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...whole schedule on Thursday is much more open to attack by other networks," says Harold Vogel, an entertainment-industry analyst for Cowen & Co. All this is bad enough, but NBC also faces the possibility that ER will soon defect to another network. Now that Seinfeld is going, that would be truly calamitous for NBC, so the pressure to keep ER has become exponentially greater...
Compared with figuring out all these permutations, keeping ER may look easy--just pay whatever it takes. If NBC loses ER on top of Seinfeld, says an industry source, "They will be dust. They will lose the demographics and the households. It would be a disaster." NBC has a window from Feb. 1 to March 1 to negotiate a renewal deal with Warner Bros., the studio that produces the show. If the two sides fail to agree, then Warner Bros. can negotiate with the other networks. Leslie Moonves, the president of CBS, developed ER when he was a Warner executive...
...connection between Seinfeld and the ER negotiations, however, does not end there. As part of a deal, Warner Bros. is likely to demand that NBC replace Seinfeld with another one of its shows. To further complicate matters, Paramount, which produces Frasier, may insist that if that show is moved to Thursday, it must be followed by a new comedy the studio is developing around Nathan Lane, who is currently starring in the film Mouse Hunt. In formulating its post-Seinfeld strategy, NBC will have to take into account all these demands, as well as the other scheduling dilemmas caused...
...Elway Against Favre (CNNSI) -- Pro football's postseason tournament is down to two after Green Bay dominated the Niners in a 23-10 win in the Candlestick ? er, 3Com ? mud. The Broncos outlasted the Steelers...
Will Fox Catch the Peacock? (FBR) -- With the loss of "Seinfeld" and possible defection of "ER," NBC's Thursday night flagship is looking decidedly leaky. The FORTUNE Business Report says today that the hot tip to replace NBC as the No. 1 network is Rupert Murdoch...