NEWS CORPORATION TO TAKE CHARGE RELATED TO GEMSTAR
Date: 28 March 2002
By Seth Schiesel (NYT)
Seth NYT
News Corp intends to take charge of about $2 billion against its earnings for current quarter as result of write-down at Gemstar-TV Guide International (S)
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A News Cocktail Mixed by a Software Genie
Date: 28 March 2002
By Susan E. Reed
Susan Reed
Computer scientists at Columbia University create software program called Newsblaster that collects online news articles, categorizes them by topic and then edits those on same topic down to single five-sentence summary; results, with one sentence taken from this article and another from that, can be startlingly disjointed; drawing (M)
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Broadcasting Awards Cite Sept. 11 Work
Date: 28 March 2002
ABC News and National Public Radio win Peabody Awards for their coverage of September 11 events; CNN and ABC's Nightline win awards for two documentaries on lives of Afghan women; other award winners listed (M)
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L.P.G.A. Asks Players' Help In Attracting More Fans
Date: 28 March 2002
By Clifton Brown
Clifton Brown
LPGA commissioner Ty Votaw asks for help in promoting tour, with emphasis placed on drawing more fans, marketing players and getting news coverage; photo (M)
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Killings of Journalists Rose In 2001 From the Year Before
Date: 27 March 2002
By Neil A. Lewis
Neil Lewis
Committee to Protect Journalists reports 37 journalists were slain worldwide as direct result of their work in 2001, up from 24 in 2000; says at least 24 were apparently victims of governments or their sympathizers who objected to reporters' work; says number of journalists in prison jumped to 118 from 81 in 2001 (M)
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Foreigners May Get Control of German Media Group
Date: 27 March 2002
By Edmund L. Andrews
Edmund Andrews
Leo Kirch, who controls Germany's biggest commercial television networks and rights to huge library of programming and sports events, is in danger of being toppled by Rupert Murdoch; it remains unclear whether Kirch will agree on rescue plan for Kirch Group with banks and shareholders; what is almost certain is that Kirch is about to give up control of company he built from scratch into one of Europe's biggest media conglomerates; most obvious candidates to take over Kirch are foreigners; Murdoch's News Corp is top contender, but other possibilities include Mediaset, Italian broadcasting company controlled by Prime Min Silvio Berlusconi; photo (M)
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INSTINET ISSUES WARNING OF A POSSIBLE LOSS
Date: 28 March 2002
By Bloomberg News
Bloomberg News
Instinet Group says it will probably post first-quarter loss and will take bigger-than-expected charge as it increases efforts to cut costs (S)
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XEROX RECEIVES $557 MILLION IN FINANCING
Date: 28 March 2002
By Bloomberg News
Bloomberg News
Xerox Corp receives $557 million from General Electric Co as part of plan for its GE Capital finance arm to take over most of equipment financing for Xerox's customers; deal is secured by $266 million in lease receivables from US and $291 million from Canada; company also sets up customer-financing agreements for Mexico and Brazil; financial terms undisclosed (S)
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PHILIP MORRIS PROMOTES SEVERAL EXECUTIVES
Date: 28 March 2002
By Bloomberg News
Bloomberg News
Philip Morris Companies names Michael Szymanczyk chairman of its Philip Morris USA tobacco unit; promotion is effective April 25; he was president and chief executive of unit and will be succeeded by John Nelson, president of company's inernational business; Dinyar Devitre is returning to Philip Morris as chief financial officer; he succeeds Louis C Camilleri, who takes over as chief executive on April 25 from Geoffrey Bible, who is retiring; Bible will remain chairman until August, when Camilleri assumes job (S)
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DUPONT CANADA WILL BUY LIQUI-BOX
Date: 27 March 2002
By Bloomberg News
Bloomberg News
DuPont Canada Inc will buy Liqui-Box Corp for $333 million (S)
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