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Re: WBZ Program Changes
- Subject: Re: WBZ Program Changes
- From: Mark Shneyder <bostonradio@yahoo.com>
- Date: Thu, 4 Feb 1999 21:08:22 -0800 (PST)
Yup, there's probably going to be more MarketWatch updates on radio,
as well
as on the TV side. This is a part of last year's huge
deal between DataBroadcasting and CBS, where the website
has the right to use the CBS name and logo. CBS also promised
to devote $ 30 million worth of air time to promote the site on CBS
TV and radio through 2002.In return, CBS now collects about 8-9%
of the Web site's gross ad revenue. CBS sells ads on MarketWatch
in package deals along with the networks' shows, stations and
billboards.
MarketWatch is owned by CBS(38%) and website's found Harvard MBA
Larry Kramer and his Data Braodacsting Corp(38%). The remaining
24% went on public sale on Jan.15th.
MarketWatch journalists also serve as CBS' business news operation,
providing reports on daily developments and breaking stories.
CBS' marketing firepower is a big attraction to investors who
think that the Internet is going to become the biggest thing since,
well, TV -- and that this is the moment when potential winners(or
losers)
have to establish themselves.
- -Mark
- ---Roger Kirk <rkirk@VideoServer.com> wrote:
>
> Has anyone noticed WBZ seems slightly more Financial-News-leaning in
> the morning? Today, noticed that "The Osgood Files" has been
replaced
> by a CBS stock market reporter. Anybody know what has become of
Charles?
>
>
> Roger Kirk
> RogerKirk@usa.net
>
>
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