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Viacom 2nd Qtr. Robust

Brand Marketing

NEW YORK — Viacom Inc. swung to a profit in the second quarter, paced by improved cash flow in its cable networks, television and entertainment segments. Viacom on Thursday reported [...]

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Primedia’s 2nd-Quarter Doesn’t Measure Up

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NEW YORK — Primedia Inc.’s second-quarter loss widened more than expected, hurt by charges, acquisition costs and a slump in business-to-business advertising. Primedia, publisher of New York and Seventeen magazines, [...]

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NYT Ups From Within

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NEW YORK — New York Times Co. named Gerald M. Boyd managing editor of its flagship newspaper, the New York Times, effective in September. Mr. Boyd, who has been deputy [...]

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IPG Forecasts 2001 Earnings Will Fall Short

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NEW YORK — Interpublic Group of Cos. swung to a net loss in the second-quarter on one-time charges, as earnings from operations met the company’s lowered target. The company also [...]

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AT&T, AOL Discuss Cable-TV Merger

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NEW YORK–AT&T Corp., looking to fend off an unsolicited suitor for its cable business, is in preliminary talks with AOL Time Warner Inc. about a friendly deal to merge the [...]

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USA Networks Beats Expectations

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NEW YORK — USA Networks Inc. posted a narrower-than-expected loss for the second quarter, helped by growth across its diverse businesses. The cable and e-commerce company Wednesday posted a net [...]

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Reader’s Digest Falls Short Of Profit Goals, Will Trim Work Force

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PLEASANTVILLE, N.Y. — Reader’s Digest Association Inc. warned that earnings for its fiscal fourth-quarter and the first quarter of fiscal 2002 will come in well below its previous estimates, and [...]

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Martha Stewart 2nd Qtr. Net Income Meets Expectations

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NEW YORK — Martha Stewart Living Omnimedia Inc. reported a 13% drop in second-quarter net income and cautioned that results for the full year will miss estimates. Martha Stewart Living [...]

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Amazon Reaches New Deal With AOL

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SEATTLE — Amazon.com Inc. posted a narrower-than-expected loss from operations in the second quarter and said it remains on track to post its first profit from operations in the fourth [...]

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Excite Posts Narrower Net Loss, Still Needs Funding

Brand Marketing

REDWOOD CITY, Calif. — Excite at Home Corp. reported a smaller second-quarter net loss, but said it needs additional funding before the end of the year. The Internet-service provider posted [...]

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Survey Sez Parents Rely On TV Ratings Over V-Chips

Brand Marketing

LOS ANGELES — U.S. parents rely more on television ratings and less on the high-tech V-chip to choose the shows their children watch, according to a survey released Tuesday. While [...]

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CNET Posts Sobering 2nd Qtr. Results

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SAN FRANCISCO — CNET Networks Inc. reported a wider net loss in the second quarter, trimmed future expectations and said it will cut about 15% of its nearly 1,900-person work [...]

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Thomas-Graham Takes The Reins At CNBC

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NEW YORK–NBC named Pamela Thomas-Graham as chief executive of the CNBC business-news network, tapping a relative newcomer to the television business at a time of flat ratings and a general [...]

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Disney Close To Fox Family Deal

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NEW YORK–Walt Disney Co. is close to a deal to acquire the global children’s-programming business, Fox Family Worldwide Inc., for $3.2 billion plus the assumption of $2.1 billion in debt, [...]

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National Enquirer To Push Out Daily Gossip E-Mail

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NEW YORK–National Enquirer magazine and eUniverse Inc. announced plans to launch GossipFlash, an e-mail newsletter and Web site featuring Hollywood gossip. GossipFlash will deliver articles from the National Enquirer’s Web [...]