กำลังเล่นซ้ำ วันจันทร์ที่ 30 พฤษภาคม ค.ศ. 1994

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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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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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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Pratt Gets F-16 Order

Date: 31 May 1994

By Bloomberg News

Bloomberg News

The United Technologies Corporation has received a $117.2 million Air Force order for F-16 jet fighter engines, the Defense Department said on Friday. The company's Pratt & Whitney division will make 32 F100-PW-220 engines in Middletown, Conn. The engines, to be completed by September 1996, will be installed on F-16's destined for Taiwan. The Air Force is the middleman for that transaction. The F100-PW-220 engine produces 23,450 pounds of thrust for the single-engine F-16, which is made by the Lockheed Corporation.

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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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Cablevision To Revise Deal

Date: 31 May 1994

By Bloomberg News

Bloomberg News

The chairman of the Cablevision Systems Corporation said last week that his company would proceed with its planned acquisition of Sutton Capital Associates, a cable television operator, but would renegotiate the transaction. Charles Dolan, chairman and chief executive of Cablevision, said his company had decided not to scrap the acquisition and would pay less than the $463 million purchase price the companies agreed to earlier. "The deal is on," he said. "We will pay a lower price."

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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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Funeral Coverage Left Out Religion

Date: 31 May 1994

To the Editor: I was disappointed with coverage of the funeral of Jacqueline Kennedy Onassis by you and the other media.

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NEWS SUMMARY

Date: 31 May 1994

International A3-9 U.N. PRESSING NORTH KOREA The United Nations Security Council unanimously issued what amounts to a final warning to North Korea for monitoring of its nuclear fuel, and the United States asked China to use its influence in the matter. A1 IN EAST EUROPE, REACTION News analysis: When the Soviet Union fell, many predicted that Eastern Europe would quickly become prosperous, but with expectations unmet, country after country is returning old leaders to power. A1

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