October 10, 2003 |
As News Corp. and Boston real estate developer Frank H. McCourt sped toward finalizing a purchase agreement for the Dodgers, questions emerged Thursday about whether McCourt had sufficient financial backing to close the deal. Investment banker Allen & Co., shepherding the sale for News Corp., and McCourt's representatives made significant progress in fast-moving negotiations, baseball executives familiar with the talks said, and an announcement of an agreement was believed to be imminent.
October 8, 2003 |
News Corp.'s protracted efforts to sell the Dodgers took another turn Tuesday as word emerged that Boston real estate developer Frank H. McCourt is on the verge of completing a purchase agreement, baseball executives said. The Dodgers' parent company, frustrated in its inability to finalize a deal with one of three previously identified bidders, has quietly negotiated for weeks with McCourt, 49, who failed in attempts to purchase the Boston Red Sox in 2001 and the Angels this year.
January 22, 2005 |
Before his appointment to the Federal Communications Commission, Kevin J. Martin worked for the Bush-Cheney transition team. Now the speculation is that the president may help Martin himself transition into a new job: chairman of the FCC. With the announcement of Chairman Michael K. Powell's long-expected resignation, Martin is believed to top a short list of candidates that also includes Bush allies Pat Wood and Rebecca A. Klein.
November 24, 2004 |
The nation's third-largest media company agreed Tuesday to pay the federal government a record $3.5 million to settle complaints that it broadcast sexually explicit material on its radio and TV shows. The pact between Viacom Inc. and the Federal Communications Commission comes amid growing concern by regulators, politicians and viewers that broadcasters have pushed too far in lacing shows with sex, violence and graphic language.
August 20, 2006 |
Cowboy crooners know that more country music is sold in Los Angeles than anywhere else, a distinction on display Thursday night when singers Faith Hill and Tim McGraw opened the first of three sold-out shows at the Staples Center. But Los Angeles listeners would have trouble finding Hill, McGraw or any other twangy troubadours on the radio dial: On Thursday, the city lost its last country music broadcaster when KZLA-FM (93.
January 18, 2002 |
A menacing cloud that radio broadcasters saw looming over their industry--in the form of stricter FCC enforcement on the airwaves--seems to be dissipating, now that the agency has rescinded a fine it levied last year against a radio station it accused of broadcasting indecent material. In June, the Federal Communications Commission fined KKMG-FM, a Top 40 station in Colorado Springs, Colo.
November 8, 2002 |
Among radio broadcasters across the country, Hilary Duff's sugary pop tune "I Can't Wait" has fallen completely flat. A single station -- in Albuquerque -- has played the song just one time, and that was back in September. There is, however, a glaring exception: the Radio Disney empire. On its 52 stations nationwide, "I Can't Wait" is ranked No. 1, with Duff getting more airplay than Britney Spears.
April 5, 2003 |
Tampa Bay Buccaneer owner Malcolm Glazer's bid to buy the Dodgers appears to be part of a larger plan to bring the NFL back to Los Angeles, either through the expansion market or the relocation of an existing team. Sources say Glazer, 74, has been telling people that "Los Angeles is a $1-billion market for the NFL," and that he is interested in building a new football stadium on the Dodgers' 300-acre Chavez Ravine site.
June 25, 2011 |
One editor from Los Angeles Magazine's salad days, in the 1980s, recalls a publication full of "a lot of fluff and nonsense and fun," with some serious journalism squeezed in between. That formula had been turned slightly on its head in the first years of the new millennium, as L.A.'s namesake magazine leaned toward earnest storytelling, with service features occasionally feeling tacked on. Los Angeles celebrated its 50th anniversary this month, with a smaller staff and fewer pages than the fat, happy days when the likes of Farrah Fawcett and Orson Welles graced its cover and revenue was so abundant that some advertisers could be turned away.
CALIFORNIA | LOCAL
October 11, 2003 |
News Corp. has agreed in principle to sell the Dodgers to Boston real estate developer Frank H. McCourt, both parties announced Friday. Neither would reveal the sale price, but it is believed to be about $430 million. The deal, reached after weeks of private negotiations, includes the team, plus Dodger Stadium and surrounding property, the club's Vero Beach, Fla., spring training headquarters and its player development complex in the Dominican Republic.