IMS Considers Lifting Indy 500 Blackout ESPN Plans Ric Flair "30 For 30" Media Notes Mixed Bag For Weekend NBA Overnights Preakness Overnight Rating Up 7% NBC Overnight Down For Primetime Hockey Verizon, IndyCar Bring In-Car Footage To Mobile App Media Notes Some Media Still Offended By Redskins Name NESN's Red Sox Broadcast Team Off To Good Start
Upcoming Conferences and Events
May 31 - Jun 2
TBS REPORTS IMPROVED 4TH QUARTER EARNINGS
Published February 22, 1995
Turner Broadcasting reported sharply improved earnings for the 4th Quarter and profit from '94 overall. TBS reported a 160% jump in profits for the 4thQ. TBS Exec VP Terence McGuirk: "We're emerging into the sunlight after a couple of tough years. We're hitting on all cylinders. All of our core businesses are growing at double digits." The improvement partly reflects Turner's move into Hollywood with the acquisitions of New Line Cinema and Castle Rock Entertainment. Benefiting from live coverage of the O.J. Simpson trial, CNN also performed well. As for '95, TBS execs said they expect a "duller but more profitable year." CNN International is the only new channel Turner has planned (Charles Haddad, ATLANTA CONSTITUTION, 2/22).