TITLE

INVESTMENT BANKING DATABASE: Media/Entertainment

PUB. DATE
April 2003
SOURCE
Investment Dealers' Digest;4/28/2003, Vol. 69 Issue 17, p44
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article focuses on the investment banking in the media and entertainment sector of the U.S. as of April 28, 2003. The FCC's plan to relax restrictions on mergers among newspapers, radio and broadcast companies has elicited a split reaction from Congress. But since the agency plans to unveil its new rules on June 2, 2003 some industry observers believe Congress could still step in and try and holt any easing of existing rules. AOL Time Warner Inc. is said to be neat a deal to sell half of its joint venture in the Comedy Central cable channel to Viacom Inc., its partner, for 1.2 billion dollars. RealNetworks Inc., a maker of software that plays Internet audio and video files, said it plans to buy Listen.com for 36 million dollars in cash and stock.
ACCESSION #
9845539

 

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