Primestar aquisition remains on hold

Article Abstract:

News Corp. and United Video last month agreed to buy Primestar for approximately $700 million. But the Primestar pact is contingent on News Corp. and United Video getting a signal from the Justice Dept. that it would approve the arrangement. The companies are tying to meet soon with the department's antitrust officials, although no date has been set. If the Justice approves a purchase, then News Corp. and United Video still have to resolve key questions involving who would run Primestar. Some current owners also have questions about what might happen if AT&T does not complete its deal to buy TCI. But the point might be moot: Antitrust lawyers and consumer advocates predict the Justice Dept. will reject the new deal because News Corp. and United Video are so closely allied with the cable industry.

Company Planning/Goals, Satellite Communications, Satellite Telecommunications, The News Corporation Ltd., United Video Satellite Group Inc.

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Radio, TV faced 'serious situation.'

Article Abstract:

Most of the radio and TV broadcasters across the US lost transmission as a result of the failure of the Galaxy IV communications satellite on May 19, 1998. National Public Radio's 600 stations all lost national programming. Some stations regained transmission within the hour through feeds via ISDN phone lines and through Real Audio transmission on the Internet. Domestic CNN bureaus and government agencies, including the State and Defense departments, lost special feeds of CNN broadcasts to Asia. Major TV broadcasters using the Galaxy IV satellite said they did not lose transmission because of their backup systems. CBS had no reports of service outages.

Comment:

Most of the radio and TV broadcasters across the US lost transmission as a result of the failure of the Galaxy IV satellite

Services information

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Media's big fish salivate as FCC reviews ownership cap

Article Abstract:

Key media ownership limits may be relaxed, or at least eliminated, as they are attacked in the courts at the FCC. Owners of TV and radio stations, cable systems, and newspapers have been seeking changes that would allow them to create mergers and compete with competitors such as AOL, Time Warner, and Viacom.

Cable Television Systems, Cable Networks, Television broadcasting stations, Cable and other pay TV services, Radio broadcasting stations, Cable television broadcasting industry, Cable television

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