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At Press Time

May 27, 2002  •  Post A Comment

Powell asked to study program concentration
Washington-Three influential senators have asked Federal Communications Commission Chairman Michael Powell to study concentration in the television programming marketplace and its impact on diversity. Senate Commerce Committee Chairman Ernest Hollings, D-S.C., Sen. Herb Kohl, D-Wis., head of the antitrust subcommittee, and Sen. Mike DeWine, R-Ohio, antitrust’s ranking minority member, made the request in a May 22 letter.
Upscale demo bringing more ads to Tonys
Los Angeles-Advertising revenue for the 56th Annual Tony Awards broadcast on CBS this Sunday night is up 10 percent from last year, according to Advertising Age. With a more upscale and professional demographic watching the Tonys than other award shows, this year’s television event has attracted financial services companies such as Credit Suisse First Boston, Charles Schwab & Co. and TD Waterhouse.
Paxson may sue over auction postponement
Washington-Paxson Communications chief Bud Paxson said he probably will sue to overturn a Federal Communications Commission decision Friday that postponed the auctions of TV channels 60-69 until Jan. 14, 2003. If the auctions were to be held June 19 this year as originally planned, Mr. Paxson was positioned to reap a substantial payoff from winning bidders by agreeing to clear his 19 TV stations from the band early.