News Corp. builds syndication muscle; Twentieth gets expanded first-run launchpad. (after acquisition of New World Communications Group Inc.; News Corp.'s Twentieth Century Television)(Brief Article)

From: Broadcasting & Cable | Date: July 22, 1996| Author: | Copyright information

Twentieth gets expanded first-run launchpad

News Corp.'s buyout of New World has made Fox's Twentieth Television arm the 800-pound gorilla of the syndication marketplace, but it also misses questions about the fate of New World shows set for launch in less than two months.

With the Fox O&O group swelling, Twentieth has clear advantage over competitors in launching first-run product, and the stations gain new leverage in negotiating with outside suppliers.

Fox is likely to fold New World's production and distribution operations-valued at about $450 million-- into Twentieth. ...

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