To: 2MAR$ who wrote (1174 ) 7/28/1999 12:05:00 PM From: Jacalyn Deaner Read Replies (2) | Respond to of 2118
Hi, I don't know if everyone saw this article dtd July 20, 1999, copied from RB today: Desert Sun article, July 20th, Business Section Palm Springs TV studio back on air with new shows By Peter Fullam The Desert Sun PALM SPRINGS The local television studio where the Morton Downey TV talk show was staged is back in business. And one of the first broadcasts planned for the former Sun studios will offer items worn by Hollywood star Ginger Rogers on which viewers can bid. "We think this is exciting because it brings new viability to Palm Springs productions", said Dick Weiner, executive vice president of Triangle Broadcasting Co. and Palm Springs Studio Television Inc. Weiner said the companies plan to acquire low-power television station KPSP-TV and originate two new programs from the studio. AuctionsTelevision will be an interactive program that allows viewers to bid on items being auctioned; BingoTelevision lets viewers play bingo. KPSP currently broadcasts the Bloomberg financial report in the Coachella Valley. The station is owned by JB Broadcasting, Torrance, which also owns KDPX-TV, Palm Springs, a PAX-TV affiliate. Trangle's agreement to purchase KPSP from JB must be approved by the Federal Communications Commission. The companies did not disclose the purchase price for the television studio or the station. Weiner estimated the value of the studio, at Avenida Caballeros and Tahquitz Canyon Way, at $4 million to $6 million. The studios were purchased from bankruptcy. KPSP will continue to provide the valley with Bloomberg Television financial news, Weiner said. Trangle Radio Network's gay and lesbian-formatted radio shows also have been moved to the studio. The shows, which are not broadcast locally, are carried in the Seattle market. AuctionsTelevision's first broadcast will be August 14. BingoTelevision broadcasts will begin Sept. 27. The programs will also be carried on the Internet. bingo cards will be available at grocery and fast-food outlets and on the Internet. Triangle is a publicly traded company that was founded two years ago by Frank Olsen, president of the company and a former radio-broadcast personality in the Seattle radio market. Since I didn't know how to copy and paste this I typed it word for word from the e-mail. BoardM