Printer Friendly
The Free Library
14,588,558 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

News Corp. Deal For L.A. Stations May Force Shifts.


A shake-up in local television news operations could be in the offing coming; arriving in the foreseeable future.
visible but not nearby.

See also: Offing Offing
 if News Corp.'s $5.3 billion purchase of 10 Chris-Craft Industries Chris-Craft Industries is a privately held American manufacturer of civilian powerboats based in Sarasota, Florida. The company was founded in the late 19th century by Christopher Columbus Smith and became famous for its mahogany hulled powerboats of the 1920s through the 1950s.  Inc. television receives final approval from the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. , as expected.

Andrew Butcher, a spokesman with News Corp. in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
, declined to comment on plans for the Chris-Craft stations, but according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 industry analysts, News Corp. executives are exploring ways to combine operations in markets where both companies own stations once the anticipated approvals come through this summer.

Brent Magid, president of the media research firm Frank N. Magid Associates, said he expects the general managers of the Fox-owned-and-operated stations to assume control of the duopolies.

That means David Boylan, general manager and vice president of KTTV Channel 11 in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , would also oversee the operations of KCOP Channel 13.

"Both stations have news operations, which could present Fox with a tremendous cost savings by combining them into a single news operation," said Magid. "The danger is a strict focus on economics rather than focusing on the programming opportunities."

Magid said he expects Fox would program each of its Los Angeles channels in terms of demographics to cover a wider area of the market. For example, one station could focus on men 18-to-34, while the other channel could focus its programming to the entire 18-to-49 demographic, he said.

Magid, echoing many other media industry analysts, expects the FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S.  to approve the Chris-Craft deal without making Murdoch sell either Los Angeles station.

"There is competition in Los Angeles, with eight English-speaking stations," he said. "As long as the ability exists for multiple voices to be delivered in the marketplace, the government will overturn its 35 percent limit and approve this deal."

The FCC prohibits broadcast companies from controlling more than 35 percent of the TV households is a given market, or owning two "major network" stations in a single market, so-called duopolies.
COPYRIGHT 2001 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Chris-Craft Industries Inc. television stations, Los Angeles
Comment:News Corp. Deal For L.A. Stations May Force Shifts.(Chris-Craft Industries Inc. television stations, Los Angeles)
Author:SIEROTY, CHRIS
Publication:Los Angeles Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:May 28, 2001
Words:318
Previous Article:Eisner Web Venture Sinks, Heads Offline.(Eric Eisner's and Bruce Forman's Romp.com)(Brief Article)(Statistical Data Included)
Next Article:Villaraigosa and Feuer Take Endorsement Sweepstakes.(Antonio Villaraigosa for mayor and Mike Feuer for city attorney)(Brief Article)
Topics:



Related Articles
Media. (Los Angeles, CA)(1997 Business Almanac)
TV's new landscape.(New York state remains status as US' television broadcasting hub)
FCC RULES FORCE INFINITY TO SELL KRLA.(Business)
CBS MARRIES MTV; VIACOM'S BUYOUT MAY GIVE YOUTHFUL VIGOR TO NETWORK.(News)
Univision radio deal facing new static in Washington. (Up Front).
Trio of deals reshaping local Hispanic radio market. (Media & Technology).
Top television stations: ranked by May 2002 Nielsen ratings. (The List).(Los Angeles, California, audience share rankings)(Illustration)
Entravision stock slides amid concerns over Univision deal. (Investments & Finance).(Entravision Communications Corp.)
Univision gains don't help stock.(Univision Communications Inc.)
Univision's KMEX widens its lead.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles