December 5, 1998 |
E! Entertainment Television is expected Monday to name Fran Shea as acting president of the Los Angeles-based cable network, replacing Lee Masters, who is leaving at the end of the year to become head of a new company focused on interactive television programming. Shea has been the senior vice president of programming at E! for nine years, virtually from the network's beginning, bringing such shows as "Talk Soup," "E!
December 2, 1998 |
In one of the largest office leases seen in Los Angeles over the last few years, the fast-growing E! Entertainment Television network will relocate its cramped Wilshire Boulevard headquarters--to the bigger building next door. Defying recent data finding that the entertainment business is growing at a much slower pace than just a year ago, the lease transaction valued at more than $100 million will add about 100,000 square feet to E!'
September 16, 1998 |
Lee Masters has resigned as president and chief executive of E! Entertainment Television, ending a nine-year stint as architect of the Los Angeles-based cable channel that focuses on celebrity programming and news. No successor has been named for Masters, whose resignation came as a surprise to many in the cable industry and is a blow to Comcast Corp., which has management control of E! but shares ownership with Walt Disney Co., Liberty Media Corp. and Media One.
February 17, 1998 |
One week after slashing half the staff of its 4-month-old proprietary Entertainment Asylum site, America Online is set to announce a partnership with rival entertainment site E! Online. As part of the deal, set to be announced today, Los Angeles-based E! agrees to expand coverage of the online medium on its E! Entertainment Television cable channel. E! becomes an "anchor tenant" on AOL; E! will have a customized "welcome mat" on AOL, which links to E!'s Web site.
July 12, 1997 |
Los Angeles-based E! Entertainment Television said it purchased C/NET Inc.'s 50% stake in their E! Online entertainment news venture for about $10 million. C/NET also agreed to license certain technology and provide consulting services for the service, which provides entertainment news, interviews, games, chat rooms, databases and reviews on the World Wide Web. E! Entertainment Television, an entertainment network, is a venture of five media companies, with Comcast Corp. and Walt Disney Co.
June 2, 1997 |
The E! Entertainment Television channel will add an extensive slate of regular series and specials starting this summer in its move to become a cable network that will be composed almost entirely of original programming. Among the series E! will launch are a weekly one-hour celebrity biography and a program examining real-life mysteries surrounding movie and television stars. Daily series being planned include a game show and a talk show. E!
February 1, 1997 |
The rumors of Howard Stern's imminent demise from E! Entertainment Television because of Disney's financial investment in the cable channel have been greatly exaggerated--at least for the time being. Even though shock-jock Stern has been saying on his nationally syndicated radio show this week that the teaming of the Walt Disney Co. and Comcast Corp. to purchase the majority stake in E! Entertainment might mean the end of his risque TV show, executives insist that Stern may be spared.
January 29, 1997 |
Walt Disney Co. and Comcast Corp. are teaming up to pay $321 million to Time Warner Inc. for its majority stake in E Entertainment Television, the cable service that airs such programs as Howard Stern's talk show and "Talk Soup." The partners, which have both aggressively pursued cable start-ups and acquisitions, plan to beef up E's lineup of original programming and its prominence as a source for entertainment news.
January 28, 1997 |
Walt Disney Co. is joining with Comcast Corp. to acquire control of cable's E! Entertainment Television, the celebrity news network behind "Talk Soup," for $320 million, according to a report in Daily Variety. The trade newspaper reported Monday that the deal could be announced this week. Comcast, the nation's fourth-largest cable operator, disclosed on Jan. 10 it had won the right to buy Time Warner's controlling stake in E! for about $320 million.
January 11, 1997 |
Comcast Corp. has won the right to buy Time Warner Inc.'s controlling stake in cable's E! Entertainment Television, the celebrity news network, for $321 million. Comcast, the nation's fourth-largest cable company, said it should decide by early next month whether to proceed. Philadelphia-based Comcast is one of five cable operators that are partners in the network. Late last year, they kicked off the process for a change in ownership. E!, which is 58.