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About The Battalion. (College Station, Tex.) 1893-current | View Entire Issue (Oct. 13, 1983)
Thursday, October 13, 1983/The Battalion/Page 7 Turner buys ews channels I’ United Press International I ATLANTA — Ted Turner announced Wednesday he ias purchased Satellite News ihannels for $25 million, eli- ainating all competition for is Cable News Network leadline service. ! The Atlanta cable pioneer aid in a statement that offi- ials of ABC video Enterprises nd Westinghouse Broadcast- jJing and Cable Inc. have ] ( Rg re ed to sell their interest in atellite News for $12.5 mil- jon each in cash. CNN and atellite News also agreed to drop lawsuits filed against Bach other. | It had been rumored for the past couple of weeks that an agreement on the purchase of Satellite News was near. The rumors spurred a $90 jmillion increase in the value of Turner’s stock in late Sep tember. I Both Satellite News and ENN have been losing money. Turner’s headline news lost $10.5 million in 1982 and is expected to lose about $10 million this year. Satellite News, based in Stamford, Eonn., was expected to lose about $50 million. Officials said the purchase leaves “several hundred” Satellite News employees out of work, but said efforts would be made to find the workers jobs in ABC or Westing- house’s broadcast operations. The agreement means Turner will pick up 7.5 mil lion subscribers to his CNN headline service, which was a spinoff from his Cable News Network. Turner’s headline service currently serves 4.7 million households. The agreement calls for Satellite News to shut down operations, leaving Turner alone in the cable industry with his headline news service and his Cable News Network. CNN officials said the purch ase does not mean the agency plans to expand its headline service. Both CNN headlines and Satellite News Channels offer fast-paced formats that give only a brief summary of the top news stories. Turner’s Cable News Network is a full- service news presentation that also includes weather, sports and interviews. Eastern attendants avert strike United Press International MIAMI — Eastern Airlines and its unionized flight atten dants agreed on a new contract Wednesday 18 hours before a threatened strike that could have forced the financially trou bled carrier into bankruptcy. Terms of the pact were not formally announced, but Mark Hunziker, 29, coordinator of the union’s information center, said the flight attendants won a 16.5 percent raise for 1983 re troactive to Jan. 1, 1983 — plus a 6 percent raise for 1984. The flight attendants, who had worked without a contract for 19 months, had wanted a re troactive raise for 1982 but did not get it, he said. “We also won on the Latin American routes and to us, that’s job security,” he said. When Eastern took over Bra- niffs Latin routes last year, it agreed to hire Latin American attendants on those flights, but the new pact reportedly calls for union members to take one- third of those slots. Eastern has also agreed to pay $3,000 to each of 200 union members who had bid on the Latin American routes but were prevented from getting the assignments by the Braniff- Eastern agreement, Hunziker said. Patricia Fink, head of the Eastern branch of the Transport Workers Union, said she was “optimistic” the union’s 5,800 flight attendants would accept the pact and formally end the 19-month contract dispute. “It isn’t everything that we wanted but under the circumst ances, it is a battle best left for another day,” she said. “The contract . is colored by our blood, sweat and tears, but by God, we’ve got a settlement.” Eastern Chairman Frank Borman said he was “thrilled” a pact had been reached to avert a strike that could have grounded the carrier’s jets. “We are extremely happy that the company and the flight attendants have reached a tenta tive agreement,” Borman said. “I think the settlement made here, coupled with what we have going forward, will insure the stability of Eastern Airlines.” Both union and airline offi cials said the agreement puts at least a temporary end to the cri sis at Eastern that began 2 Vs weeks ago and threatened the survival of the 55-year-old car rier. Eastern’s financial troubles are not new, but Borman said it had reached a crisis point. Since 1979, when it made a net profit of $57.6 million, the largest air line in America has lost more than $300 million. House collapses, kills 1, injures 3 United Press International AUSTIN — A house under construction collapsed Wednes day, killing one worker and in juring three others. An Austin Fire Department spokesman said high winds were reported in the area and may have contributed to the collapse. “With this wind, it could have just blown it right over,” the spokesman said. The unidentified dead man was pronounced dead on arrival at Brackenridge Hospital, de partment spokeswoman Debbie Brown said. “Framing material and the floor is what fell on him,” she said. “We don’t know where he was in the house because when the floor collapsed, the house slid a little bit down the hill.” The names of the three in jured workers were not re leased. OFF CAMPUS AGGIES BONFIRE KEEP TRADITION GOING! CUTTING WEEKEND — OCT. 15 & 16 MEET BEHIND DUNCAN BRING VOUR AXE, VOUR DINING HALL AT 8:30am LUNCH AND VOUR FRIENDS. SATURDAY AND SUNDAY KE G PARTY SAT. NIGHT FOR MORE INFORMATION CALL MIKE GOLLADAY 696-0471 ALL AGGIES WELCOME JUU ■ _ . -Searchers get lead ;on lost Texas pilot United Press International ^■CHEYENNE — The Wyom- i jngCivil Air Patrol said Wednes- 'iiaday it had a new lead in the I* isearch for an Odessa pilot mis- |ng since Saturday on a flight from Buffalo to Midland. is« Wyoming CAP Lt. Brian glBsen said friends of Richard daimse; 57, contacted the patrol m#nd said Kruse had mentioned D' before he left Buffalo Saturday ■at he wanted to view a scenic ■nyon near Powder River Pass from the air. found no sign of Kruse in the four-day search. Kruse, who worked for a drilling company, was last seen Saturday, departing from Buf falo in his single-engine Piper Dakota. He was the only person aboard. the CAP to search southeastern Wyoming and northeastern Col orado. Colorado CAP spokesman Steve Blucher said searchers did spot wreckage south of Pueblo, but it determined that plane “had been there a long time.” Olsen said the lack of an emergency locator transmission from the plane is baffling con sidering the state of the technol ogy used in the transmitters. Olsen said several planes Ire dispatched to search the pa Wednesday.Searchers have Bad weather had hampered the search Tuesday, but skies cleared Wednesday, allowing The search for Kruse has also been expanded to New Mexico and Texas and into Nebraska and Oklahoma on the theory Kruse, a “relatively experi enced” pilot, may have flown east of his supposed flight route to avoid bad weather Saturday, Olsen said. Attention: Do you know about PR? All organizations and individuals interested in learning how to promote their ideas, programs and activities more effectively plan to attend the 2nd Annual Publicity Pays Off October 22,10 a.m.-3:30 p.m., sponsored by Women in Communications, Inc. You have everything to gain from well planned campaigns. For more information contact: Sandra Utt, 845-4667 (Department of Communications) or Kim Schmidt, 260-0056 (evenings). GRAND REOPENING SALE 30% to 50% OFF EVERYTHING IN STOCKS! 3 ait I P'S^ 1 SALE ENDS OCT. 31, 1983 WATCHES hy: •BULOVA • PULSAR •LORUS REGISTER FOR l A Carat Diamond- Giveaway! No purchase necessary. 50% OFF All 14 Carat gold chains Look for our colored diamonds plus: ooo noo 00 yiJ ^ ^ Inventory arrives Saturday for one day only. A sales rep with well-known manufacturer Art Craft from Michigan will be here with the BEST selection and PRICES on Jewelry. in Bryan - College Station at POTTS JEWELRY 207 IM- IN BRYAN 822-5921