February 19, 1999 |
Barry Diller has recruited a television station entrepreneur to become president and chief operating officer of USA Networks Inc. in a move that could presage a greater emphasis within the company on the struggling broadcasting group. Barry Baker, who resigned earlier this month as the acting chief executive of Sinclair Communications, is Diller's highest-level appointment and would bring executive depth to USA after a period of fast expansion.
July 30, 1999 |
USA Networks Inc., owner of the top-rated cable channel, said its second-quarter loss narrowed as cash flow rose, bolstered by wrestling shows and ticket sales to Bruce Springsteen concerts. The media and electronic-retailing company headed by Barry Diller said it had a pro forma loss from operations of $10 million, or 6 cents a share, compared with a loss of $12.4 million, or 9 cents, in the year-earlier quarter. Revenue rose 13% to $804.5 million from $711.5 million.
December 6, 2000 |
USA Networks Inc. plans to sell or form a joint venture for its 13 TV stations by Jan. 1, ending speculation USA might acquire other companies to bolster the station group, which some financial analysts consider untenable on its own. USA Chief Executive Barry Diller told reporters and investors about his intentions for the group of mostly UHF stations during an investor conference Monday in New York, said USA Networks spokeswoman Adrienne Becker.
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.
April 20, 1998 |
USA Networks Inc. said Stephen Brenner and Stephen Chao were appointed co-presidents to serve during Chairman and Chief Executive Kay Koplovitz's departure from the company she founded. Brenner, who has been with New York-based USA Networks for 16 years, was named president of operations, overseeing advertising sales, affiliate relations, finance and administration. Chao, an independent producer and a former executive at News Corp.'s Fox network, is president of programming and marketing.
July 27, 2000 |
USA Networks Inc., Hollywood mogul Barry Diller's media and electronic-commerce company, said its second-quarter loss was smaller than expected, helped by higher advertising sales at its cable-TV networks. The loss from operations narrowed to $21.8 million, or 7 cents a share, from $27.9 million, or 8 cents, in the year-ago period, after adjustment for acquisitions and other items. The firm had been expected to lose 15 cents a share, according to First Call/Thomson Financial.