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...news is big business. Last week another media behemoth entered the 24-hour news competition, as Rupert Murdoch launched the Fox News Channel, available initially in 17 million homes. It will vie for viewers with the granddaddy of 24-hour TV news, CNN (whose owner, Turner Broadcasting, last week became part of Time Warner, TIME's parent company), and with MSNBC, the ambitious TV-and-Internet news service launched in July by NBC and Microsoft...

Author: /time Magazine | Title: THE NEWS WARS | 10/21/1996 | See Source »

This latest sally in the news wars has sparked an extraordinary corporate feud. Murdoch has charged that Time Warner reneged on an agreement to carry the Fox News Channel on its cable systems, opting for MSNBC instead. (Time Warner had been required by the Federal Trade Commission to pick up one CNN competitor in order to win approval of the Turner merger.) This was a blow to Murdoch's hopes of expansion, since it means he will be blocked from Time Warner's almost 12 million cable homes--most crucially those in New York City, where Fox is based. Last...

Author: /time Magazine | Title: THE NEWS WARS | 10/21/1996 | See Source »

...News Channel is hardly the only new entree on a growing buffet table of news offerings. There are now two nationwide cable channels, CNBC and CNNfn, that specialize in business news. Another two--one from ESPN, the other from CNN and Sports Illustrated--will soon be offering around-the-clock sports news. On radio, news dribbles out daily on all-news stations and is dissected by opinionated talk-show hosts like Imus, Howard Stern and Rush Limbaugh. Local TV news programming is booming--up to six or seven hours a day on some stations--and 18 regional cable channels offer...

Author: /time Magazine | Title: THE NEWS WARS | 10/21/1996 | See Source »

...groundwork now." Yet, with the exception of a few efforts like the Boston Globe's solid but irritatingly titled Gen X column, "Whatever," newspapers have been slow to reach out to young readers. Television executives, on the other hand, are gung ho. This campaign season, it seems every channel has a new twentysomething on the staff, taking a page from MTV, which began covering politics during the 1992 campaign. "You start with the issues that matter to young people already, like the cost of an education and the environment, then go to the other issues they need to know about...

Author: /time Magazine | Title: TUNE OUT, TURN OFF, ZONE OUT? | 10/21/1996 | See Source »

...Streep playing Chamberlain. She divorced her husband, and is now married to American Rick Creighton. The couple run a publishing company specializing in health books. Closure eludes her; a coroner's inquiry last year could not provide a definitive cause for Azaria's death. But, says she, "you must channel your anger into positive energy and use it to work...

Author: /time Magazine | Title: Notebook: Oct. 21, 1996 | 10/21/1996 | See Source »

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