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Article: NEW WORLD COMMUNICATIONS GROUP CONSOLIDATES BROADCAST OPERATIONS

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PR Newswire
Article date:
January 17, 1996
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ATLANTA, Jan. 17 /PRNewswire/ -- New World Communications Group Incorporated (Nasdaq: NWCG) announced today that it is combining the operations of its television broadcast units and its advertising sales and marketing subsidiary within a newly formed division to be known as New World Broadcast Group. The consolidation of the television stations with their advertising sales arm enables the Company to place overall responsibility for all aspects of its broadcast operations within a single commonly managed business unit.

New World Broadcast Group will be headed by Farrell Reynolds, who will serve as its Chief Executive Officer. Mr. Reynolds has spent over 20 years in ...

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