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STATIONS: Troubles for Independents

STATIONS: Troubles for Independents Continued from Page 4 $387,000 the syndicators say they are owed. Embassy Communications, producer Norman Lear's production and syndication firm, has also asked the FCC to bar Home Shopping's acquisition of WCLQ and WKJL in Baltimore because the stations have reneged on their obligations to Embassy. These are not the only syndicators worried about independents meeting their obligations. Charles Larsen, executive vice president of D. L. T'affner Ltd. in New York, says his company has received at least four times as many requests for relief this year as last. While the pressures have apparently not yet been fatal for any syndicator, Larsen predicts that defaults on such obligations may ruin some smaller firms that distribute only one or two programs and thus are more vulnerable. "There's never been a time before when people didn't come up with TECHNICAL PUBLICATION Tech Puts/training specialist. Min. 10 yrs. experience. Able to assume responsibility for structure content format and editing in an electronics cavironment. Must be able to Tech Pups & training proposal and be conversant with FAA, mil - Specs & stds. Please contact George Calafut at: 213/945-6491 what they owed," he said. "For the syndication business, that's a pretty big shock." Butcher & Singer's Hunt says that despite the industry's travail, many still burn with passion to buy independent stations. "Amazing as it sounds, I still hear people say, 'I've got this incredible prospect,' he says. PURCHASE OR REFINANCE 0/ FIXED 15-YEAR
Article from 23 Nov 1986The Los Angeles Times(Los Angeles, CA)
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