Word: msnbc
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...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...
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...
...talk about the news; commentary, not information. Which makes the news explosion both more democratic and more suspect. Everyone from Kathie Lee Gifford to call-in viewers on Larry King Live has a viewpoint, and every viewpoint gets a hearing. Howard Stern may be as influential as Peter Jennings. MSNBC fills its airtime with a corps of interchangeable "contributors" who offer seat-of-the-pants opinions on whatever the big story of the day happens to be. It's cocktail party chat passing for journalism...
...Time Warner Cable to carry the fledgling network there. Fox argues that Time Warner, under an arrangement with the FTC specifying that it would carry another cable news channel besides CNN as it merges with Turner Broadcasting, broke a prior agreement by carrying the joint Microsoft-NBC news network MSNBC in this critical market instead of Fox News. Fox chief Rupert Murdoch says he will press for a permanent injunction against Time Warner's upcoming purchase of Turner and seek monetary damages. "Every city's cable system does have in effect a monopoly," says TIME's Richard Zoglin. "Cable companies...
...future. "Assuming the candidate has been decided before the convention," says Lane Venardos, who oversaw CBS's coverage, "I can't imagine us going through this kind of rigmarole again." Jeffrey Zucker, his counterpart at NBC, points out that with such cable channels as CNN, C-SPAN and MSNBC providing full coverage, the broadcast networks are under less obligation to do so. "It's their party, and they can throw it the way they want to," says Zucker. "But that doesn't mean we have to cover it. And I'm not sure that in the future we will...