14 executives at its AMC Networks unit for accounting improprieties.However, several Wall Street analysts surveyed by TelevisionWeek said…
As increasingly large, diverse companies run the media, flare-ups like the one last week between CBS News and The New York Times could become more common. At the center of the dispute is whether CBS went beyond acceptable ethical standards…
ABC Entertainment Television Group has named Sheldon Rabinowitz senior VP, finance. Mr. Rabinowitz will be responsible for all financial, accounting and planning functions for ABC Entertainment, Touchstone Television, ABC Daytime and ABC Kids. Before joining ABC, Mr. Rabinowitz served two…
He’s big and bald, a former Marine and a current Chicago police officer, but since 1994 “Big” Steve Wilkos has been best known as head of security for the “Jerry Springer Show,” where he frequently has to break up fights…
The prospects for a legislative overthrow of the Federal Communications Commission’s relaxation of its media ownership restrictions improved dramatically last week when Sen. Ted Stevens, R-Alaska, emerged as a leading champion of a rollback.Before the Republican lawmaker showed his colors,…
Goodbye To InsomniacsDerek McGinty signs off as co-anchor of ABC’s “World News Now” early, early Friday after more than three years delivering news and chuckles to insomniacs. He’s returning to Washington to anchor a 7 p.m. newscast being developed by…
Flexing the $3 billion muscle it brings to the national TV marketplace, Omnicom Group’s OMD, New York-backed by two key clients-is formulating a strategy to upend the upfront.According to those with knowledge of the plan, OMD executives met last week…
With unemployment high and the stock market all too uncertain, Americans are paying more attention to financial issues these days-and local TV news is working to cater to their needs.“Business news can be a great local franchise,” said Brahm Resnik,…