June 20, 2001 |
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.
February 21, 2002 |
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.
June 25, 1985 |
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.
April 16, 1986 |
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.
August 19, 1985 |
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.