Entertainment News for Spring 1969
In a shocking turn of events, Walt Disney, Sr. announces the creation of a new division of his entertainment empire. Hyperion Pictures will be headed by Walt, Jr. and will specialize in content containing mature themes and other elements that would otherwise be out of step with the family friendly Disney core brand.
- The Hollywood Reporter
MGM shareholders vote to reject Kirk Kerkorian's proposed purchase of the studio.
- The LA Times
Desilu rumored to be interested in purchasing DC Comics.
- The New York Times
Westinghouse and Metromedia formally submit their joint proposal for a fourth or possibly fifth television network to the FCC.
- The Washington Post
After failing to acquire ABC, Howard Hughes acquires a majority stake of Sports Network, Inc with plans to rename it Hughes Television Network.
- The New York Times
- The Hollywood Reporter
MGM shareholders vote to reject Kirk Kerkorian's proposed purchase of the studio.
- The LA Times
Desilu rumored to be interested in purchasing DC Comics.
- The New York Times
Westinghouse and Metromedia formally submit their joint proposal for a fourth or possibly fifth television network to the FCC.
- The Washington Post
After failing to acquire ABC, Howard Hughes acquires a majority stake of Sports Network, Inc with plans to rename it Hughes Television Network.
- The New York Times