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...just moments to air time on the set of ABC's Good Morning America and David Hartman, the program's king-size star, lays a reassuring caress on the clenched hands of his diminutive companion. "We're going on," he murmurs. The woman in red whispers back in the stage argot of her generation: "Break a leg, David." Alexis Caydom, a TV makeup specialist retained for the occasion, makes one more pass at his client's high cheekbones, then retreats. All is ready for Nancy Reagan to record a minor "first" in the history of First...
...parent corporation, RCA, failed to attract subscribers. CBS Cable, a cultural channel, reached 5 million households but, like SNC, did not attract enough advertisers. Chairman Daniel Ritchie of Westinghouse Broad casting and Cable attributed SNC's woes to aggressive competition. Since SNC's debut, ABC, CBS and NBC have added a to tal of 33 hours a week of late-night and early-morning news shows. Thus, says Ritchie, "the availability of commercial time in broadcast news about doubled." His wry summation of SNC'S costly fling: "Our contribution has been to increase network news coverage...
When Satellite NewsChannels went on the air in June 1982, officials of the cable-TV service predicted they would soon put Ted Turner's rival Cable News Network out of business. SNC's corporate parents, ABC and Westinghouse, boasted greater news-gathering assets than CNN and deeper pockets to offset losses. The stock market agreed: after SNC was an nounced, the over-the-counter price of a share of Turner Broadcasting System fell from $16 to $11.50 in two days. But last week David conquered Goliath with his checkbook. Turner bought out SNC for $25 million in order...
...ABC's movie The Day After stirs a storm of nuclear debate...
...qualifying?soccer, field hockey, team handball?are admitted automatically. The U.S. is also entitled to select "demonstration sports," and has chosen baseball and tennis. With American competitors in such abundance, Wolper thought $200 million would not be unreasonable. Outbidding CBS, NBC and an independent consortium that included Norman Lear, ABC paid $225 million. Including foreign rights, broadcast revenues should exceed $300 million, one-third of which goes to the International Olympic Committee...