A STAR IS BORN.

Authors :: Fabrikant, Geraldine
Frons, Marc
Vamos, Mark N.
Ehrlich, Elizabeth
Wilke, John
Griffiths, Dave
Eklund, Christopher S.
Source :: BusinessWeek; 4/1/1985, Issue 2888, p74-81, 5p
Publication Year :: 1985
Abstract: The article focuses on the impact of Capital Cities Communications Inc. and the American Broadcasting Cos. merger to the broadcasting industry in the U.S. This merger is considered to be the first sale of a television network in the industry. It offers the possibility of hostile media takeovers encouraging further consolidation in the broadcasting industry. This megadeal indicates the end of ABC's fame as an independent company.