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BUSINESS
July 22, 1992 | From Times Staff and Wire Reports
NBC Sells Visnews Stake: NBC has sold back to Reuters the 37.8% stake it held in London-based Visnews that it acquired three years ago. Visnews, a video news gathering agency, supplies videotape footage to news outlets around the world. In exchange, NBC got back international distribution rights to programming it assigned to Reuters as part of the previous deal.
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BUSINESS
July 22, 1992 | From Times Staff and Wire Reports
NBC Sells Visnews Stake: NBC has sold back to Reuters the 37.8% stake it held in London-based Visnews that it acquired three years ago. Visnews, a video news gathering agency, supplies videotape footage to news outlets around the world. In exchange, NBC got back international distribution rights to programming it assigned to Reuters as part of the previous deal.
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ENTERTAINMENT
August 3, 1988 | JAY SHARBUTT, Times Staff Writer
NBC, seeking to cut its news division's foreign costs, is trying to buy nearly 38% of Visnews, an international TV news agency, for what could prove a new news-gathering arrangement overseas, sources said Tuesday. If the deal goes through, there is a possibility that "some" NBC News staffers overseas might be reassigned to join with Visnews staffers in a new foreign news-gathering venture, said one source close to the talks.
ENTERTAINMENT
November 18, 1988 | JAY SHARBUTT, Times Staff Writer
NBC, seeking to cut its overseas costs while expanding overseas markets for its domestic news reports, said Thursday it has bought nearly 38% of Visnews, a British-owned TV news agency with which NBC has had ties for nearly 20 years. Under terms of the $10-million deal, which becomes effective Jan. 1, the Reuters news agency--still Visnews' majority owner--can buy back NBC's share of Visnews in 1998 if it and NBC decide to end the deal.
ENTERTAINMENT
November 18, 1988 | JAY SHARBUTT, Times Staff Writer
NBC, seeking to cut its overseas costs while expanding overseas markets for its domestic news reports, said Thursday it has bought nearly 38% of Visnews, a British-owned TV news agency with which NBC has had ties for nearly 20 years. Under terms of the $10-million deal, which becomes effective Jan. 1, the Reuters news agency--still Visnews' majority owner--can buy back NBC's share of Visnews in 1998 if it and NBC decide to end the deal.
ENTERTAINMENT
February 14, 1990 | JANE HALL, TIMES STAFF WRITER
CBS Inc. and Turner Broadcasting Inc. are looking at areas of possible cooperation between the once antagonistic companies. While their discussions are said to be only exploratory, one area being examined is a possible partnership between CBS News and Turner's Cable News Network to share some news-gathering facilities and footage. The two companies already have made an agreement in which a portion of CBS' 1992 and 1994 Olympics coverage will be carried on Turner's cable channel TNT.
ENTERTAINMENT
August 3, 1988 | JAY SHARBUTT, Times Staff Writer
NBC, seeking to cut its news division's foreign costs, is trying to buy nearly 38% of Visnews, an international TV news agency, for what could prove a new news-gathering arrangement overseas, sources said Tuesday. If the deal goes through, there is a possibility that "some" NBC News staffers overseas might be reassigned to join with Visnews staffers in a new foreign news-gathering venture, said one source close to the talks.
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