Jon Herskovitz

RUPE, SON SET IN EAST

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TOKYO — News Corp. and partner Softbank Corp. of Japan said Monday they are selling their shares in Asahi National Broadcasting Co. (TV Asahi) to the major daily Asahi Shimbun. The move comes about…

Marketplace

AD COIN RISES IN EAST

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TOKYO — The amount spent on advertising in Japan hit a record yearly high in 1996 to tally 5.77 trillion yen ($47.7 billion). Revenue from television ads led the way, while cable TV posted a…

NHK GIVES DIGITAL OK

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TOKYO — Japan's pubcaster NHK has tipped its hand and is ready to support the use of a digital format for satellite broadcasting, a Japanese news agency reported Wednesday. According to Kyodo News…

SONY STOCK SURGES

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TOKYO — While most issues on the Tokyo Stock Exchange have been languishing for months, shares of Sony have vaulted to near record highs due to the weak yen, a corporate strategy embraced by…

TOUGH TIMES IN JAPAN

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TOKYO — Two Japanese network news departments have been going through embarrassing times, with one being accused of fanning the flames of an international incident and another losing a top…

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