News In Brief

US supports ban on profits for networks in TV reruns

The Reagan administration said Thursday it favors keeping regulations that bar the major television networks from sharing in the profits of program reruns. William Baxter, assistant attorney general for antitrust, told a Senate subcommittee that the administration would support a two-year moratorium on any changes in Federal Communications Commission (FCC) rules.

Until now President Reagan, a former actor, had not taken a public position but was said privately to favor Hollywood producers opposing the networks. The producers claimed that letting the networks into the lucrative market of syndicating progtrams would give them excessive economic power. Current FCC rules prohibit the networks from selling the shows to independent stations as reruns, a practice known as syndication.

The FCC tentatively decided Aug. 4 the networks could enter the syndication market, valued at $800 million a year, but included restrictions to prevent anticompetitive actions.

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to News In Brief
Read this article in
https://www.csmonitor.com/1983/1104/110460.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us