Word: cbs
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Dates: during 1990-1999
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...networks have got entangled in a separate dispute. NBC, ABC, CBS and CNN have refused to air two half-hour G.O.P. advertisements against the Clinton plan, both paid for by billionaire Ross Perot. Republican National Committee chairman Haley Barbour finds this unfair, since last month NBC aired a two- hour, prime-time special on health care funded by the Robert Wood Johnson Foundation, a nonprofit group with close ties to the Clinton reform effort...
...fact, Diller could still wind up at CBS, perhaps by forming an investment group that buys the company. CBS insiders seemed open to such a possibility. "I think we gotta let the dust settle for a little while," says the source close to Tisch. But whether or not Diller ultimately joins CBS, the network of William Paley, Edward R. Murrow and Murder, She Wrote seems virtually certain to change hands before too many more seasons...
Comcast Stuns CBS...
Just hours before the boards of CBS and QVC were to vote on a planned merger, Comcast Corp. -- the nation's third largest cable company and a minority shareholder in QVC -- launched a surprise bid for the QVC cable network it helped found. As CBS chairman Laurence Tisch quickly dropped the merger offer and announced a $1.1 billion stock buyback, analysts speculated that the network remains vulnerable to a takeover...
...partners block his attempt to join forces with CBS...