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ENTERTAINMENT
September 10, 2013 | By Ryan Faughnder
Arsenio Hall is back on late night after a 19-year absence, and his return made a strong showing in ratings Monday, especially in Los Angeles, according to early numbers from Nielsen.  In Nielsen's 25 markets with local people meters, CBS Television Distribution's "The Arsenio Hall Show" beat all other late-night talk show telecasts in key demographics. The show garnered a rating of 1.2 among adults aged 25-54 years old and a 1.0 in the 18-49 age group.  PHOTOS: Cable versus broadcast ratings For comparison, among 18-49ers, “The Tonight Show With Jay Leno” scored a 0.6 and a delayed "Late Show With David Letterman" got a 0.5 and "Jimmy Kimmel Live" received a 0.8. "The Arsenio Hall Show," which featured appearances by Paula Abdul, Chris Tucker and Snoop Dogg (putting aside his Snoop Lion alter ego)
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ENTERTAINMENT
September 10, 2013 | By Robert Lloyd, Times Television Critic
Arsenio Hall, who was on the cover of Time magazine in 1989 ("TV's hip host grabs the post-Carson generation"), returned to the air Monday night for an indefinite run as the host of a revived "The Arsenio Hall Show. " (It should be said right off that the Tribune Co., of which this paper is a property, is a co-producer of the series.) "Leave it to the first black late-night host to take 19 years off work," said Hall, "and come back here and expect my job to still be waiting for me. " If it was not a stunning return to form -- the original show was a cultural landmark over its five-year run, the place where candidate Bill Clinton famously donned a pair of sunglasses and blew a couple of choruses of "Heartbreak Hotel" -- it was, in any case, a return.
BUSINESS
September 9, 2013 | By Stuart Pfeifer
After scratching plans to buy the Los Angeles Times and other Tribune Co. newspapers, billionaire industrialists Charles and David Koch have agreed to buy Molex Inc., a maker of electronic connectors used by several companies, including Apple Inc. The $7.2-billion acquisition helps the Koch brothers diversify from their traditional holdings in energy, chemicals and paper. Under the deal, Koch Industries will pay a 42% premium, on average, for shares of the Lisle, Ill., company.
ENTERTAINMENT
September 3, 2013 | By Meg James
News Corp. has sold its U.S.-based community newspaper group -- eight daily newspapers and 15 weeklies -- to an affiliate of Fortress Investment Group, an asset management firm. Financial terms were not disclosed. Rupert Murdoch's media company acquired the small papers as part of its 2007 acquisition of Dow Jones & Co., publisher of the Wall Street Journal.  The Stockton Record was the only California newspaper in the collection. News Corp.'s Dow Jones Local Media Group owned two Oregon papers: the Medford Mail Tribune and the Ashland Daily Tidings.
BUSINESS
August 29, 2013 | By Walter Hamilton
Tribune Co., the parent of the Los Angeles Times, reported that earnings tumbled in the second quarter as revenue dropped sharply in its broadcast division and advertising continued to decline at its newspapers. The media giant reported net income of $66.3 million in the three months that ended June 30, a 61.2% plunge from $170.8 million in the year-earlier period. Revenue slid 10.5% to $730.2 million, while pretax income skidded 39.7% to $110.4 million. Tribune continued to reduce costs, with operating expenses dropping $50 million to $640.6 million.
BUSINESS
August 28, 2013 | By Lauren Beale
Rupert Murdoch has closed on the Moraga Vineyards Estate in Bel-Air five months after entering escrow. The News Corp. chairman paid $28.8 million for the 13-acre winery and mansion. The property, which was listed earlier this year at $29.5 million, has an on-site wine cave, a 7,500-square-foot main residence, a guesthouse and a swimming pool, among other amenities. Murdoch, 82, is also chief executive of 21 st Century Fox. The media mogul billionaire has been discussed as a potential buyer for the Tribune Co. newspapers, which include the Los Angeles Times and Chicago Tribune.
BUSINESS
August 6, 2013 | By Walter Hamilton
The Wall Street madam running against Eliot Spitzer for New York City comptroller was arrested on suspicion of selling drugs -- probably a negative for her campaign. Kristin Davis, a busty platinum blond who ran a high-end prostitution business, was arrested on charges of selling prescription drugs, including oxycodone, the active ingredient in OxyContin and Percocet. David “sold hundreds of prescription pills containing amphetamine, alprazolam, zolpidem, and carisoprodol to a person she knew from prior purchases and sales to be a drug dealer,” according to a statement from the U.S. Attorney's Office in Manhattan.
ENTERTAINMENT
July 29, 2013 | By Yvonne Villarreal
For Arsenio Hall, revisiting the talk show circuit after a nearly 20-year absence, comes with at least two caveats for the Dog Pound looking to get reacquainted with their ol' late night pal: less hair, littler shoulder pads. "It's kind of the same Arsenio you know," Hall joked while promoting his upcoming late-night talker, "The Arsenio Hall Show," Monday at the Television Critics Assn. press tour.  Hall made a splash on the late-night arena in the late '80s and early '90s, with his hit syndicated talk show, bringing a new voice to the scene and creating memorable moments along the way (he cites Magic Johnson's revealing he had HIV, and then-presidential hopeful Bill Clinton playing the saxophone as his most personally memorable shows)
ENTERTAINMENT
July 29, 2013 | By Joe Flint
The consolidation of the television industry continued Monday with Baltimore-based Sinclair Broadcast Group striking a $985-million deal to acquire Allbritton Communications, owner of seven television stations. For Sinclair, this is the second major acquisition it has made in this year. In April, it bought Fisher Communications Inc., owner of 20 television stations, for $373 million. Allbritton's biggest assets are WJLA-TV, the ABC affiliate in Washington, D.C., and NewsChannel 8, an all-news cable station serving the nation's capital.
ENTERTAINMENT
July 22, 2013 | By Joe Flint
After the coffee. Before gearing up for yet another TV press tour. The Skinny: I caught up on the last two episodes of CBS's "Under the Dome" over the weekend. I've decided viewers needs to watch "Under the Dome" as if they were watching "Sharknado. " If I nitpick, I'll turn it off after five minutes. But if I goof on it, it is tolerable. Monday's headlines include the weekend box office recap and speculation about the future of CNBC anchor Maria Bartiromo. Daily Dose: CBS and Time Warner Cable have just over two days to either agree to a new distribution deal or extend the old one. Otherwise, CBS content will disappear from millions of Time Warner Cable subscribers in New York, Los Angeles and elsewhere around the country.
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