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BUSINESS
May 22, 1990 | RICK DU BROW, TIMES TELEVISION WRITER
Network leader NBC, acknowledging that it is "vulnerable" after a season in which all of its new fall series failed and its ratings dropped, on Monday announced a major overhaul of its prime-time schedule, replacing six hours of programming for 1990-91. Enlisting such TV veterans as Jane Curtin, Ed Begley Jr. and Robert Urich, as well as rap music performers, NBC will present nine new series in the fall, seven of them comedies.
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SPORTS
August 31, 1991 | LARRY STEWART
Because NBC owns the television rights to track and field's World Championships in Tokyo, TV outlets were barred Friday from showing Mike Powell's record-breaking long jump until it was shown on NBC's tape-delayed coverage at 12:30 a.m. Even NBC-owned Channel 4 wasn't supposed to show the jump, according to an NBC Sports spokesman in New York, but the station showed the jump anyway on all newscasts.
ENTERTAINMENT
September 21, 1988 | HOWARD ROSENBERG
The Seoul Olympics: Who is selling what and whom? You're watching a relentless marketing of products, programs and people during the 179 1/2-hour marathon that NBC pretentiously titles "Games of the XXIV Olympiad." A colleague's perceptive 11-year-old son suggests a more accurate name: "Games of the XXIV Commercials." Twenty-four about every five minutes.
SPORTS
September 25, 1988 | From Times Wire Services
Two more weightlifters were disqualified from the Olympic Games Sunday for failing drug tests. Kalman Csengeri of Hungary and Fernando Mariaca of Spain failed urine tests administered by the International Olympic Committee's Medical Commission, which found traces of banned drugs in their system. Csengeri, who competed in the 165-pound class, was discovered to have used an anabolic steroid. Mariaca, in the 148 1/2-pound class, was found to have used an amphetamine.
ENTERTAINMENT
March 7, 2001 | BRIAN LOWRY, TIMES STAFF WRITER
"Frasier's" latest marital cliffhanger was played out behind the scenes, as NBC and the show's production company, Paramount Television Group, finalized a three-year deal late Monday to continue their relationship--extending the Emmy-winning comedy through an 11th season and matching the historic run of its antecedent "Cheers."
BUSINESS
March 4, 2000 |
General Electric Corp.'s NBC television unit lost its seat on the board of the National Assn. of Broadcasters, the industry's trade group. The association lifted NBC's board privileges when WNBC-TV in New York, the network's board designee, failed to pay its dues, although the network remains a member in the lobbying group. The action came after NBC demanded that the industry group cut the network's annual dues to $200,000 from $400,000.
BUSINESS
August 21, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
NBC Inc. is in advanced negotiations to take a 32% equity interest in Paxson Communications Corp. despite industry skepticism about whether the deal makes sense, according to sources at the network. Under the negotiations, first reported last week in Broadcasting & Cable Online, NBC would buy the stake, which has a current market value of more than $300 million, as a precursor to taking full control of Paxson when federal laws permit.
BUSINESS
January 7, 1999 | A Times Staff Writer
A media consulting firm says advertisers rank NBC and Fox highest of 43 broadcast and cable television networks, followed by WB and ABC. Based on its survey of advertising executives, the New York-based Myers Consulting Group concluded, "The traditional concept of Big Three or Big Four networks is no longer operable. . . . There are only two powerful broadcast networks in the traditional sense: NBC and Fox."
SPORTS
October 5, 1999 | LARRY STEWART, From Staff and Wire Reports
NBC, looking to beef up its sports inventory since losing the NFL two years ago, has turned to horse racing. The network announced Monday that it will begin televising the Triple Crown in 2001. Reportedly, NBC will pay $51.5 million for rights over a five-year period. ABC, which has televised the Kentucky Derby since 1975, then added the Preakness and Belmont Stakes in 1987, reportedly bid $35 million to retain the contract.
BUSINESS
October 11, 2001 | Bloomberg News
NBC has sold about 90% of its available commercial time for its broadcasts of next year's Winter Olympics in Salt Lake City, network President Randy Falco said. The General Electric Co. unit is charging about $550,000 for a 30-second advertisement during the Olympics, Falco said. NBC hasn't cut rates in the aftermath of the terrorist attacks, even though the tragedy and the slowdown in the U.S. economy have prompted some marketers to postpone buying network advertising.
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