Editors' Note
Date: 09 July 1998
Editors' Note on July 8 article about Cable News Network's effort to decide future of its correspondent Peter Arnett; article included Arnett's statement that Christiane Amanpour was one of many correspondents who narrate reports developed by others; Amanpour should have been asked to comment on that assertion (S)
Full Article
On-Line Polling Is More Business Than Science
Date: 09 July 1998
By Matt Richtel
Matt Richtel
Surveys and polls abound on Internet, but many of them cannot be taken seriously because they are essentially marketing ploys intended to attract traffic; survey sites like the one maintained by CNN do present results as scientific and insist that polls are meant to be fun (M)
Full Article
CNN Retains Arnett Despite Role in Flawed Nerve-Gas Report
Date: 09 July 1998
By Felicity Barringer
Felicity Barringer
Top executives of Cable News Network say they will allow Peter Arnett to keep his job as correspondent despite his participation in network's repudiated report on use of nerve gas on secret 1970 mission in Laos; decision meets with mixed reaction among network's journalists, some of whom feel Arnett was being given break that had not been accorded to producers who had done the reporting and who were dismissed; Arnett's defense--that he was reading words written by others--has proved particular irritant to some other network corespondents; Christiane Amanpour vehemently denies ever narrating reports developed by others, as Arnett suggested she had done (M)
Full Article
I Am the Face
Date: 09 July 1998
By Brian Unger
Brian Unger
Op-Ed article by Brian Unger, on-air reporter for Comedy Central's The Daily Show, comments on the contribution that reporters like him make to television news stories in view of Peter Arnett's assertion that he was only 'the face' in CNN's now-repudiated report that US military used nerve gas to kill American defectors in Laos during Vietnam War (M)
Full Article
Journalism Goes Hollywood, and Hollywood Is Reading
Date: 10 July 1998
By James Sterngold
James Sterngold
Tina Brown's announcement that she is quitting as editor of The New Yorker to develop magazine, television shows and movies with Miramax Films unit of Walt Disney Co, puts her in middle of one of hottest fashions in media industry: melding of journalism and Hollywood; Peter Bart, editor of Daily Variety, calls magazine articles 'the source du jour for movies'; situation has heightened concerns about how need to generate movie ideas has potential to warp journalistic principles and to create conflicts of interest within media conglomerates; there have been allegations, usually denied, that entertainment companies like Disney and Time Warner have used publications they own to promote films or other projects produced by their studios (M)
Full Article
CRESCENT AND RECKSON IN JOINT VENTURE FOR TOWER
Date: 10 July 1998
By Bloomberg News
Bloomberg News
Crescent Real Estate Equities Co, led by billionaire investor Richard Rainwater, and Reckson Associates Realty Corp agree to buy Tower Realty Trust for $445 million (S)
Full Article
WELLPOINT HEALTH TO PAY $500 MILLION FOR CERULEAN
Date: 10 July 1998
By Bloomberg News
Bloomberg News
Wellpoint Health Networks Inc to buy Cerulean Companies for about $500 million in stock and cash; Cerulean is parent of Blue Cross and Blue Shield of Georgia (S)
Full Article
DELUXE ENDS AGREEMENT TO SELL TWO OF ITS BUSINESSES
Date: 10 July 1998
By Bloomberg News
Bloomberg News
Deluxe Corp ends agreement to sell its Paperdirect Inc and Social Expressions component of Current Inc to private investor, because some conditions were not met (S)
Full Article
NOVACARE CONSIDERS SPINNING OFF AT LEAST ONE BUSINESS
Date: 10 July 1998
By Bloomberg News
Bloomberg News
Novacare Inc hires Salomon Smith Barney and Wasserstein Perella & Co to look at spinning off one or more of its businesses (S)
Full Article
MOBILEMEDIA TO SELL 163 PAGING TOWERS FOR $170 MILLION
Date: 09 July 1998
By Bloomberg News
Bloomberg News
Mobilemedia Corp sells 163 paging towers to Pinnacle Towers Inc for $170 million in cash; Mobilemedia will continue to operate transmitters on towers and will lease space from Pinnacle for $10.7 million a year for 15 years (S)
Full Article