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NBC Won’t Redeem Paxson Shares NBC has elected not to exercise its right to redeem all or part of its Paxson Communications Corp. Series B convertible exchangeable preferred stock, Paxson announced today. NBC owns about 32 percent of Paxson, which…

Beyond Peter Arnett

Peter Arnett made a mistake by appearing on Iraqi television, but he should not have been fired. His mistake was making a crucial decision while working under the most stressful conditions imaginable. Arnett was filing 10 to 20 stories a…

News Briefs

For the second time in its history, ABC News’ Nightline has won two George Foster Peabody Awards in the same year, one for a program that focused on the recovery of burn victims of the 9/11 attack on the Pentagon…

Battles, Wounds and Terror

Fierce World War II battles in the Pacific, told from the point of view of a decorated Marine sergeant who went on to become an acclaimed biographer, and an inside-the-Oval-Office look at Washington’s response to the 9/11 terror attacks are…

Biz Briefs

Sinclair Broadcast Group said Thursday that it is revising its estimates for its first-quarter net broadcast revenues due to the impact of the war in Iraq on advertising spending. Sinclair did not update or reconfirm its full-year revenue estimates, saying…

News Directors Are Under Fire From All Sides

As the Radio-Television Association convenes this week at the National Association of Broadcasters conference in Las Vegas, the men and women who run local news operations find themselves confronted by unprecedented challenges, ranging from the expensive conversion to high-definition broadcasting…

Necessary Technology

As station executives gather for this week’s National Association of Broadcasters 2003 technology showcase in Las Vegas, engineers, general managers and news directors are window shopping, looking for the tools they’ll need to further or finish their stations’ digital transition.Stations…

On the merger block

DirecTV, the nation’s largest satellite-delivered programming service, has been the center of a great deal of speculation over its fate for nearly two years. A merger bid by EchoStar was nixed by the government. Last week SBC Communications dropped out…

Quick Takes

“All news is biased. We need, and have, multiple sources from which to construct a balanced picture. More worrying is the hunger for high drama and sensationalism at all the networks. This has contributed to a degradation of news programming…

Targeting Affluent Viewers

Conventional wisdom says that the best way to reach the most affluent adults is likely through key upscale magazines and some newspapers. But David Marans, research director for media agency MindShare U.S., has another idea: TV.The problem, in general, is…