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Two dozen out in WB merger


Warner Bros. has completed the process of combining network production units Lorimar and Warner Bros. TV, resulting in the departure of about two dozen of the latter's estimated 100 employees.

  • TV

CBS stock rises 7.7%


Wall Street is waking up to David Letterman. Media analysts credited the Eye Web's new latenight talkshow host for an incredible $ 19-a-share surge in CBS stock on Wednesday.

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