TV networks raise ad prices for OJ verdict coverage
The major broadcast networks raise rates up to 15 percent for pre and post verdict spots while CNN charges up to 20 percent extra for verdict coverage. Industry sources note CNN’s ratings surge and expect verdict viewership to exceed typical peaks, potentially rivaling the Super Bowl. Executives say higher rates help recoup revenue lost from pre emptions during trial developments.
MENTIONED IN THIS ARTICLE
Los Angeles
Cable News Network
CNN
Geoff Karch
National Broadcast Media
New York
Milken To Benefit From Turner Turnover Deal
Michael Milken, banned for life from securities work, could earn about 50 million advising Ted Turner in the planned 7.5 billion sale of Turner Broadcasting System to Time Warner. Details surfaced in The Wall Street Journal. SEC may be reviewing whether this qualifies as advisory activity.
MENTIONED IN THIS ARTICLE
New York
Michael Milken
King of Junk Bonds
Ted Turner
Turner Broadcasting System Inc
Time Warner Inc
Milken
Wall Street Journal
Securities and Exchange Commission
SEC
Insanity defense planned in Massachusetts murder case
In Cambridge, Richard H. Rosenthal entered no plea to murder for killing his wife in Framingham and impaling her lungs and heart on a wooden stake. His lawyer said an insanity defense is likely. Police found the infant daughter in the car and the victim’s remains in the backyard after a scarring, multiple blows left her unrecognizable.
MENTIONED IN THIS ARTICLE
Cambridge
Mass
Richard H. Rosenthal
Middlesex Superior Court
Joseph Marshall
Rosenthal
Norman Zalkind
Zalkind
Murphy
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Steven M. Ramberg
Nancy E. Burt
CNM
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