NBC LOOKING FOR WAYS TO REIGNITE DEAL WITH TURNER?
Published January 27, 1995
NBC is attempting to "rekindle talks" with Turner Broadcasting about aligning the two companies, even after talks of a merger came to an "abrupt halt" recently over who would control the operation. NBC wants the talks to focus on how the cable and broadcast news organizations could "more closely" work together. NBC President Robert Wright: "The long-term merits of this combination -- both in savings and generating new revenues - - would be very significant, and that's why we really worked hard to put this proposal together" (Diane Mermigas, ELECTRONIC MEDIA, 1/23).