102 tviNews smart90.com/tvimagazine/2005/0805newsconvergence.htm



2006/kudoadstore/Imageskudoad/linkad11060x500.gifClick for tviNews PERSON OF THE WEEK

See Larger Moive

(You MAY need the FREE QuickTime plug-in to view and hear s90tv)



08thWeek Feb 21
tvinews Converges
into Week of Murdoch / NBS100
Achievement Week 0805

Page Photo

072005-07 VOL49 - POW71 - tviNews Events / BUY AMAZON











































































































Feature Articles
Center Page
082005 - / Rupert Murdoch, NewsCorp. Chairman / Front Cover Vol 49-POW66 /
NEWS Convergence - 08th Week of 082005
108 Money - Rupert Murdoch's News Corp.'s Net Income Soars on DVD Sales
NEWS Convergence - 07th Week of 072005
NEWS Convergence - 06th Week of 062005
TODAY'S PUZZLES - News events that will effect the 08th week of February 2005
Full Articles
106a BofA Prop 64 Will Not Stop Lawsuits
• 106a
Fiduciary Duties of Gov Is To Protect Royaties of Owners
• 106b
Law Statute of limitations Rape Case
• 106b
• 107c
Getting Producer Credits for Movies
• 108c
Murdoch's News Corp.'s Net Income Based on DVD Sales
• 110d
Big Profits For Google Stockholders
• 110d
Microsoft's Today's Puzzle - it's already A Search Engine?
• 110d
Bezos Amazon 2005 Money Report
• 110e
Verizon uses LookRadio Tiny Screen Concept
• 110e
Will it be -- SBC or AT&T?
• 112e
Taiwan and Fujian dialect

0605 - The Week That Was News Convergence
Yes90 tviNews / The Internet's First Full View Magazine - Television With No Borders
Click to See TVI COVER- THE FIRST FULL PAGE VIEW MAGAZINE - yes90 and tvinews


108-Yes Money DeskTop 100



This Weeks Cover

TVI Magazine
Back Issues








Returnˆ To Top

Video Previews / See a VRA TelePlay Movie


Returnˆ To Top'

TVI Magazine is not responsible for the content of external InterNet sites


Feature Stories - 082005-08 / Week tviNews Convergence

• • Fraud Ring Taps Into Consumer Credit Data
• • A fraud ring infiltrated one of the nation's largest collectors of consumer information and obtained credit reports, Social Security numbers and other information about tens of thousands of people in a massive case of identity theft.
• • ChoicePoint Inc. said it had begun sending letters to about 35,000 Californians to tell them that their personal information might have been compromised. The Alpharetta, Ga.-based company urged them to check their credit reports for new accounts or suspicious activity.
• • ChoicePoint also said it would warn 110,000 people outside California.
• • A North Hollywood man was arrested and pleaded no contest to felony identity theft. Olatunji Oluwatosin, 41, was sentenced to 16 months in state prison
• • Mutual Fund Firm Accused of Fraud
• • Los Angeles-based American Funds, one of the nation's biggest seller of mutual funds, violated securities rules by steering stock trading business to brokerages that pushed its funds to their clients, regulators said.
• • The NASD alleged that American Funds paid $100 million in commissions to about 50 brokerages in 2001 to 2003 for executing stock trades, both "to reward past sales and to encourage future sales."
• • American Funds broke rules aimed at eliminating incentives for brokers to pitch funds in exchange for fees from the mutual fund company, the NASD said. The NASD seeks to force American Funds to return "any and all ill-gotten gains."
• • Parent company Capital Group Cos. denied any wrongdoing and said it would seek to block action by the NASD.
• • Verizon to Buy MCI in $6.7-Billion Deal
• • Directors of MCI Inc. agreed to sell the long-distance carrier to Verizon Communications Inc. for about $6.7 billion in cash and stock.
• • The decision to hitch up with the nation's largest telephone company further transforms the U.S. telecommunications industry into one dominated by a few national behemoths that serve international corporations as well as households.
• • In voting for Verizon, MCI spurned a richer bid by Qwest Communications International Inc., which had sweetened its original offer over the weekend by about $1 billion to $7.3 billion.
• • The action may draw complaints from MCI shareholders, most of whom bought into the company after it emerged from bankruptcy. It was called WorldCom Inc. when an $11-billion accounting fraud crippled the company in 2002.
• • Although Qwest's offer was higher, the company is weaker financially than Verizon.
• • CalPERS Retirment System Elects Feckner as President
• • The board of the California Public Employees' Retirement System unanimously elected Rob Feckner as president.
• • Within minutes of the vote, 47-year-old Feckner presided over the selection of his vice president, read a statement of his beliefs and launched a discussion of the No. 1 item on the day's agenda: voting to oppose Gov. Arnold Schwarzenegger's campaign to overhaul the state's pension system for state and local workers.
• • Feckner in his first remarks as president said he would employ "a quieter, less flashy style" than his predecessor, Sean Harrigan, whose ouster in December sparked a debate over the future of the nation's largest public pension fund.
• • Feckner vowed to continue initiatives to limit excessive executive pay, control soaring healthcare costs and, above all, oppose efforts by Schwarzenegger and his Republican allies in the Legislature and business to dramatically change how public pensions are paid.
• • Stock Trading Probed at Wachovia
• • Brokerage giant Wachovia Securities said it was investigating stock trading, including possible use of fictitious accounts to reap short-term gains, at one of its Westlake Village offices.
• • The NASD, the brokerage industry's self-regulatory agency, also has opened a probe into the office, according to people familiar with the matter. The NASD declined to comment.
• • These people said an anonymous letter sent to Wachovia alleged that brokers used fabricated accounts to take advantage of company stock-purchase plans in which shares are sold to investors at discounts of as much as 5% off the market price.
• • The brokers allegedly sought to play the so-called arbitrage opportunity in such transactions: By buying the shares at a discount, then quickly selling the stock in the open market, they could profit from the "spread" between the two prices.
• • "There is an internal investigation into these issues," said a Wachovia spokesman.
• • WorldCom's Finance Chief Says He Lied
• • The government's star witness against former WorldCom Inc. chief Bernard J. Ebbers acknowledged under cross-examination that he repeatedly lied to the board about the company's financial plight and its fraudulent accounting maneuvers.
• • Scott D. Sullivan, former chief financial officer, said he misled directors shortly after Ebbers was forced out of the company in April 2002. That concession could potentially undercut Sullivan's claim that he wanted to disclose WorldCom's troubles to investors but was held back by Ebbers.
• • Ebbers, WorldCom's former chief executive, is charged with fraud and other crimes stemming from the telecom company's bankruptcy, the biggest in U.S. history. He faces at least 30 years in prison if convicted.
• •Tenet Healthcare Case Declared a Mistrial
• • The trial of Tenet Healthcare Corp. on charges that doctors were bribed to refer patients to its Alvarado Hospital Medical Center in San Diego ended in a hung jury. U.S. District Judge James Lorenz declared a mistrial after jurors reported they were deadlocked following five days of deliberations.
• • U.S. Atty. Carol C. Lam said that she remained confident in the government's case and that a retrial was likely in light of a poll that showed the jury was leaning toward conviction. She declined to comment further.
• • Tenet's general counsel, E. Peter Urbanowicz, said that he was sorry the jury failed to reach a verdict and that he hoped prosecutors would drop the charges.
• • FDA Panel Urges Painkiller Warnings
• • A Food and Drug Administration advisory panel voted to let doctors prescribe COX-2 painkillers but recommended stronger warnings about the risk of heart attacks and strokes.
• • Doctors, scientists and other experts on the 32-member panel proposed that Celebrex, Vioxx and Bextra carry "black box" warnings &emdash; the strongest admonishment the FDA can give to doctors.
• • Such warnings are likely to discourage use of the drugs.
• • In the case of Vioxx, which was taken off the market voluntarily last fall by Merck & Co., panel members voted to approve its use by a margin of two votes.
• • Celebrex and Bextra, which have remained on the market during the safety controversy, are produced by Pfizer Inc.
• • French Government Settles Exec Life Suits
• • Credit Lyonnais and the French government agreed to pay $600 million to settle their part of a long-running legal battle over the 1991 collapse of Executive Life Insurance Co.
• • The settlement of two consolidated lawsuits brought by California Insurance Commissioner John Garamendi and a Bay Area company, Sierra National Insurance Holdings Inc., wasexpected to be endorsed by a U.S. District Court judge in Los Angeles.
• • Credit Lyonnais, a major French bank, and two French government-controlled companies have agreed to pay $525 million to the state and $75 million to Sierra, according to attorneys familiar with the agreement.
• • The payments would settle fraud claims arising from the purchase of failed Executive Life and its portfolio of devaluing junk bonds by the bank and MAAF, a Paris-based insurance company. Sierra was a losing bidder to buy the insurance business and the bonds.
• • Hewlett-Packard Results Top Expectations
• • A week after ousting Chief Executive Carly Fiorina, Hewlett-Packard Co. said that its fiscal first-quarter revenue rose 10% but that profit was little changed from a year earlier.
• • Despite an improvement from last year, the company's PC business managed an operating margin of 2%, compared with 15% for its printing and imaging business.
• • Strong holiday-season sales of personal computers and computer services for the quarter ended Jan. 31 led HP to a profit of $943 million, or 32 cents a share, up 0.7% from $936 million, or 30 cents, a year earlier. Revenue was $21.5 billion, up from $19.5 billion.
• • Palo Alto-based HP's operating earnings of 37 cents a share beat the consensus estimate of 34 cents by Wall Street analysts.
• • Microsoft Outlines Software Security Plan
• • Microsoft Corp. Chairman Bill Gates outlined for the first time how the software giant plans to use recent purchases to beef up security of its Windows operating system.
• • Speaking at a security trade conference in San Francisco, Gates said Microsoft would give away a program to combat computer spyware, release a safer Internet browser this summer and sell anti-virus tools by year-end.
• • Gates said Microsoft was making significant progress in helping consumers and companies reduce the risk of electronic attacks.
• • Security industry rivals and some customers expressed doubts about Microsoft's efforts, noting that shortcomings in the company's other products were a major reason that attacks by spyware and electronic viruses continued to increase.
• • Pace of Home Sales Slows in U.S.A
• • The pace of Southern California home sales slowed last month as the rate of price appreciation eased slightly in much of the region, according to DataQuick Information Systems.
• • A total of 21,680 new and resale homes were sold in Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura counties in January. That was a 28.5% decline from December's 30,317 and a 4.9% drop from 22,652 in January 2004.
• • The median price &emdash; the point at which half of all properties sold for more, half for less &emdash; for a home in the six-county region rose 21% last month to $415,000.
• • January's median price was down 2.1% from December's median of $424,000.

• • ------------------------------------------------------------------------


Center Page / Feature

Top Stories To Start The Week With:

Rupert Murdoch's News Corp.'s Net Income Soars on DVD Sales

• •
 Rupert Murdoch, during a conference call with investors, News Corp. Chairman Rupert Murdoch said he expected to reach an agreement within nine months that would reduce Liberty Media Corp.'s 18% voting stake to a level less threatening to his family's control. Murdoch and his family own about 30% of News Corp.
• •
 "We haven't had any substantial talks yet," Murdoch said.
• •
 The company's cable channels also boost profit despite wider operating losses at its Fox television network.
• •
 Despite the poor performance of its Fox television network last fall, News Corp.'s quarterly profit rose 80% on strong DVD sales and continuing strength of cable channels such as Fox News Channel.
• •
 The company reported Wednesday that its net income rose to $386 million during its fiscal second quarter, which ended Dec. 31, or 13 cents a share -- up from $215 million, or 8 cents, in the same period a year ago. Revenue was up 18% to $6.56 billion.
• •
 The company projected that operating profit for fiscal 2005 would increase by as much as 20%, up from a previous growth forecast that was in the mid- to high teens.
• •
 News Corp.'s biggest weaknesses during the quarter were the Fox television network and Sky Italia, its Italian satellite TV service. Operating losses at Sky Italia rose to $105 million, from $104 million a year earlier.
• •
 At the Fox TV network, operating losses widened by $26 million to $153 million for the quarter, as programming costs increased, prime-time ratings fell and local advertising sales at its TV stations were weak. News Corp. executives blamed the network's continuing problem on disruption of its fall prime-time launch caused by its airing of professional baseball games.
• •
 Yet News Corp. President Peter Chernin predicted that Fox would end the season in a battle with CBS for first place in the ratings for young adults because of the continued dominance of returning shows such as "American Idol" and "24," and the promise of new programs such as "House."
• •
 On a brighter note, News Corp.'s film division was the quarter's star performer. Home video sales doubled in the period to $1.2 billion from a year earlier, giving News Corp. the highest profit margins in the film business, at 20%, analysts said.
• •
 Twentieth Century Fox Television posted strong DVD sales for "The Simpsons," "24" and "Family Guy," along with various library titles.
• •
 A strong roster of summer releases, such as "The Day After Tomorrow," as well as the DVD sales of catalog and TV titles and the "Star Wars" trilogy, led to a year-end payday in home video, Chernin said.
• •
 He said the margins could be sustained because of the studio's "focus on profitability over market share," and its success with lower-budget titles such as "Sideways," which was recently nominated for five Academy Awards, including best picture.
• •
 Cable programming also contributed to News Corp.'s strong quarter. Operating profit at the unit, which includes the FX, Fox News and National Geographic channels, rose 46% to $227 million.
• •
 News Corp. shares rose 5 cents to $17.67 on the New York Stock Exchange.

Powell to Resign as FCC Chairman / 0505e
Verizon Relies OnWireless For Profits / 0505d
Is Google Going Into theWeb Browser Business, ala Explorer? / 0505b
Mark Soval of VRA TelePlay Pictures says the Yahoo Move to Hollywood is a must. / 0505c
Copyright Protection / The U.S. is a party to international treaties that prohibit copyright renewal requirements.
• •
YES90 / "Let a Thousand Googles Bloom," LATimes Commentary, Jan 12 2005: Lawrence Lessig may be right that requiring periodic copyright renewal would make it easier to determine what works are protected, but he ignores one major reason we eliminated copyright renewals in the first place.
• •
The U.S. is a party to international treaties that prohibit copyright renewal requirements. We agreed to these treaties and eliminated our copyright renewal requirement after suffering many years of uncertain protection of American works in foreign countries.
• •
At a time when the export of intellectual property is a significant portion of our economy, the U.S. needs to exercise caution before abrogating treaties that protect the works of its authors.


ByLines: Editors Note

TVI Magazine ONLINE / IS YOUR INDUSTRY WEB SITE Ready for the future?
----- TVI Magazine introduces here a new marketing forum for the international television industry: a dynamic online service on its YES90 and tvinews.net web sites. TVI Magazine will now effectively serve the new marketing needs of all entertainment companies with a tool that offers almost instantaneous promotion updates. Company promotional material that appears on TVI Magazine's Web site can be hyperlinked with the company's own URL. TVI Magazine can also link the ads to a special Web page for the advertiser and then link that page to the advertiser's URL.
----- To ensure that visitors find their way to promotion information and product updates, TVI Magazine is listing TVI Magazine Online on more than 250 of the world's most popular search engines and electronic directories.
----- Online ad space can be purchased in monthly increments (with a one-month minimum). At renewal time, advertisers can change their ad and/or move it to another space if one is available. The TVI Magazine Web site will indicate the total number of hits on the home page per month and per day, enabling advertisers to monitor their reach and billings regularly.
----- TVI Magazine has two key pages for ad placement: the index page (home page) and the main page (main page of articles). Less expensive ad space is available on article pages. Advertisers can provide the artwork and/or logo, either by submitting the file electronically or via an existing graphic on the Web that TVI Magazine's online team can grab.
----- Most ads can be posted on the TVI Magazine site within a few hours. However, in the event that any graphic manipulation is required, one must allow more time before the ad is posted, usually two to seven business days for a static banner and up to 10 business days for an animated banner ad.

-----It just goes to show you, says Troy about the TV and Film industry -- "NOTHING IN THIS WORLD IS PERMANENT" . . . so follow the money - - and take some advice from a dinner-time chat with "Stonehead" -- Disappointments Are Great! Follow the Money . . . the Internet and the Smart- Daaf Boys.


Return ˆ To Top

Respectfully Submitted
Josie Cory
Publisher/Editor TVI Magazine
TVI Magazine, tviNews.net, Associated Press, Reuters, BBC, LA Times, NY Times, VRA's D-Diaries, Press Releases, They Said It Tracking Model, and SmartSearch were used in compiling and ascertaining this Yes90 news report.
©2004-2006. Copyright. All rights reserved by: TVI Publications, VRA TelePlay Pictures and Big Six Media Entertainments. Tel/Fax: 323 462.1099.

LookRadio.com -
Do it with movies, slide shows and music!

----- Smart90's 24-hour, 365 days-a-year Broadband S90tv WebMagic web page is the simplest way to add the WebMagic to your existing web pages. It's an Exciting New Way to Advertise.

----- Advertise Now on Smart90.com and utilize S90tv's Web Magic on your own domain. Email your insertion order and advertising copy or banner requests to the attention of: Advertising Marketing Director at look@smart90.com™.
-----To get you started today, you can attach to your Email, your logo, slides, transparencies, illustrations, photographs or other computer graphics. The materials will be forwarded directly to our art department.-
----- Advertising material must be received by the 10th of every month to be included in the following scheduled print magazine issue. In regards to our daily tviNews.net edition, your banner, logo, web movie, slide show or 60x500 animated banner, that is to be headlined at the top of our featured news page, as a linkonad or smartkudoad, can be Emailed to us at your convenience.
----- Or better yet, tell us where to go to fetch the information -- this way it will be much quicker to get you up and running. For Ad rates please click on: TVI Advertising Rates. Please read: "How Do We Do Business?

We Preserve The Moment

Returnˆ To Top

























































































































Use This Jump Bar To Go Directly to a Linked TVI Web Page of Your Choice.
• •• •
Email Us: tvi@smart90.com
YES Your Easy Search Jump Bar for tviNews / 100 - About DeskTop



Top of Page / #at
01. ThisPageMenu / #01
02. Yes90 tviNews / #02
03. News Feature / #03
04. Video Previews / #04
Buy Amazon / #Amazon
Contact Us / #end
Feature Story


Email Us: tvi@smart90.com
Contact Us
Video Previews

We Preserve The Moment
Yes90 tviNews - Week Convergence into the 8th week of 2005AD / 082005 - / Rupert Murdoch, NewsCorp. Chairman / Front Cover Vol 49-POW66 / 108 Money - Rupert Murdoch's News Corp.'s Net Income Soars on DVD Sales 104 Health - JUDGE RULES IN FAVOR OF WOMAN IN A $6M LANDMARK TOXIC MOLD CASE, / tviNews.net. smart90 xingtv s90tv dv90 / vratv, xingtv, Ddiaries, nbs100, LookRadio, Troy Cory, Josie Cory We Preserve The Moment Television With No Borders






Byline Stories:

Feature Story -
-----  (Continue)

Google Search


Click for SmartWeb-AD & Banner Rates /
TVI Book Store / TVI Back Issues


Legal Notices Copyright Information
How Do We Do Business?
Tel/Fax 323 462-1099
Return ˆ To Top