World Series Up Big Headed Into Game 3 Garnett Set To Join TNT's "Inside The NBA" CBS' "TNF" Telecasts Down 16% This Season MLS' Seth Bacon Talks MLS TV Growth Twitter Plans To Cut Nearly 10% Of Workforce CBS' "TNF" Viewership Down 16% From '15 World Series Game 2 Overnight Best Since '09 MLS Sees Gains Across All Network Partners Facebook Helping Teams Drive Ticket Sales PBC Announces Third-Year Broadcast Plans
TURNER, NBC BREAK OFF MERGER TALKS
Published January 17, 1995
The planned merger between TBS and NBC "collapsed" over issues of control over the merged operation during talks Friday. TBS Chair Ted Turner: "We couldn't agree on corporate governance -- control." Sources said NBC parent company GE wanted to maintain "at least a 51% interest" in the combined network because GE "sees great potential in the communications business." GE is not in negotiations with anyone else about a sale of NBC, but said Sunday "it still wants to find a partner to help it expand NBC" (Sharpe & Lippman, WALL STREET JOURNAL, 1/16). NBC expressed "some hope" talks could resume, but an anonymous TBS exec said "the deal is just over" (Bill Carter, N.Y. TIMES, 1/16).