1996年7月8日月曜日 の再生

THE MEDIA BUSINESS;News Corp. May Sell Stake In Children's Programming

Date: 09 July 1996

By Geraldine Fabrikant

Geraldine Fabrikant

The News Corporation is considering selling stock in its children's programming operations to the public, several people with knowledge of the discussions said yesterday. Such a sale could provide the company with money to start children's cable channels, should it choose to do so. The core of the children's programming business is called the Fox Children's Network, consisting of 19 hours of programs. Fox also has made several deals in the last two years to insure that it will have access to more children's shows in the future. Those deals include an agreement with Saban Entertainment Inc., a distributor of children's shows and the producer of "Mighty Morphin Power Rangers."

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Journalist as Broker in Mixed Marriage Next Week of Microsoft and NBC News

Date: 08 July 1996

By Lawrie Mifflin

Lawrie Mifflin

Today, Merrill Brown may be stepping around paint cans and sawhorses in the MSNBC studios still under construction in Fort Lee, N.J., dressed in the white shirt, rep tie and conservative suit of a network television executive. Tomorrow he may be strolling the leafy campus of Microsoft in Redmond, Wash., in a T-shirt and jeans.

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WORLD NEWS BRIEFS;Separatists in Kashmir Take Journalists Hostage

Date: 09 July 1996

Reuters

Separatist Muslim guerrillas in India's Kashmir region took 19 journalists captive, then freed them today after a 10-hour standoff in which four of them were threatened with death. The guerrillas had asked editors of local newspapers to come to negotiate, but they refused, local journalists said. The journalists were released after a local editor spoke to the group and members of a special unit of the Indian Army mediated.

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BATTLE AT THE BOARD OF EDUCATION: THE CHALLENGER -- Man in the News;A Knack for Compromise: William Colridge Thompson Jr.

Date: 09 July 1996

By Jacques Steinberg

Jacques Steinberg

William C. Thompson Jr. says he is adamantly opposed to giving Mayor Rudolph W. Giuliani direct control over the city school system. He has firmly rejected the idea of relinquishing to the police the Schools Chancellor's ultimate responsibility for school security, as the Mayor demands. And he has forged ties on the Board of Education with some of Mr. Giuliani's harshest critics. But if, as expected, Mr. Thompson is elected president of the board this morning, it will be because Mr. Giuliani wanted him to get the job. And that fact underscores the challenge Mr. Thompson will face in replacing Carol A. Gresser, who feuded bitterly with the Mayor and was eventually pushed aside by him as a result.

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INTERNATIONAL BRIEFS;2 Reduce Stakes In British TV Operation

Date: 09 July 1996

Carlton Communications P.L.C. and Granada Group P.L.C. said yesterday that they had sold 12 percent of Independent Television News Ltd. to United News and Media P.L.C. for L12.3 million ($19.1 million) in cash. The sales reduce each company's stake to the 20 percent limit set by the British Government. Ownership is now 20 percent Carlton; 20 percent Granada; 20 percent Daily Mail and General Trust.; 18 percent Reuters Holdings; 17 percent United News, and 5 percent Scottish Television. (AFX News)

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Ireland Mourns a Slain Reporter

Date: 08 July 1996

By James F. Clarity

James Clarity

Veronica Guerin, the prominent Irish investigative reporter who was shot to death in her car on June 26, was a relative newcomer to journalism who took her trade by storm. In 1995, just five years after she started in the business, she began reporting on the largest heist in Irish history, in which a gang penetrated a supposedly secure depot near Dublin airport and took $4.4 million. She interviewed one suspect and without identifying him wrote a detailed story. A few days later an intruder entered her home and, after putting a pistol to her head, lowered it and shot her in the leg.

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NEWS SUMMARY

Date: 09 July 1996

International A3-10

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NEWS SUMMARY

Date: 08 July 1996

International A2-7

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COMPANY NEWS;PROFFITT'S TO ACQUIRE PARISIAN STORES

Date: 09 July 1996

Reuters

Proffitt's Inc., which operates regional specialty department stores, signed an agreement yesterday to buy Parisian Inc., which has 38 stores in eight states, for about $110 million in cash and about 2.9 million shares of its common stock. The total equity value of the deal is about $221 million and Parisian has debt of about $243 million, Proffitt's said. For the year that ended on May 4, Parisian, which is based in Birmingham, Ala., had sales of $674.5 million. On a combined basis, the company would operate 141 department stores in 19 states with annualized revenue in excess of $2 billion. The deal was announced after Proffitt's stock closed at $34.50, up 37.5 cents, in Nasdaq trading.

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COMPANY NEWS;MOTOROLA SHARES CLIMB ON EARNINGS EXPECTATIONS

Date: 09 July 1996

Bloomberg Business News

Bloomberg News

The shares of Motorola Inc. rose yesterday on optimism that its earnings would exceed expectations because of stronger-than-expected sales of its lightweight cellular phone. Motorola shares rose $1.875, to $67.75, on trading of 6.5 million. In a report yesterday, Albert Lin, an analyst at Cowen & Company, projected that Motorola could earn as much as 85 cents a share in the second quarter. The maker of computer chips and electronic equipment based in Schaumburg, Ill., had been expected to report per-share earnings of 69 cents, according to the average estimate of 20 analysts surveyed by IBES International Inc.

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