Act Against Violence, to steer children away from acts of aggression and violence at young age, is new broadcast campaign backed by Ad Council, National Assn. for the Education of Young Children and American Psychological Assn. Sponsors said goal was to “change peoples’ behaviors and therefore the messages they send to children.” Created by volunteer agency Flashpoint Advertising, campaign includes radio and TV PSAs -- 1-877-ACT-WISE or Web site www.actagainstviolence.org.
Satellite Bcstg. & Communications Assn. (SBCA) finished 1999 $127,000 in red after donations dipped and expenses rose slightly, according to 1999 Form 990 tax returns. Total revenue was $5.1 million, down from $5.3 million in 1999, but expenses edged up to $5.3 million from $5.28 million. Membership dues dipped to $2.1 million from $2.2 million, but still were over $1.6 million in 1998. Revenue from annual convention was $1.87 million, Sky Trends $350,000, Sky Forum $325,000. Pres. Charles Hewitt received $422,311 in salary plus $50,000 in benefits.
FCC told Congress in report Tues. it wouldn’t make recommendations on specific measures to facilitate provision of local signals to subscribers in rural markets by direct-to-home (DTH) satellite and multichannel video programming operators because licensing process hadn’t been completed and it would be premature to make recommendations before licensing. Under requirement of Rural Local Broadcast Signal Act, Commission must inform Congress of ways its licensing and authorizations have helped provide local signals to satellite TV subscribers in remote areas.
Ohio Gov. Bob Taft (R) appointed Cleveland transit executive Clarence Rogers to PUC seat of Craig Glazer, who resigned; if confirmed, Rogers’ terms would end in 2006… Changes at Global Crossing: Co-COO David Walsh promoted to COO and co-COO Gary Cohen named COO, Global Crossing Solutions; Wally Dawson, CEO, Atlantic Crossing, appointed exec. vp-Global Network; Wim Huisman, CEO, Europe, retires, Carl Grivner, COO, N. America, assumes his duties; James Demitrieus, ex-pres., IXnet, named COO, N. America. Promoted to exec. vps: Daniel Cohrs, CFO; James Gorton, gen. counsel; John Comparin, human resources; Joseph Perrone, finance… Stephen Knup, ex-Coopers & Lybrand, named pres.-COO, Superior TeleCom… John DuBois, ex-Redback Networks, appointed CEO, Nx Networks… Nextel’s Richard Lefave elected to Mi8 board.
Rep. Tauzin’s (R-La.) selection as next chmn. of House Commerce Committee was all but official Tues., well-placed sources told us, after House Rules Committee released long-rumored proposal to create expanded Financial Services Committee. New panel is expected to be headed by Rep. Oxley (R-O.), Tauzin’s rival to succeed former Commerce Committee Chmn. Bliley (R-Va.). Full House will vote today (Wed.) on committee changes, and Republican leadership will choose committee heads Thurs.
Telemonde and Global Crossing renegotiated $52 million agreement over transatlantic capacity. In Dec. 29 SEC filing, Telemonde said it issued 5 million shares of convertible preferred stock at 1 cent par value to Global Crossing and agreed to purchase $8 million in services from company in next 5 years. In exchange, Global Crossing released Telemonde from outstanding commitment to buy almost $43 million of transatlantic capacity. Just under $12 million of Telemonde debt is rescheduled, at 7% interest, with final payment due Nov. 2002.
Capitol Bcstg.-backed AccessDTV said it was starting DTV-to- PC service at Consumer Electronics Show in Las Vegas this week. AccessDTV offers package of hardware, software and services to allow DTV to be displayed on PC monitors, including universal analog/digital tuner card, antenna to receive broadcast DTV signals, DTV video card, software including on-screen remote control, interactive program guide, personal video recorder-like functionality. Package allows PC (at least 300 MHz) to output DTV and AC-3 digital audio, company said. Pricing hasn’t been set, but it’s expected to be under $500 for one-time purchase, with option of smaller upfront fee combined with monthly subscription. DTV broadcaster Capitol is minority investor, with rest coming from what company called “techno-angels.” It’s currently raising additional financing. First hardware is expected to be in consumer hands by end of March and AccessDTV has deals with several unnamed suppliers. “Most people could tune DTV broadcasts today, but they simply don’t have the right equipment,” COO Doug Leech said: “AccessDTV enables PC users to experience… DTV interactively and affordably.”
AT&T followed lead of Cox in seeking waiver of franchise fees on cable-delivered Internet services, in letters to franchise authorities within jurisdiction of 9th U.S. Appeals Court, San Francisco. Waiver would be in effect until regulatory uncertainty about classification of service was resolved, MSO said. However, responding to requests from several local franchise authorities (LFAs) and National Assn. of Telecom Officers & Advisers, AT&T has extended time for cities to respond to its request to Feb. 15 from Jan. 1, 2001.
AT&T announced Tues. it had secured $25 billion syndicated bank credit line to provide liquidity against comparable level of short-term borrowing. It said it had no current plans to borrow against facility that’s to serve “principally as a backup source of liquidity.” Company in Oct. had announced plan to arrange credit line when it revealed its restructuring project. AT&T said it had more than enough offers -- 39 banks were willing to lend total of $40 billion. The 364-day credit line was arranged by Credit Suisse First Boston and Goldman, Sachs.
AT&T Broadband said Tues. it would increase cable rates average of 4.8% across nation this year, starting next month. AT&T said biggest portion of cable customers, 63%, would see 4.3% price increase on its main analog package, known as Standard Cable. Another 11% of subscribers whose channel lineups have expanded by 3 channels or more will see increases averaging 6.55%. Company said some of its systems will boost equipment and installation prices, starting in Feb. AT&T blamed rate boosts on its higher technical upgrade and customer service costs, citing 10% increase in programming fees, especially for sports programming. Consumers Union blasted move and called for reopening of Telecom Act to place new lid on cable rates or promote more competition. “It’s becoming more and more difficult to just accept the industry blaming programming costs every time it jacks up cable rates,” group said. “AT&T’s rate increase is the latest example of how the deregulation of cable television isn’t working.”