Apr
01
1994

Victor Neufeld's Anti-Environmental Spin Continues

Extra! Update June 1994

Victor Neufeld, 20/20's executive producer, whose wife is a PR agent who has represented the nuclear, chemical and plastics industries, has continued to steer the show away from environmental stories. In an Extra! expose (1-2/94), 20/20 staffers and ex-staffers told of Neufeld squelching stories critical of the nuclear industry and putting a spin on environmental stories that minimized or denied environmental concerns. ABC reacted to the Extra! article by "circling the wagons" around Neufeld, a 20/20 source said. As for Neufeld's posture on environmental stories, "It's the same thing--and worse." Indeed, Neufeld, along with John Stossel, the correspondent who has […]

Mar
01
1990

Capital Cities/ABC

No. 2, and Trying Harder

Thomas Murphy

In 1985, Capital Cities, a company with interests in TV, radio and publishing, spent $3.4 billion to take over the American Broadcasting Co., a company four times its size. At the time, ABC employees feared their new parent’s tight fists and sharp eyes. Cap Cities management has certainly lived up to its advance billing; the acquisition, which looked a little grandiose in 1985, effectively paid for itself in four years. Cap Cities/ABC is a diversified media conglomerate with little debt and $1.1 billion in the bank. just tinder 80 percent of 1989 sales (which totaled $4.96 billion), and 86 percent […]