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BUSINESS
June 10, 2001 | SALLIE HOFMEISTER, TIMES STAFF WRITER
When Mel Karmazin talks about advertising, the media world listens. The chief operating officer of Viacom Corp. has more authority on the subject than perhaps any top executive in the entertainment industry. He started as a radio advertising salesman and went on to build CBS into one of the nation's largest television, radio and billboard companies before merging it with Viacom last year to create--at the time--the nation's biggest seller of advertising.
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BUSINESS
August 9, 2001 | Bloomberg News
In a swap of stations, Viacom Inc. said it will take over News Corp.'s KBHK-TV in San Francisco and News Corp. will take over stations WDCA in Washington and KTXH in Houston. The moves gives Viacom CBS and UPN outlets in San Francisco, and News Corp. will have two stations each in Washington and Houston.
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BUSINESS
August 9, 2001 | Bloomberg News
In a swap of stations, Viacom Inc. said it will take over News Corp.'s KBHK-TV in San Francisco and News Corp. will take over stations WDCA in Washington and KTXH in Houston. The moves gives Viacom CBS and UPN outlets in San Francisco, and News Corp. will have two stations each in Washington and Houston.
BUSINESS
June 10, 2001 | SALLIE HOFMEISTER, TIMES STAFF WRITER
When Mel Karmazin talks about advertising, the media world listens. The chief operating officer of Viacom Corp. has more authority on the subject than perhaps any top executive in the entertainment industry. He started as a radio advertising salesman and went on to build CBS into one of the nation's largest television, radio and billboard companies before merging it with Viacom last year to create--at the time--the nation's biggest seller of advertising.
BUSINESS
July 29, 1996 | LESLIE HELM, TIMES STAFF WRITER
In a drive to establish themselves as leaders in the emerging online games business, start-up Mpath Interactive will announce today that it has signed an agreement to acquire 2-year-old Catapult Entertainment Inc. "The powerhouse company we are creating will set the agenda for the online game industry," Adam Grosser, chief executive of Cupertino-based Catapult, said in a news release. Catapult, which is backed by Viacom Corp.
BUSINESS
November 17, 2004 | Jon Healey, Times Staff Writer
Hollywood studios sued more than 200 alleged online movie pirates Tuesday, seeking damages of up to $150,000 for each film offered or downloaded on file-sharing networks. The Motion Picture Assn. of America disclosed few details about the suits, which were the first such actions by the industry. The suits were brought against "John Does" across the country. Some defendants were accused of sharing only one film. "There is no kind of a safe harbor for illegal conduct," said John G.
BUSINESS
December 30, 1999 | From Associated Press
Shareholders of CBS Corp. and Viacom Corp. on Wednesday overwhelmingly approved their proposed $36-billion merger, clearing a final path for federal regulators to weigh the largest media combination in history. Company officials plan to renew their pitch to regulators, who are closely scrutinizing the deal, shortly after the holidays. In New York Stock Exchange trading, CBS stock fell 50 cents to close at $60.31, and Viacom fell 31 cents to close at $58.
BUSINESS
November 24, 1998 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Two of the most prominent women in television are joining forces with cable executive Geraldine Laybourne to launch a new channel for women that will be unveiled in January 2000. Talk show host Oprah Winfrey and television producer Marcy Carsey, along with her two longtime partners, are investing an undisclosed amount in Laybourne's new company, Oxygen Media.
BUSINESS
September 4, 1997 | SALLIE HOFMEISTER, TIMES STAFF WRITER
ESPN scored a point in its ongoing battle against News Corp.'s Fox Sports for cable viewers by agreeing Wednesday to purchase Classic Sports Network, a 2-year-old channel that focuses on legendary games and players. Though terms of the deal, which was expected last Friday, were not disclosed, sources estimate that Walt Disney Co.'s ESPN paid $175 million for the channel.
BUSINESS
August 10, 2004 | Jon Healey, Times Staff Writer
Two years after buying Napster's name at a bankruptcy auction, Roxio Corp. has decided to bet its future on it. Roxio said Monday that it would sell its profitable line of digital-media software to Sonic Solutions for $70 million in cash and $10 million in stock. The deal would leave Roxio with a single product: the Napster online music service, which has yet to turn its first profit. After the deal closes in October, Roxio will change its name to Napster.
ENTERTAINMENT
February 27, 2013 | By Joe Flint
After the coffee. Before seeing my accountant. The Skinny: I finally got a new BlackBerry. Laugh away, but I like having a keypad. Wednesday's stories include the start of a civil war in the TV business, a look at new Dodgers owner Guggenheim Partners, and DreamWorks taking a big write-down.  Daily Dose: The battle among business news channels is heating up. In recent weeks, CNBC bookers (the folks who line up guests) have been telling people they can't come on CNBC if they also go on Fox Business or Bloomberg.
NEWS
June 4, 1999 | SALLIE HOFMEISTER, TIMES STAFF WRITER
Computer billionaire Paul Allen is negotiating an agreement to invest $100 million in Oxygen Media for less than 10% of the venture, which was formed last year by cable veteran Geraldine Laybourne to produce women's programming for television and the Internet. Neither party would comment, but sources close to Allen say the deal underscores the Microsoft Corp.
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