Emmis to Annouce HD Initiative at NAB
Emmis Communications is planning to announce Tuesday at the National Association of Broadcasters annual convention in Las Vegas a broadcaster initiative to provide multichannel high-definition video. In a statement, the company said the plan would “give broadcasters the opportunity to reclaim a portion of the revenues they’ve lost to cable.”
News Corp. Adds Two Board Member, Loses One: News Corp. on Friday said it elected two new members to its board of directors, and a current board member has resigned. The changes raise the number of board members at the media giant from 13 to 14.
Elected was Peter Barnes, the former president of Philip Morris Asia and currently president Winemakers’ Federation of Australia. Mr. Barnes, 61, is based in Sydney, Australia.
Also named to the board was Viet Dinh, 36, a professor at Georgetown University’s law school and a former clerk to U.S. Supreme Court Justice Sandra Day O’Connor. Before joining Georgetown, Mr. Dinh was an assistant attorney general of legal policy at the U.S. Department of Justice.
Meanwhile, Director Graham Kraehe stepped down as a board member Friday, a move that has been expected since he was named chairman of that National Australia Bank.
Goldstein Resigns as WNYW News Director: Neal Goldstein, who had been news director of the news operation of Fox’s WNYW-TV-WWOR-TV duopoly in New York since October 2001, has resigned for what a Fox Television Stations spokeswoman said were “personal reasons.” Mr. Goldstein’s exit was announced Friday at the two stations by duopoly general manager Jim Clayton, who had brought Mr. Goldstein with him from Detroit Fox station WJBK-TV.
Paxson Execs’ Earnings Rise: Paxson Communications Chairman and CEO Lowell “Bud” Paxson earned 60 percent more in 2003 than in the previous year, according to a Securities and Exchange Commission filing. The increase was attributed to a rise in his base salary and a bonus for a year in which the company narrowed its losses but also lost revenue.
Mr. Paxson, whose debt-laden company has struggled to develop a cohesive programming strategy, saw his total remuneration reach $1.25 million in 2003 vs. a year-earlier figure of nearly $777,700, as his base salary rose to $818,600 from a year-earlier $744,150. Mr. Paxson earned a bonus of more than $409,000 in 2003, compared with no bonus the year before.
Dean Goodman, Paxson’s president and chief operating officer, took home $1.45 million in 2003, up from $503,500 a year earlier. Though his base salary remained unchanged, Mr. Goodman earned a bonus of more than $182,000 and collected nearly $790,000 in other compensation in connection with the difference between exercised stock options and the fair market value of the stock backing those options at the time he exercised them.
Levinson to Leave Court TV: Dan Levinson, executive VP, Marketing at Court TV, has decided to leave the network at the end of May, the network announced. Court TV said it was already talking to possible replacements.
MTV’s ‘Video Music Awards’ to Air Aug. 29: MTV’s “2004 MTV Video Music Awards” will air Aug. 29 at 8 p.m. live from Miami’s American Airlines Arena. It’s the first time the award show will originate in Miami. Host, nominees and presenters for the VMA’s have not been announced yet.
HBO Family to Air ‘Smashed’: HBO Family will premiere a new documentary, “Smashed: Toxic Tales of Teen and Alcohol May 13. The film, which looks at teen-age drinking and driving and how it affects the lives of everyone involved, is part of HBO Family’s “The Parent Handbook” series of documentary specials.