At Press Time

Nov 18, 2002  •  Post A Comment

New York-Peter Jennings has finally crossed the t’s and dotted the i’s on a new contract that will keep him anchoring “ABC World News Tonight” for three more years. It also provides for him to start an independent production company with a five-year commitment from ABC to purchase a minimum of four hours of prime-time programming per year.
Adelstein confirmed
Washington-Jonathan Adelstein’s long-pending nomination for a Democratic seat on the Federal Communications Commission received Senate confirmation late Thursday as part of a package deal that included dozens of nominees for federal appointments. The appointment gives the Democrats two FCC slots and Republicans three.
`Restaurant’ a reality
New York-Magna Global Entertainment will produce a new limited reality series called “The Restaurant” that will air next summer on NBC, Advertising Age reports.
The six-episode show, following the lives of a New York restaurant’s owner, staff and patrons, will be produced with Tribeca Films and Reveille, a production company affiliated with Vivendi Universal Entertainment. Top Magna Global clients will be given access to product integration deals and media time. Neither NBC nor Magna Global executives returned calls.
$1.4 mil Oscar tab
Los Angeles-ABC is asking a hefty $1.4 million for a 30-second spot in February’s “Academy Awards” broadcast, according to a report in Advertising Age. Pricing for the Oscars is up from this year’s $1.2 million to $1.3 million range and equals the $1.4 million ABC fetched for the 2001 broadcast.