--------------------------------------------------------------------- The Evening Bridge - June 14, 2005 --------------------------------------------------------------------- TOP STORY - This afternoon, Viacom said its board of directors approved the creation of two separate publicly traded entities from the company's entertainment brands through a spin-off to stockholders. The first company created through the tax-free spin-off will retain the Viacom name and will be comprised of MTV Networks, BET, Paramount Pictures, Paramount Home Entertainment and Famous Music. The other company, to be called CBS Corporation, will combine the CBS and UPN broadcast networks, Viacom Television Stations Group, Infinity Broadcasting, Viacom Outdoor, Paramount and King World television production operations, as well as Showtime, Simon and Schuster and Paramount Parks. Viacom said it expects the transaction to be completed in the first quarter of 2006.
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John McCain (R-Ariz.) and Joe Lieberman (D-Conn.) introduced legislation that would provide public safety entities with more spectrum and would require broadcasters to begin using digital TV spectrum and return their analog television spectrum by Jan. 1, 2009 --- Standard and Poor's raised Comcast's corporate credit rating to "BBB-plus" from "BBB" --- Game two between the San Antonio Spurs and Detroit Pistons drew an estimated 115 million viewers, more than the 105 million viewers estimated to have tuned in for Game one. In Argentina, home country for Spurs Guard Manu Ginobili, the NBA Finals have attracted an estimated 4.25 million viewers through the first two games, NBA sources said. --------------------------------------------------------------------- What's New --------------------------------------------------------------------- This week's issue of The BRIDGE takes a hard look at home networks. Own the living room and you own the home. So goes the thinking of current, and wannabe, media tech moguls. But, how close - or far - are these same moguls to making the fully-networked home a reality? Don't miss it! Subscribe today at: http://www.mbc- thebridge.com/subscribe.cfm. --------------------------------------------------------------------- People Notes --------------------------------------------------------------------- Hunter Nickell was named executive vice president and general manager of Speed Channel --- Ted Chi was named marketing director for FUEL TV --- Kimberly Caruso was named director, advertising sales research, for Hallmark Channel and Hallmark Movie Channel --- Marianne Paskowski resigned as vice president of editorial development and editor in chief of Multichannel News. --------------------------------------------------------------------- PrimeTime Players --------------------------------------------------------------------- Close Pts. + % Chg 52-Week BLS 26.95 - 0.07 - 0.26 % 24.85 - 28.96 CVC 26.90 - 0.01 - 0.04 % 16.13 - 31.64 CHTR 1.07 0.06 5.94 % 0.88 - 4.06 CMCSA 31.82 0.15 0.47 % 26.25 - 34.50 CSGS 18.95 - 0.03 - 0.16 % 14.02 - 21.22 DTV 15.32 0.02 0.13 % 13.88 - 18.25 DISH 30.31 0.50 1.68 % 26.95 - 34.38 GMSTE 3.46 0.06 1.76 % 2.93 - 6.39 GE 36.41 - 0.14 - 0.38 % 31.30 - 37.75 ICCI 11.40 0.01 0.09 % 7.83 - 12.15 IACI 25.22 - 0.55 - 2.13 % 19.16 - 31.25 L 10.47 0.02 0.19 % 8.33 - 11.21 LBTYA 44.35 0.52 1.19 % 28.60 - 47.70 MCCC 6.57 0.04 0.61 % 5.06 - 8.22 MSFT 25.36 0.05 0.20 % 23.82 - 30.20 MOT 18.20 0.05 0.28 % 13.83 - 20.03 MBND 1.08 - 0.05 - 4.42 % 0.95 - 1.78 MWAV 1.02 0.00 0.00 % 0.85 - 2.78 NNDS 32.63 - 0.16 - 0.49 % 19.60 - 40.00 NWS 17.30 - 0.01 - 0.06 % 15.30 - 19.41 NXTL 32.19 - 0.57 - 1.74 % 21.18 - 32.89 OUTD 15.47 - 0.76 - 4.68 % 12.50 - 19.30 PAX 0.64 - 0.03 - 4.48 % 0.48 - 3.81 PIO 15.65 0.26 1.69 % 15.35 - 26.46 Q 3.68 - 0.04 - 1.08 % 2.56 - 4.86 SBC 23.90 - 0.01 - 0.04 % 22.78 - 27.29 SFA 34.03 0.14 0.41 % 24.61 - 35.59 SIRI 5.90 - 0.09 - 1.50 % 2.01 - 9.43 FON 24.93 - 0.35 - 1.38 % 16.83 - 25.80 TWX 16.79 0.04 0.24 % 15.41 - 19.90 TIVO 7.03 0.03 0.43 % 3.45 - 7.75 UCOMA 9.57 0.17 1.81 % 5.80 - 10.23 VZ 35.01 0.10 0.29 % 33.71 - 42.27 VIA 34.64 0.37 1.08 % 32.56 - 39.26 DIS 27.64 - 0.12 - 0.43 % 20.88 - 29.99 XMSR 32.63 0.29 0.90 % 22.43 - 40.89 ===================================================================== For all the industry critical news - see: The BRIDGE War Room - http://www.mbc-thebridge.com/research.cfm SkyREPORT - http://www.skyreport.com SkyRETAILER - http://www.skyretailer.com The BRIDGE - http://www.mbc-thebridge.com -------------------------------------------------------------------- -To modify your subscription to The Evening Bridge, visit http://www.mbc-thebridge.com/register.cfm We welcome your comments and suggestions. 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