March 11, 1999 |
The deal to merge the Lycos Inc. Internet search site with elements of USA Networks came under renewed pressure Wednesday, sending shares of Lycos up more than 14% in a dramatic demonstration of investor disenchantment with the terms. Lycos shares closed at $110--their highest level since the estimated $21.5-billion merger was announced Feb. 9--on expectations that the deal would be significantly restructured or collapse. But Lycos President and Chief Executive Robert J.
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.
October 23, 2009 |
Just when you thought bromance was dead, here comes "White Collar," a crime drama premiering on USA tonight that lifts the genre to a new and dazzling level. Sparkling, snappy, bursting with energy and good clean heist fun, the first episode of "White Collar" may, in fact, be the most perfect pilot to air in a long, long time. Sure, there are shameless echoes of "It Takes a Thief," the show that launched Robert Wagner's television career, but who cares? Imitation is the sincerest form of flattery, and "White Collar's" creator, Jeff Easton, promises only improvement, and with a pitch-perfect cast that comes together to create that cinematic Holy Grail: chemistry.
June 26, 2012 |
Matt Nix always thought he'd be a screenwriter. But after spending nearly a decade doing adaptations and rewrites for film projects that fell apart just before a studio gave them the greenlight, he found himself at a crossroads. "I realized I could waste my whole career writing things no one would ever make," he told me over lunch the other day. His agent encouraged him to try television. Nix lucked out with the first pilot he penned, "Burn Notice. "Now in its sixth year on the USA Network, the Miami-based adventure series about a former covert-ops agent trying to discover who blacklisted him is a powerhouse, routinely turning up as the top-rated Thursday night cable TV show.
October 12, 2003 |
When Comcast Corp. contemplated making a bid for Vivendi Universal's entertainment assets this summer, it wasn't exactly enamored of one of the properties on the block: USA Network. Despite such hits as the quirky detective series "Monk," USA lacks the devoted following that translates into cable success, Comcast executives contended during the negotiations.