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At Press Time

Apr 30, 2001  •  Post A Comment

Hogan a ringmaster?
Los Angeles-Former World Wrestling Federation star Hulk Hogan is in talks with Universal Studios to create a new wrestling federation to compete with the WWF, sources said. Plans call for live event tapings at Universal Studios, Orlando, Fla., with a possible television outlet on the USA Network. Mr. Hogan is involved in a lawsuit with former World Championship Wrestling owner Warner Bros. over an incident that took place at a pay-per-view event a year ago.
Since then, WWF President Vince McMahon has purchased the WCW and has targeted a mid-June launch date as a grand reopening for the wrestling league on TNN.
Paramount shake-up
Los Angeles-Paramount Domestic Television is undergoing a major shift in its organizational structure. The company will likely bring in Greg Meidel to head worldwide television, while current Co-President Frank Kelly and programming executive Bobbee Gabelmann will likely
depart. Mr. Kelly would probably receive a production deal after his departure.
Meanwhile, fellow Paramount Domestic Television Co-President Joel Berman will probably be bumped up the ladder, overseeing the division. Mr. Meidel would report to Mr. Berman.
Mr. Meidel is the former chairman of Studios USA and former chairman of Universal Studios.
The Paramount shake-up was first reported Friday by Emonline.com.
5 more years for Powell
Washington-President Bush last week announced his intention to give Federal Communications Commission Chairman Michael Powell a five-year extension of his term. Without the extension-which was expected-Mr. Powell’s term would have expired June 30, 2002.