إعادة الأحد، ٢٩ مايو ١٩٩٤

May 22-28: Field Day for Press; Britain's 'Killer Bug' Succumbs to the Truth

Date: 29 May 1994

By William E. Schmidt

William Schmidt

The headline from London's Evening Standard last week had homeward commuters fumbling for pocket change: "Mystery Bug Kills Again." A rival tabloid's first-person account was even more riveting: "Killer Bug Ate My Face." But if there was an epidemic sweeping Britain last week, it was more rhetorical than medical. Health officials acknowledged that 10 people have died since the first of the year from a deadly variant of group A streptococcus, usually associated with sore throats. The mutant bacterium, a painful and often fatal infection, invades and destroys living fat, skin and muscle tissue, often following invasive surgery or deep wounds. As many as 450 deaths a year in the United States are blamed on the infection; in Britain the annual death toll runs in the dozens.

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Mondo Murdoch; Networking, Globally and Relentlessly

Date: 29 May 1994

By Richard W. Stevenson

Richard Stevenson

IT has always been Rupert Murdoch's nature to shake things up. For more than four decades, since he took over a newspaper in his native Australia in 1953, Mr. Murdoch has circled the globe, accumulating vast power and wealth at every stop, and spending it freely to acquire whatever media or entertainment property fit his strategic vision of the moment, establishment and status quo be damned. His latest display of audacity came last week in the United States when he engineered a $500 million deal to sign up 12 additional big-city television stations as affiliates of his Fox network, luring eight of them away from a startled CBS. The move, coming just months after Mr. Murdoch agreed to pay $1.6 billion to wrest from CBS the rights to broadcast National Football League games over the next four seasons, moved Fox indisputably into the first rank of the American television industry just eight years after Mr. Murdoch set out to build a network.

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Gay Newspapers Try New Paths to Growth

Date: 30 May 1994

By Michael Wilke

Michael Wilke

Gay and lesbian publications have long struggled for respect from national advertisers. While new, glossy gay magazines are now getting that attention, gay newspapers have remained largely in their shadow. At least 65 gay and lesbian newspapers are published nationwide, with an estimated total readership of nearly three million, according to a recent study by Mulryan/Nash Advertising in New York. The study found that these publications, 27 of which are weeklies, have a combined $41.8 million in annual ad revenue.

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Once Again, Journalists Find Humor in Politics

Date: 29 May 1994

By Howard Klausner

Howard Klausner

THE New Jersey Legislative Correspondents Club's annual dinner is back. And for the first time in many years, the dinner -- the yearly gathering where journalists roast the politicians they cover -- will be on the record. The dinner, which had its beginnings more than 120 years ago, was canceled last year after a newspaper editor questioned the ethics of journalists' and lobbyists' dining together.

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50 Years After D-Day, a Newsstand Invasion

Date: 30 May 1994

By Deirdre Carmody

Deirdre Carmody

If D-Day was the culmination of the biggest military preparation the world had ever seen, the celebration of its 50th anniversary must be a high-water mark in media preparation. The marketing of the D-Day anniversary is in full force, on television and in books, newspapers and magazines.

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In America; Chasing the Truth

Date: 29 May 1994

By Bob Herbert

Bob Herbert

At first it was annoying, but it also seemed kind of funny. Jim Grossman of the Howard Rubenstein public relations firm, which has been hired to spruce up the image of the Harvard Club in its dispute with striking workers, was telling me that the club was not trying to get the workers to contribute to the cost of their health insurance. I knew he was wrong, but it seemed like an easy thing to clear up. He insisted he was right and our conversation began to sound like one of those increasingly incoherent exchanges in a Martin Scorsese movie:

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New Gannett Buyback

Date: 30 May 1994

By Bloomberg News

Bloomberg News

The Gannett Company has resumed its share repurchase program to buy back up to 7.5 million shares, or as much as $250 million of its common stock.

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Continental Bank Bonuses

Date: 30 May 1994

By Bloomberg News

Bloomberg News

The Continental Bank Corporation will pay seven departing members of its management team $15.25 million -- including $3.9 million to its chairman, Thomas Theobald -- under "golden parachute" arrangements that will take effect because of the bank's pending takeover by the BankAmerica Corporation. Continental, based in Chicago, said it planned to pay the compensation under the "change in control" clause in the executives' employment contracts, according to a proxy statement sent to shareholders last week.

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Triarc Pay To Officers

Date: 30 May 1994

By Bloomberg News

Bloomberg News

The Triarc Companies, owner of Arby's Inc. and the Royal Crown Cola Company, has awarded its top two executives a total of $43.7 million in stock and performance options for their work last year, the company's proxy statement shows. Nelson Peltz, Triarc's chairman and chief executive, was awarded a total of $26.2 million in stock and performance options, and Peter May, president and chief operating officer, received a total of $17.5 million, the proxy said.

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Phone Company Faces Suit

Date: 30 May 1994

By Bloomberg News

Bloomberg News

Peoples Telephone said last week that it had been accused of violating Federal securities laws in connection with a failed merger proposal. Peoples, an operator of pay telephones, also said on Friday that it would take a second-quarter charge of about $1.2 million related to restructuring costs and nonrecurring legal settlement charges.

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