Metro Detroit: Newsmakers Aug 19-21, 2006




Detroit Free Press:

My, my, my ... My Network TV generation. No, it doesn't quite have the Who's snappy rock 'n' roll revolution zing. But the minds behind the offbeat new network experiment, those sly-as-a-Fox folks at Rupert Murdoch's News Corp. media behemoth, aren't reinventing the entertainment wheel. They're just giving it a new escapist spin with a female-appeal eye-candy plan... Brand-new My Network TV channel revamps telenovelas for hours and hours of over-the-top soap operas (Sun 8/20)

Citadel Wants To Renegotiate ABC Deal:
The WALL STREET JOURNAL is reporting that CITADEL is trying to renegotiate the deal to buy ABC RADIO's stations and networks due to CITADEL's stock price decline. CITADEL's stock has fallen 27% since the purchase was announced, a slide that could trigger a larger payment to ABC parent THE WALT DISNEY CO. The paper says that CITADEL is seeking to change terms of financing for the purchase but that negotiations have not yet begun. In an interview, CITADEL CEO FARID SULEMAN said that the problems have arisen because "the performance of the ABC stations is not where it was expected to be. Some of the financing commitments have to be redone." (Mon 8/21)

WDVD Names Brent Carey For Weekends:
ABC RADIO Hot AC WDVD/DETROIT OM/PD RON HARRELL picks up former WTWR (TOWER 98)/TOLEDO air talent BRENT CAREY for weekend/swing duties. (Mon 8/21)







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This page contains a single entry by Mike Austerman published on August 22, 2006 7:24 AM.

Keener 13 visionary remembered for making history was the previous entry in this blog.

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