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Telco loses cable waiver

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The FCC on Tuesday rescinded a waiver allowing General Telephone Co. of California (GTECA) to build a cable TV service in Cerritos, and ordered a sale of the cable operation within 120 days.

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News Corp. revs up

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News Corp.'s first quarter, ended Sept. 30, showed a 27% rise in net operating profit after tax and abnormal items, climbing to $ A246 million ($ 164 million) vs. $ A193 million ($ 129 million ) for…

  • Biz

Financial Briefs

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Earnings at Trimark Holdings Inc. jumped more than threefold, as the Santa Monica distributor reported big gains in its domestic video business. For its first quarter ended Sept. 30, Trimark earned $…

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Stern tops KLOS duo

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KLSX-FM's caustic Gotham import Howard Stern has once again overtaken KLOS-FM's Mark & Brian in the 6-10 a.m. race, according to the three-month Arbitrend report covering October.

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