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Keyword: aoltimewarner

Brevity: Headers | « Text »
  • Superheroes for saving Saddam?

    09/19/2003 12:52:53 AM PDT · by kattracks · 18 replies · 465+ views ^ | 9/19/03 | Brent Bozell
    It was only a matter of time, I suppose. Comic-book superheroes have gone into the liberal political indoctrination business.The September issue of the DC Comics book "Justice League of America," or "JLA," presents Superman, Batman and Wonder Woman as U.N.-promoting paper dolls for a thinly disguised propaganda play against President Bush's war on Saddam Hussein.The story begins with a "napalmetto" attack on home soil. President Lex Luthor -- how nice, a supervillain standing in for President Bush -- connects the terror attack to "Qurac" and says the "Joint Chiefs are recommending military pressure." Wonder Woman protests: "International law and...
  • What's in a Name? Not the Letters "AOL"

    09/17/2003 9:11:39 PM PDT · by El Conservador · 4 replies · 205+ views (Internet Movie Database) ^ | September 17, 2003 | (Internet Movie Database)
    AOL Time Warner will become simply Time Warner again, the Washington Post reported today, citing persons close to the company's board of directors. The board is expected to approve the name change at its meeting in New York on Thursday. The newspaper indicated that the change was being pushed by Chairman and CEO Richard Parsons, who had previously opposed it. The company also will revert to its former TWX stock-market symbol and return to its old logo, the Post said.
  • RIAA sued for amnesty offer

    09/11/2003 3:29:12 AM PDT · by ThinkFreedom · 26 replies · 332+ views ^ | September 10, 2003, 9:04 AM PT | Stefanie Olsen
    A day after the Recording Industry Association of America filed a slew of lawsuits against alleged illegal song swappers, it became the target of legal action over its own "amnesty" program. California resident Eric Parke, on behalf of the general public of the state, filed a suit Tuesday against the trade association because of its amnesty, or "Clean Slate," program, a provisional shield it introduced Monday that allows people to avoid legal action by stepping forward and forfeiting any illegally traded songs. The suit, filed in the Marin Superior Court of California, charges that the RIAA's program is a deceptive...
  • HBO Plans Bush-Bashing Movie

    07/30/2003 6:00:07 AM PDT · by POhara71 · 16 replies · 293+ views ^ | 9/30/03 |
    They make you wait 2 years for a new Soprano's but they can fire off a leftist propaganda piece in a couple of months
  • HBO Plans Bush-Bashing Movie

    07/29/2003 1:43:03 PM PDT · by Paul Atreides · 17 replies · 338+ views ^ | 7-29-03 | Carl Limbacher
    Director Sidney Lumet is shooting a movie for HBO called "Strip Search” that will look into supposed abuses of civil rights since 9/11. "It’s inspired by real-life incidents, examples of a sort of McCarthyism that has existed since the attacks,” MSNBC quotes an "insider" as saying. "It’s about people who’ve been punished for saying and thinking things in a country where there’s supposed to be freedom of speech and thought. There’s no doubt that it will be controversial, given the level of emotions on this subject.” Really? The primary places that Americans are punished for speaking and thinking are the...
  • NASCAR Cuts Off Funding To Jesse Jackson's Group

    07/29/2003 10:22:19 AM PDT · by What Is Ain't · 51 replies · 610+ views ^ | 07/29/03 | Susan Jones
    ( - The National Association for Stock Car Auto Racing has cut off all funding for Jesse Jackson's Rainbow/PUSH Coalition, USA Today reported. According to the newspaper, "A person familiar with NASCAR's internal decisions confirmed that the racing organization has not paid Jackson's group any money in 2003 and doesn't plan to." USA Today reported that NASCAR has given a total of $250,000 to the Rainbow/PUSH sports division, generating criticism from conservative groups and racing fans, who see the money as appeasement. As reported earlier, Bill Shack, a board member of Jackson's Rainbow/PUSH Coalition, said auto-racing organizations such as...
  • CNN adds O'Brien, shuffles anchors (Rearranging the Deck Chairs on the SS Turner)

    07/07/2003 11:48:00 AM PDT · by Dont Mention the War · 36 replies · 724+ views
    USA TODAY ^ | July 6, 2003 | Peter Johnson
    <p>With Fox News clobbering it by a 1 million to 2 million viewer margin at night and a 250,000 margin in the morning, CNN, the onetime cable news leader, is regrouping.</p> <p>Starting today, former NBC Weekend Today host Soledad O'Brien joins Bill Hemmer on American Morning from 7 a.m. to 10 a.m. ET/4 to 7 PT. O'Brien replaces Paula Zahn, who has moved to the 8 p.m. ET/5 PT slot, where she faces cable king Bill O'Reilly. Former ABC anchor Anderson Cooper now anchors the 7 p.m. ET/4 PT hour.</p>
  • Who Owns What ~

    04/18/2003 2:27:03 PM PDT · by Zacs Mom · 14 replies · 254+ views
    It is becoming increasingly clear that the mainstream press have become 'information brokers' who present very specific information in a manor which meets a very specific agenda. "Baghdad Bob" serves as an example even a casual viewer can understand of the crucial role control of the news media and the dissemination of propaganda plays in the ability to gain and maintain control of an entire nation. Yet here in the US, where we treasure our heritage of a free press, we've have hardly seemed to notice that ownership of vast media entities has been consolidated into the hands of just...

    03/19/2003 12:04:40 AM PST · by GAGOPSWEEPTOVICTORY · 7 replies · 230+ views
    The New York Post ^ | 3/19/2003 | Paul Tharp
    <p>March 19, 2003 -- Ted Turner says he tried to go to Baghdad to cover the war live for CNN but wasn't allowed. Turner, the largest shareholder of CNN parent AOL Time Warner, volunteered for dangerous war-zone duty, but said his CNN executives believed he couldn't handle it.</p>
  • AOL Time Warner Rules Out CNN/ABC News Merger

    02/13/2003 5:56:03 PM PST · by GeneD · 189+ views
    LOS ANGELES (Reuters) - AOL Time Warner Inc. on Thursday ruled out any further consideration of merging its CNN cable news network with ABC News, saying a combination proved too problematic to pursue. The decision, announced on the air by CNN's "Moneyline" host Lou Dobbs and followed by a brief corporate statement, came months after word first surfaced of merger talks between CNN and ABC, a unit of Walt Disney Co. The two sides had said a potential merger could help the two companies save money and leverage their combined resources in the face of increasingly heated competition among television...
  • Missing Anchor: The Plane Truth [or, Aaron Brown Spent $13,000 to Fly to the Hope Classic]

    02/05/2003 10:44:48 AM PST · by GeneD · 13 replies · 218+ views
    The Washington Post ^ | 02/05/2004 | Lloyd Grove
    ...Yesterday CNN confirmed that last Tuesday night, after anchoring the State of the Union address, [Aaron] Brown spent around $13,000 of his own money to charter a private jet from Washington so he could make his Wednesday morning tee time. Initially Brown had planned to fly commercial, a CNN spokeswoman told us, but those plans fell apart when President Bush's speech was scheduled. An expensive charter flight was Brown's only option if he was to keep his commitment in California....
  • Ted Turner says he can't buy CNN back from AOL

    02/04/2003 8:26:40 PM PST · by Timesink · 27 replies · 202+ views
    Associated Press ^ | February 4, 2003
    <p>NEW YORK (AP) — CNN founder Ted Turner said Tuesday that he doesn't have the money to buy the network back from AOL Time Warner.</p> <p>Turner, who resigned as vice chairman of the AOL Time Warner board last week and is said to be dissatisfied with how CNN is being run, told CBS News correspondent Mike Wallace that he doesn't have enough money.</p>
  • AOL's Subscribers: 'Retreat!': Firm's Ad Blitz Has Little Payoff (AOL subs down for first time EVER)

    01/30/2003 9:51:57 PM PST · by Timesink · 10 replies · 201+ views
    The Washington Post ^ | January 31, 2003 | David A. Vise
    [...]But beneath the surface, another figure marked a seminal moment for Dulles-based America Online Inc., the media company's Internet unit: The number of U.S. subscribers fell for the first time ever on a quarterly basis, dropping by 170,000 in the last three months of 2002. The dip occurred despite the aggressive launch last fall of the company's newest software, AOL 8.0; the distribution of millions of free AOL computer disks; and the outlay of more than $1 billion on advertising and promotion during the year."The modest decline in AOL's subscriber base will spark renewed fears over AOL's long-term viability," investment...
  • American Porn

    01/29/2003 6:40:07 PM PST · by joesnuffy · 39 replies · 1,109+ views
    ABCNEWS ^ | 1/26/03 | Staff
    Pornography has become a huge business, with glitzy trade shows to promote its products. ( American Porn Corporate America Is Profiting From Porn — Quietly Jan. 28 — Pornography has grown into a $10 billion business — bigger than the NFL, the NBA and Major League Baseball combined — and some of the nation's best-known corporations are quietly sharing the profits. Companies like General Motors, AOL Time Warner and Marriott earn revenue by piping adult movies into Americans' homes and hotel rooms, but you won't see anything about it in their company reports. And you won't hear them talking about...
  • Breaking: Ted Turner Stepping Down From AOL Time Warner (CNBC)

    01/29/2003 1:54:54 PM PST · by Timesink · 51 replies · 415+ views
    CNBC | January 29, 2003
  • AOL TW Posts 2002 Loss of Nearly $100 Bln

    01/29/2003 1:56:40 PM PST · by GeneD · 26 replies · 609+ views
    NEW YORK (Reuters) - AOL Time Warner Inc., the world's largest media company, on Wednesday posted a loss for all of 2002 of nearly $100 billion, the largest annual loss in U.S. history, after taking a $45.5 billion charge in the fourth quarter to write down the value of assets. AOL reported a fourth quarter net loss of $44.9 billion, or $10.04 a share, after taking the non-cash charge to write down the value of its embattled America Online business and other assets, compared to a year-ago loss of $1.8 billion, or 41 cents a share. The company, which in...
  • AOL Time Warner Names Parsons to Be Its Chairman

    01/16/2003 2:53:00 PM PST · by GeneD · 3 replies · 297+ views
    The New York Times ^ | 01/16/2003 | David D. Kirkpatrick
    The board of AOL Time Warner named its chief executive, Richard D. Parsons, to be its chairman this afternoon, succeeding Stephen M. Case, the architect of AOL's acquisition of Time Warner, who submitted his resignation under pressure. Mr. Parsons will take over as chairman in May. He will remain chief executive as well. The move completes the surprising consolidation of Mr. Parsons's power over the company in the last two years since AOL acquired Time Warner. Named co-chief operating officer at the time, Mr. Parsons was largely pushed aside during the merger negotiations and crucial decisions afterwards. But when the...
  • New chief takes CNN helm at critical time for 24-hour news

    01/15/2003 11:13:52 AM PST · by GeneD · 10 replies · 236+ views
    USA Today ^ | 01/15/2003 | Del Jones
    <p>Jim Walton, the new CEO of CNN, went to work at the network 22 years ago as a video journalist, a weighty title for the bottom-rung, low-pay job of delivering tapes and other gofer work. The infant network employed 200.</p>
  • AOL's Steve Case Resigns

    01/12/2003 3:55:15 PM PST · by StopDemocratsDotCom · 73 replies · 382+ views
    Fox News
  • AOL Disses Investors

    01/09/2003 12:24:45 PM PST · by Dog Gone · 180+ views
    Motley Fool ^ | January 9, 2003 | Jeff Fischer
    AOL Time Warner (NYSE: AOL) appears to be dissing investors -- even slapping them in the face -- by disclosing key information to analysts before sharing it publicly. This issue involves accounting for goodwill. We'll explain.Goodwill is value that an acquiring company pays above the estimated value of the assets it acquires. When a company acquires or merges with another, and the stated value of the deal at the time is higher than the asset's estimated worth later, there is goodwill to write down. And now, after new 2002 rules, goodwill must be reappraised and written down annually, rather than amortized over many years. AOL Time...
  • AOL Time Warner May Write Down Billions Again

    01/08/2003 7:00:46 PM PST · by GeneD · 7 replies · 278+ views ^ | 1/08/2003 | Reshma Kapadia
    NEW YORK (Reuters) - AOL Time Warner Inc. is expected to write off several billion dollars -- on top of the record $54 billion charge it took last year -- increasing the strain on its balance sheet, analysts and investors say. The world's largest media company said in October it was probable it would take a "substantial" noncash goodwill impairment charge in the fourth quarter to reflect the reduced value of its America Online unit since its 2001 merger with Time Warner. While AOL Time Warner executives have said debt covenants would not be affected by the noncash charge, accounting...
  • CNN to launch new channel (God Help the Japanese)

    12/30/2002 10:24:07 AM PST · by Timesink · 2 replies · 229+ views
    Digital Spy ^ | December 28, 2002 | James Welsh
    news...CNN to launch new channel Posted on Saturday, 28th December 2002 at 8:38 pm EST (01:38 BST) by James Welsh JCTV and CNN are to launch a new CNN-branded channel, CNNj, taking the number of regional feeds of the news network to seven. The channel will combine programmes from CNN/US and CNN International - CNNI has a production centre in the Asia Pacific region located in Hong Kong - and some financial programming from CNN/fn. Chris Cramer, President of CNN International Networks, said in a release: "Thanks to the strong support of our long-time partner, JCTV we have been...
  • CNN fires veteran reporters (And More To Come! Merry Christmas from CNN!)

    12/25/2002 1:02:11 AM PST · by Timesink · 54 replies · 797+ views
    The Miami Herald ^ | December 24, 2002 | Glenn Garvin
    Posted on Tue, Dec. 24, 2002 CNN fires veteran reporters BY GLENN CNN has fired at least two veteran reporters in the past 10 days, and rumors are flying around the network's bureaus that other dismissals are on the way as part of a new round of layoffs.Reporters Mark Potter, based in Miami, and Allan Dodds Frank, based in New York, both confirmed Monday that they were fired earlier this month for what CNN told them were economic reasons.''What's happening is clear,'' said Frank, the featured reporter on CNN's Moneyline who recently won the prestigious Gerald R. Loeb broadcasting...
  • Despite a Marketing Blitz, CD Sales Continue to Slide

    12/23/2002 7:22:24 AM PST · by GeneD · 47 replies · 670+ views
    The New York Times ^ | 12/23/2002 | Lynette Holloway
    Despite efforts by record executives to stanch declining CD sales by releasing a cavalcade of big-name artists during the critical Christmas shopping season, early sales figures show an already struggling industry may now be in even worse shape. In the five weeks since mid-November, when the record labels began their biggest holiday blitz in recent memory, compact disc sales were down 12.9 percent compared to the period in 2001, according to data from Nielsen SoundScan, which tracks music sales. That poor performance comes even as new CDs from artists like Shania Twain, Mariah Carey, Jay-Z and Paul McCartney have sold...
  • The 2002 Nobel Peace Prize: Broadcast, Events Schedule

    12/08/2002 11:15:59 AM PST · by GeneD · 2 replies · 218+ views
    The Carter Center ^ | 12/06/2002
    The 2002 Nobel Peace Prize Activities ScheduleMonday, Dec. 9Press Conference, at 1 p.m. local time (7 a.m. ET), with former U.S. President Jimmy Carter, the Peace Prize Laureate, at the Norwegian Nobel Institute, Oslo Tuesday, Dec. 10Live Webcast at 1 p.m. local time--7 a.m. ET--from the Award Ceremonies (with simultaneous English translation) at this web Peace Prize Award Ceremony, including President Carter's Nobel Lecture, at the Oslo City Hall, Norway, at 1:00 p.m. local time (7 a.m. ET) Nobel Peace Prize Banquet at the Grand Hotel, Oslo Wednesday, Dec. 11The Peace Prize Performance by the Oslo Schools will take...
  • America Online May Charge For Content From Time Inc.

    11/25/2002 1:00:33 PM PST · by GeneD · 11 replies · 313+ views
    The Wall Street Journal ^ | 11/25/2002 | Matthew Rose and Julia Angwin
    <p>Want to read People magazine online? Soon, it might cost you.</p> <p>America Online and sister magazine publisher Time Inc. are discussing an agreement under which a substantial portion of the content on Time Inc.'s currently free Web sites could be transferred onto America Online's struggling proprietary service, company executives say.</p>
  • Robert Novak: I'm a Token

    11/20/2002 12:15:05 PM PST · by GeneD · 6 replies · 181+ views ^ | 11/20/2002
    CNN Crossfire moderator Robert Novak suggested Monday night that he is an exception that proves the rule -- that the news media displays a liberal bent. Speaking at Northwestern University in Illinois, Novak, who also writes a conservative political column for the Chicago Sun-Times, remarked: "People often ask me if the press is biased, and I often answer with a question: 'Is the Pope Catholic?' ... I'm a token [at CNN]. Why else would they keep a 71-year-old man around like that?"
  • Eisner Gives ABC 'Four To Five Years'

    11/13/2002 11:16:00 AM PST · by GeneD · 32 replies · 422+ views ^ | 11/13/2002 | Charles Dubow
    NEW YORK - This morning as guests gathered at a media breakfast to hear Michael Eisner, chairman and CEO of the Walt Disney Co., the weather outside was cold and nasty. But, if you were an employee of Disney subsidiary ABC, the biggest chill was inside when the raspy-voiced Eisner stated that he did not see the third-ranked network being around in "four to five years." Eisner has been under increasing pressure from shareholders to bolster the company's stock price, which is trading in the $17 range, lower than where it was five years ago and more than 60% off...
  • CNN's Parent May Postpone News Merger With ABC

    11/10/2002 6:20:59 PM PST · by Timesink · 9 replies · 258+ views
    The New York Times ^ | November 11, 2002 | Bill Carter and Jim Rutenberg
    November 11, 2002 CNN's Parent May Postpone News Merger With ABCBy BILL CARTER and JIM RUTENBERG egotiators of the proposed merger between CNN and ABC News reported extensive progress late last week and predicted that an agreement in principle could be in place as early as January. But as the negotiators pushed ahead, new questions arose over whether the leadership of CNN's parent, AOL Time Warner, would delay any deal as it coped with other issues roiling the company. AOL Time Warner has been buffeted by a series of crises in the past year, including management changes, and it...
  • Controversial combination of Spanish and English making its way into mainstream

    11/03/2002 5:52:13 PM PST · by GeneD · 27 replies · 1,022+ views
    AP via ^ | 11/03/2002 | Deborah Kong
    <p>In the wacky cartoon world of the ''Mucha Lucha'' wrestling school, Buena Girl is trying to help her friend gain weight in preparation for his match with three big ''brutos.''</p> <p>''And now for the ultimate in buena eats! El Masked Montana's mega torta!'' she says, stuffing an enormous sandwich into his mouth.</p>
  • Turner's influence re-emerges at AOL Time Warner

    10/26/2002 12:41:23 PM PDT · by GeneD · 1 replies · 193+ views
    The Atlanta Journal-Constitution ^ | 10/26/02 (for editions of 10/27/02) | Matt Kempner
    Ted Turner, hard of hearing and approaching his 64th birthday, has got his groove back. The billionaire "Mouth of the South," who spent much of last year demoralized and complaining about having been fired, is now looking much more like the corporate rabble-rouser he used to be. "A great leader has two key qualities," Turner said in a speech this month at the University of Rochester in New York. "He knows where he wants to go; he's able to persuade others to go with him." After a year of virtual corporate exile, Turner has figured out the first part and...
  • AOL to Build $483 Million Movie Studio in China

    10/25/2002 9:25:38 AM PDT · by ex-Texan · 12 replies · 217+ views
    Yahoo / SG News ^ | 10/25/2002 | Staff
    AOL to Build $483 Million Movie Studio in ChinaMedia titan AOL Time Warner Inc plans to invest $483 million to build an outdoor movie studio that is also expected to become a tourist attraction, the official Xinhua news agency said on Friday. Company executives toured Linan city in China's eastern province of Zhejiang and met its mayor during a trip aimed at finding a suitable location for the massive filming base, it said. The big-budget studio would be the largest-ever foreign investment in the film industry, surpassing Rochester, New York-based Eastman Kodak Co's $4 million stake in a Shanghai cinema....
  • Disney, Microsoft Form Internet Service

    10/24/2002 1:01:50 PM PDT · by GeneD · 5 replies · 231+ views ^ | 10/24/2002
    BURBANK, Calif. (Reuters) - Two titans of their industries, The Walt Disney Co. and Microsoft Corp., on Thursday banded together to launch a family friendly Web service in a challenge to AOL's leading role as an Internet service provider. By pairing up with Disney in the new service called Disney on MSN, Microsoft's new MSN 8 service gains access to the Walt Disney's movie properties like hit film "Monsters Inc.," ABC broadcast TV network, ABC News, ESPN cable TV sports channel, and Radio Disney. AOL, a unit of No. 1 media company AOL Time Warner Inc., has the largest number...
  • Appeals court throws out damage award in slaying of guest after `Jenny Jones Show' taping

    10/23/2002 11:08:19 AM PDT · by GeneD · 7 replies · 327+ views
    AP via ^ | 10/23/2002 | Dee-Ann Durbin
    <p>The Michigan Court of Appeals threw out a jury's $29.3 million award against the "Jenny Jones Show," saying the talk show had no legal duty to protect a guest who was murdered after revealing a gay crush.</p> <p>The appeals court, in a 2-1 ruling released Wednesday, reversed the 1999 decision of an Oakland County jury that found the show's owner, Warner Bros., and its distributor, Telepictures, liable for the death of Scott Amedure.</p>
  • Trouble in 'The West Wing'

    10/20/2002 4:09:35 PM PDT · by GeneD · 13 replies · 411+ views
    The New York Times ^ | 10/20/02 (for editions of 10/21/02) | Bill Carter
    Just a month ago, Aaron Sorkin, the man responsible for creating and writing the hit NBC series "The West Wing," walked out of a theater in Los Angeles gripping his third consecutive Emmy award for best drama. He had every reason to believe he could head right over to NBC, brandish the latest award and, using the leverage that every producer of a hit show up for renegotiation has, tell the network to pay up. But in one of the more intriguing subplots of the television season, circumstances have changed suddenly and unexpectedly for "The West Wing" and Mr. Sorkin....
  • Time Inc. to Close Sports Illustrated Women

    10/16/2002 4:37:08 PM PDT · by GeneD · 72 replies · 284+ views
    The New York Times ^ | 10/16/02 | David Carr
    Sports Illustrated Women, a monthly magazine, is closing, a senior Time Inc. executive said late this afternoon. With a circulation of approximately 400,000 and the brand of Sports Illustrated behind it, Time Inc. executives had hoped that the magazine would succeed in finding a niche among women involved in participatory sports. Other efforts, including Condé Nast Women's Sports and Fitness, have failed to find an audience big enough to attract major advertisers. Women's Sports and Fitness closed in 2000 after three years. The current version of Sports Illustrated Women was conceived and edited by Susan Casey, a former creative director...
  • AOL may sell sports teams, CEO says; Analysts say three sports franchises not core assets

    09/30/2002 9:22:03 AM PDT · by GeneD · 3 replies · 267+ views ^ | 9/30/02 | Jon Friedman
    NEW YORK (CBS.MW) -- AOL Time Warner, the world's largest media and Internet company, may sell its three sports franchises to bolster its financial position, its chief executive officer said. AOL spokeswoman Tricia Primrose confirmed Monday that CEO Richard Parsons had told securities analysts Friday the company is searching for ways to strengthen its balance sheet, and offered up the sports teams "as an example of a non-core asset." However, Primrose stressed that "no discussions" are under way for such a sale. AOL, whose stock has fallen 63 percent in the past year, is under pressure to boost revenue and...

    09/24/2002 12:51:37 AM PDT · by SunStar · 47 replies · 240+ views
    Drudge Report ^ | 8/24/2002 | Matt Drudge
    TIMES staffers Elizabeth Jensen and Sallie Hofmeister report that negotiations received a 'lukewarm reception' at last week's AOLTIMEWARNER board meeting. Under the plan AOL TIMEWARNER and CNN's news divisions would be pooled into a new company with revenues of more than $1.6 billion -- approximately $500 million to $600 million accounted for by ABC News and more than $1 billion from CNN. AOL TIMEWARNER would own between two-thirds and three-quarters of the new company, according to the plan. But operational control of the merger might be more evenly split, mitigating some objections from ABC, sources tell the LA TIMES....
  • Pop-Ups Move to TV Set From Computer Screen

    09/20/2002 1:44:32 PM PDT · by GeneD · 5 replies · 455+ views
    Dow Jones Newswires ^ | 9/20/02 | Biran Steinberg
    <p>NEW YORK -- We'll return to our regularly scheduled program right after this brief message. And before we get to that brief message -- well, here's a briefer one.</p> <p>Pop!</p> <p>As an "NYPD Blue" rerun unspools on Court TV, the screen shrinks and shifts. Up from the bottom rises a message: This episode of the famed cop show is brought to you by Planters' nuts, the salty Kraft Foods Inc. snack. As a movie plays on AOL Time Warner Inc. cable-counterpart TNT, a quiz runs across the bottom of the screen, asking viewers a question about the film. It's sponsored by United Parcel Service Inc. Earlier this year, TNT tested a tactic that had a message from an American Express Co. financial-services operation appear -- just as Steve Martin faced a particularly thorny money decision during "Father of the Bride II."</p>
  • Prince Alwaleed Urges Saudi Investors to Stay in U.S. Market

    08/22/2002 8:48:58 AM PDT · by GeneD · 222+ views ^ | 8/22/02 | James Cordahi and Sean Evers
    <p>Cannes, France, Aug. 22 (Bloomberg) -- Saudi Prince Alwaleed bin Talal, the world's 11th richest man, urged fellow Saudis to remain invested in U.S. markets amid speculation they have pulled billions on concern the assets will be frozen.</p> <p>The 45-year-old nephew of King Fahd, whose net worth Forbes magazine valued at $20 billion, dismissed analyst estimates that Saudi investors have withdrawn $200 billion from the U.S. market. The families of about 600 killed in the Sept. 11 attacks have filed a $1 trillion lawsuit last week against Saudi banks, charities and individuals.</p>
  • CNN chief claims US media 'censored' war

    08/16/2002 11:16:51 AM PDT · by GeneD · 9 replies · 432+ views
    US news organisations “censored” their coverage of the US campaign in Afghanistan in order to be in step with public opinion in the wake of the September 11 terrorist attacks, a CNN senior executive has claimed. Coverage of the war in Afghanistan was shaped by the level of public support that existed for US action, Rena Golden, the executive vice-president and general manager of CNN International claimed. Speaking at Newsworld Asia, a conference for news executives in Singapore, Golden said: “Anyone who claims the US media didn’t censor itself is kidding you. It wasn’t a matter of government pressure but...
  • Faster, Harder, Stupider: HBO's poor excuse for pornography

    08/08/2002 4:41:50 PM PDT · by GeneD · 998+ views ^ | 8/8/02 | Virginia Heffernan
    The titlers of TV shows adore the word "real." Maybe they believe it distracts from the illusion of the medium. There's The Real World, Real Romance, Real TV, and, of course, nonstop televised reality. But what exactly is HBO implying when it calls its recurring triple-X documentary show Real Sex? In 30 sporadic installments and counting—as well as plenty best-of specials—the adventurers at Real Sex have visited a range of ribald scenes, including a nude beauty contest, several orgasm workshops, and the road show of men who manipulate their penises for comic effects. Real sex, it appears, is orgiastic, and...
  • Viacom's Redstone in Beijing rallying for MTV

    07/30/2002 2:02:46 PM PDT · by GeneD · 3 replies · 340+ views
    Reuters via ^ | 7/30/02 | Jonah Greenberg
    BEIJING, July 30 (Reuters) - Viacom chief Sumner Redstone is trying to get permission to show a 24-hour Mandarin MTV music channel over cable systems in the rich southern Chinese province of Guangdong, industry sources said on Tuesday. "They are pitching very, very hard to have the landing rights of MTV," said an executive at a rival media group in Beijing, referring to MTV China, one of eight channels MTV broadcasts in Asia. By getting rights to broadcast MTV China in Guangdong, the U.S.-based media giant would gain access to China's tightly regulated cable television market comparable to early birds...
  • AOL sinks after S&P negative stance: Media titan's 'BBB+' credit rating remains intact

    07/26/2002 3:28:21 PM PDT · by GeneD · 2 replies · 243+ views ^ | 7/26/02 | Jon Friedman
    NEW YORK (CBS.MW) - AOL Time Warner shares fell 5 percent in the after-hours market Friday after Standard & Poor's said that it has revised its outlook for the company from "stable" to "negative." The ratings service didn't, however, change the media giant's credit rating of "BBB+." A spokesman for S&P said that "deteriorating ad sales" could result in "weaker credit measures" and that the Securities and Exchange Commission inquiry could consume management's attention "as it strives to stabilize operating performance." On Thursday, concerns over the SEC's investigation into the media giant's accounting practices pushed shares as low as $8.70....
  • AOL says it's being probed by SEC

    07/24/2002 5:01:16 PM PDT · by GeneD · 6 replies · 250+ views ^ | 7/24/02 | Jon Friedman
    NEW YORK (CBS.MW) -- Shares of AOL Time Warner fell as much as 8.8 percent after hours Wednesday as the company reported that the Securities and Exchange Commission is investigating its accounting. Shares of AOL, the world's largest media company, dropped as low as $10.40 in after-hours trading, following the second-best one-day gain ever recorded for the Dow Jones Industrial Average. AOL Time Warner also reported its second-quarter earnings after Wednesday's close, with a profit of $394 million that surpassed Wall Street's estimates. Revenue rose to $10.6 billion. During a conference call with analysts, AOL Chief Executive Richard Parsons said...
  • SEC looking into AOL's accounting

    07/24/2002 2:22:42 PM PDT · by newsperson999 · 62 replies · 468+ views
    5:00 pm 7/24/02 Chief Executive Richard Parsons said Wednesday that the U.S. Securities and Exchange Commission had opened a fact-finding inquiry into its accounting practices. Parsons announced the news at the company's conference call and defended the company's accounting practices. The Washington Post last week ran several articles that AOL Time Warner boosted revenue figures through unconventional deals the past couple of years. SOURCE HERE
  • Zahn Cites Celeb Status in Lawsuit

    07/24/2002 11:27:48 AM PDT · by GeneD · 32 replies · 1,273+ views
    Filed at 1:56 p.m. ET GREENWICH, Conn. (AP) -- Paula Zahn's lawyer is arguing that the CNN anchor shouldn't have to give a deposition in a lawsuit filed by her landscaper, partly because she's a celebrity. Memrie Lewis is suing Zahn and her husband, Robert Cohen, for failing to pay in full for extensive landscaping at the couple's Greenwich home, according to documents filed in Stamford Superior Court. Lewis said the couple has not paid about $108,000 for services rendered. She seeks about $200,000, including interest and compensation. Nicole Anker, the lawyer representing the couple, filed a motion last week...
  • The Relevance of 'Sex' in a City That's Changed

    07/21/2002 11:02:22 AM PDT · by GeneD · 277+ views
    The New York Times ^ | 7/21/02 | Julie Salamon
    "Sex and the City" sashayed into public consciousness in the summer of 1998, when sex had become, if not the national pastime, the reigning political story. Monica Lewinsky had just been featured on the cover of Vanity Fair, and her name was regularly mentioned on the front pages of major newspapers. The Clinton-Lewinsky affair had made lewd gossip an acceptable form of political commentary, and "Sex and the City" quickly became part of the pundit glossary....
  • CNN's breakout comedy hit

    07/18/2002 2:58:31 PM PDT · by GeneD · 20 replies · 429+ views ^ | 7/18/02 | Carina Chocano
    July 18, 2002 | Orange being the color of insanity, it's no surprise that it features so prominently in the overall look of CNN's "Connie Chung Tonight." No signature hue for this show, now in its third agonizing week, would make more sense. I'm not suggesting that Connie is actually crazy, but she does seem a little out of sorts. Listless, distracted, occasionally manic. Given to the occasional inappropriate remark. She routinely blanks out. Stumbles while straining to read her cue cards. Says "Thank you" and "Are you finished?" before interviewees have furnished their replies to questions she posed seconds...
  • AOL accounting games boosted revenues

    07/18/2002 12:03:49 AM PDT · by BurbankKarl · 12 replies · 295+ views
    Washington Post ^ | 7/17/02 | Alec Klein
    <p>In October 2000, a critical question confronted America Online Inc. as it sought to clinch the largest merger in U.S. history: Was it feeling the effects of an industry-wide slowdown in advertising?</p> <p>AOL's president at the time, Robert W. Pittman, offered a resounding answer: "I don't see it, and I don't buy it," he told Wall Street stock analysts and the media.</p>