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BUSINESS
August 25, 2000 | CLAUDIA ELLER, TIMES STAFF WRITER
Seeking a foothold in Hollywood, a subsidiary of Canada's largest pension fund, Caisse de depot placement, has taken a minority stake in a Los Angeles talent management and production firm as a first step in making a significant investment in the content business.
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BUSINESS
August 25, 2000 | CLAUDIA ELLER, TIMES STAFF WRITER
Seeking a foothold in Hollywood, a subsidiary of Canada's largest pension fund, Caisse de depot placement, has taken a minority stake in a Los Angeles talent management and production firm as a first step in making a significant investment in the content business.
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NEWS
March 19, 1985 | ELLEN FARLEY, Times Staff Writer
American Broadcasting Cos. Inc., beset by declining ratings, the threat of corporate raiders and an uncertain management succession, Monday agreed to be acquired by Capital Cities Communications Inc., a much smaller broadcasting and publishing firm, in a deal valued at more than $3.5 billion. If completed, it would be the first acquisition ever of one of the three big television networks.
NEWS
March 19, 1985 | ELLEN FARLEY, Times Staff Writer
American Broadcasting Cos. Inc., beset by declining ratings, the threat of corporate raiders and an uncertain management succession, Monday agreed to be acquired by Capital Cities Communications Inc., a much smaller broadcasting and publishing firm, in a deal valued at more than $3.5 billion. If completed, it would be the first acquisition ever of one of the three big television networks.
BUSINESS
June 20, 2001 | Sam Kennedy
Malibu-based publishing company CurtCo Media Labs said it bought Robb Report and Showcase magazines from Luxury Media of Acton, Mass. Terms were not disclosed. Robb Report is a lifestyle magazine that caters to an affluent readership, and Showcase is the companion shopping catalog. The deal is the first step in a partnership between CurtCo and private equity group TD Capital Communications Partners, a subsidiary of TD Securities. The new company is CurtCo Robb Media.
BUSINESS
February 21, 2002 | Bloomberg News
Dick Clark Productions Inc. faces a shareholder suit that seeks to block a $140-million investor-group buyout. A group of buyers including Mosaic Media Group Inc., Capital Communications CDPQ Inc. and entertainment industry veteran Jules Haimovitz last week announced the planned purchase of Dick Clark Productions. Shareholder Walter Valenti says Dick Clark's management designed the offer to serve their personal interests and that the buyout price of $14.
NEWS
June 25, 1985 | Associated Press
Shareholders of both American Broadcasting Cos. and Capital Cities Communications Inc. voted overwhelmingly today in favor of the $3.5-billion merger of the two broadcasters. The merger, which also requires the approval of the Federal Communications Commission, is expected to be completed early in 1986. It would create a company called Capital Cities-ABC Inc.
SPORTS
April 16, 1986 | LARRY STEWART
KABC-TV, which fired about 50 employees last Friday, laid off sportscaster Ed Arnold Tuesday. Arnold had been at the station for 11 years. The firings were part of a series of budget-cutting moves at ABC-owned stations nationwide by the network's new owners, Capital Cities Communications. Reportedly, as many as 30 or 40 more people might be fired at KABC, which had 350 employees before Friday.
NEWS
August 19, 1985 | Associated Press
Capital Cities Communications said today it will sell a $350-million chunk of its media holdings, 53 cable systems, to the Washington Post Co. in preparation for its $3.5-billion merger with American Broadcasting Cos. Both ABC and CapCities have been selling properties to meet federal restrictions on cross-ownership. The cable purchase, for cash, marks the Post's first venture into owning cable systems, although it is part owner, with CBS and Rainbow, of four cable sports channels.
NEWS
March 25, 1985 | Associated Press
The New York Stock Exchange said today it is conducting a routine analysis of trading in the stock of American Broadcasting Cos. Inc. and other media companies because the price and volume of those stocks advanced so dramatically last week. ABC announced last Monday that it would merge with Capital Cities Communications Inc. in a $3.5 billion deal. "When that analysis is completed, we determine whether an investigation is warranted," said Richard Torrenzano, vice president of the exchange.
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