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The Miami Herald from Miami, Florida • 4

Publication:
The Miami Heraldi
Location:
Miami, Florida
Issue Date:
Page:
4
Extracted Article Text (OCR)

4 A The Miami Herald Friday September 181 987 a Sale of CBS affiliate to NBC advances 17TVI-ChanncI 4 wsvnfi) CARGO AUCTION UNITED STATES CUSTOMS CLEARED OF UMPAIO IMPORTED HIGH VALUE SHIPMENTS 4) WRAPPED BALES CERTIFIED AS HANDMADE PERSIAN RUGS AND FINE ORIENTAL RUGS OF OTHER ORIGINS ClMUftCBlKm TABRIZ NAIN KlRMAN SILK WOOL SHIRAZ TRIBAL VILLAGE AND CITV CARPETS TO BE AUCTIONED ALL IMPORT DUTIES FREIGHT PAID NO LIENS ENCUMBRANCES OR OUTSTANDING CHARGES NO DELIVERY GOODS RELEASED ONLY FOR IMMEDIATE DISPOSAL PAYMENT EACI? BALE WILL BE UNWRAPPED A PIECES TAGGED INDIVIDUALLY FOR PUBLIC ENASCH PIECE WILL BE AUCTION LIQUIDATED SINGLY PIECE BY PIECE TO THE HIGHEST filDBEfl ORDERED FOR IMMEDIATE DISPOSAL AT FREIGHT WAREHOUSE BEKINS MOVING STORAGE 650 NW 105th STREET EXIT NW 103rd ST OFF 1-95 1 BLOCK WEST TO THE FIRST LIGHT NW 7th AVE TURN RIGHT GO TO 105 STREETTURN RIGHT MIAMI SUN SEPT 20 AT 2 PM VIEW AT 1 PM AUCTIONEERS NOTE OUE TO URGENCY OF BEALIZATION OF IMMEDIATE CASH WE ARE UNDER STRICT INSTRUCTIONS TO ENSURE COMPLETE DISPOSAL OF ALL MERCHANDISE TERMS: CASH CHECK VISA MASTER CARD SPONSOR: ORIENTAL RUG LIQUIDATORS 201-575-7782 ORYUS EVERY RUG GUARANTEED HANDMADE IN WRITING HEADQUARTERS: 316 Miami Ave Miami TOWER LOCATION: Hallandale NETWORK AFFILIATION: CBS CURRENT OWNER: Kohlberg Kravis Roberts WENT ON THE AIR: 1949 VIEWING AREA: Dade Broward Monroe and southern Palm Beach County NUMBER OF VIEWERS: 1181000 In the process of selling to GE-NBC but deal hasn't -closed yet Based on net weekly circulation numbers compiled by Aribtron Ratings Service UJTVJ IVSVU-Channcl 7 HEADQUARTERS: 1401 79th St Causeway TOWER LOCATION: North Dade NETWORK AFFILIATION: NBC CURRENT OWNER: Sunbeam Television Corp principal stockholder Edmund Ansin WENT ON THE AIR: 1956 VIEWING AREA: Dade Broward and Monroe counties NUMBER OF VIEWERS: 1174000 Based on net weekly circulation numbers compiled by Aribtron Ratings Service our low DDITIONAL 40 sale prices on selected hand-made wool rose SALE rom IA from WSVN-Channel 7 to its new property WTVJ-Channel 4 and Ansin winds up as the local CBS affiliate he will lose about $75 million in annual advertising revenues according to his estimates In theory the FCC decision means NBC can now move its network affiliation The sale contract says the deal must close within a week of the FCC approval But where network shows land on the TV dial likely to change that soon contract with NBC does not expire until Jan 1 1989 and NBC has said it will honor that contract The switch in affiliations would happen sooner only if NBC buys out Ansin compensating him for the potential lost advertising revenues Analysts say Ansin is raising a public fuss over the sale to pressure NBC into doing just that Then he could pick up the available CBS affiliation and at least remain associated with a network think he wants to get the greatest the most effective buyout settlement with NBC he possibly can and he wants to get the greatest the most effective sweetheart deal with CBS he can possibly said Bruce Bishop Cheen media analyst with Paul Kagan Associates "And the way to do that is to cry loudly in a very public sort of The battle began eight months ago when GE agreed to buy WTVJ-Channel 4 from Kohlberg Kravis Roberts for $270 million Kohlberg Kravis a New York firm specializing in company buyouts acquired WTVJ-Channel 4 in 1984 from Wometco Enterprises after the Wolfson family decided to break up its long-established Miami communications and entertainment conglomerate After FCC ruling Ansin said he would appeal within the required 30 days is just the first he said After his appeal GE will respond and the FCC will have to consider the matter again a process that can take months But the sale can go ahead on the assumption the FCC reverse itself on appeal If it does reverse its decision the sale will be voided In explaining their decision commissioners said neither the Justice Department nor the Federal Trade Commission raised any objections to the sale The commission said the acquisition did not violate its 1984 law that a network or its parent in this case GE own more than 12 stations or 25 percent of the national viewing audience The purchase of WTVJ-Channel 4 would raise share to 7 stations and 2238 percent of the audience A CBS spokesman said the network has not decided what to do next CBS has a contract with WTVJ-Channel 4 that runs to April 1988 although the contract lets CBS cancel its affiliation if the station ownership changes The network could decide to switch over to Ansin or move its affiliation to one of the independent stations such as WCIX-Channel 6 The independent stations however generally have a weaker signal and thus reach fewer viewers in South Florida At GE spokesman Jack Batty said trying to work out arrangements with Ansin and Suggested media analyst Dennis McAlpine of Oppenheimer Co in New York should take the CBS affiliation and go home If he plays this game long enough he's going to wind up with nothing This story was supplemented by States News Sen'ice Japan to offer aid to US in Persian Gulf Los Angeles Times Service TOKYO Prime Minister Ya-suhiro Nakasone will tell President Reagan in New York Monday that Japan is prepared to make a financial contribution to lighten the US burden of escorting oil tankers though the Persian Gulf the Foreign spokesman said Thursday Yoshifumi Matsuda said he is Nakasone will express Japan's to do on the basis of widespread support that he said exists among the Japanese public for aiding the US effort to safeguard oil shipments from the strategic Gulf The prime minister however will not be able to tell Reagan how much aid Japan will provide or specify in what form such assistance will be given Matsuda added He said the work of a Foreign Ministry task force exploring ways Japan could help the US effort will not be ready for the Nakasone-Reagan meeting "We believe we should do something to cooperate with other Matsuda said cannot take any military action whatsoever So the logical consequence is financial statement came four months after Japan ruled out financial assistance unless the UN protected Gulf shipping Japanese reluctance melted after Britain France Italy and the Netherlands announced plans to help the protection effort leaving Japan which gets 60 percent of its oil from Gulf producers conspicuously absent 0 area rugs just a sampling of the wonderful values One day only $719 $119 $239 $239 $419 Ong $1999 $499 $799 $699 $1399 Now $1199 $199 $399 $399 $699 Additional 50 off our low sale prices on selected contemporary wool rugs: Catalina lvoryblue 9x12' Ong $899 now $399 one day only $199 Grafico charcoal 4x6' Ong $199 now $129 one day only 6450 6 x9' Ong $399 now $199 one day only $99 reduced at register All sizes are approximate Area RugstD 614) All stores except Miami Beach Maylair Miami International Mall Tampa University Square Tomorrow only! Save on a special selection of hand-made Quantities are limited and assortment varies by store wool area rugs from India Here's Size Spring Garden 9 x12' Aubusson 677 4'x6' Indo-Ming 6x9' India Carved Border 6x9' Indo-Ming 9x12' One day only $239 $119 $599 $599 $419 Orig S799 $499 $1699 $1699 $999 Now $399 $199 $999 $999 $699 Size Aubusson 677 Indo-Ming Meshlun-Ivory Serapi Murti Rug Beneath your rug prevents slipping and creeping even on top of wall-to-wall carpet In three styles: Ultra Blue lor use on any smooth floor with light weight rugs perfect for dhurries Ultra Green unique gnpping power keeps rugs firmly in place on smooth floors Open construction allow rug to "breathe" mokes vacuuming easer Rwg-to-Rug for mgs on tep of carpeting a great "gnpper" visa ami? ixp miaxi miami sch mon sa: tc a ssa MCS I "it -1 A V- irH.

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About The Miami Herald Archive

Pages Available:
9,277,864
Years Available:
1911-2024