May 16, 1997 |
Viacom Inc. and Universal Studios Inc. were ordered Thursday to discontinue their 50-50 partnership in USA Networks by a Chancery Court in Delaware, a ruling that could eventually allow both companies to expand their cable businesses. Although the judge's ruling was a victory for Universal, which brought the lawsuit in April 1996, the ultimate outcome to stem from the nasty, yearlong court dispute remains unclear.
February 12, 1999 |
The proposed $21-billion combination of Internet company Lycos with key assets of USA Networks was thrown into doubt Thursday when Lycos' largest shareholder expressed misgivings about the terms of the deal. CMGI Inc., an Andover, Mass.
May 11, 1999 |
USA Networks Inc., facing resistance from shareholders of Lycos Inc., is preparing to abandon its plan to purchase the nation's third-ranked Internet search service, executives close to the company confirmed Monday. The proposed $21.5-billion merger has been closely watched since it was announced in February because it is one of the first to challenge the highflying values of the Internet sector.
August 13, 1998 |
In a bid to vastly expand its Internet business and tap into the craze on Wall Street for Internet stocks, Barry Diller's USA Networks Inc. is expected to announce plans today to merge the online ticketing arm of its Ticketmaster Group with CitySearch, a Pasadena-based company that creates online city guides.
November 22, 2000 |
USA Networks said Tuesday that it will combine its Ticketmaster Corp. unit with its Internet cousin Ticketmaster Online-CitySearch in a deal that underscores the increasing overlap between online businesses and their real-world counterparts. Ticketmaster and Ticketmaster Online were split in August 1998, when investors were clamoring for "dot-com" stocks and companies were anxiously spinning off their Internet operations to cash in on the frenzy.
June 23, 2011 |
USA Network has come a long way, slowly, from the days when its main contribution to the culture was "Night Flight," an omnibus of music videos, reruns and camp ephemera that kept insomniac kids company back in the 1990s. Now it is the network that "Monk" made, with a small but strong-for-its-size roster of comicdramas that play nice turns on the old big genres — cops and spies and lawyers and doctors: "In Plain Sight," "Burn Notice," "White Collar," "Psych," "Fairly Legal," "Royal Pains.
March 21, 1999 |
Walt Disney Co.'s Michael Eisner doesn't have one. Neither does Sumner Redstone, the chairman and chief executive of Viacom Inc. But Barry Diller does. And in naming a forceful executive with visionary tendencies as his No. 2 at USA Networks Inc., Diller is winning applause from management experts for taking an initiative that many other media moguls have not--leaving their entertainment companies vulnerable at the top.
June 26, 1993 |
Both scenes are set in a steamy locker room. In one version, a woman drops her dress and exposes her naked body as she and her equally naked lover writhe on a bench. In the other version, the camera angle changes after she reaches for her dress; all that can be seen of the lovers is a grainy close-up of their faces. Same show, different TV channels.
October 26, 1996 |
MCA Inc. and Viacom Inc. terminated settlement talks Friday over the control of USA Network and will head back to Delaware Chancery Court on Monday to resolve their legal dispute. Neither party provided details on why negotiations broke down, but sources close to the situation said tax issues could not be resolved. After five days in court, the trial was postponed last Monday so the parties could negotiate a settlement. Under its terms, Viacom would have paid $1.