TECHNOLOGY & TELECOMMUNICATION
Times Staff and Wire Reports
FCC Approves New York License Sale: The Federal Communications Commission said OK to the city’s $207-million sale of its commercial license for public television station WNYC to ITT Corp. and Dow Jones & Co. The approval clears the way for the companies to launch a news superstation, which will include financial information and offer more exposure for sports and entertainment events produced at ITT’s Madison Square Garden arena in New York and Caesars World casinos.
Sign up for Essential California
The most important California stories and recommendations in your inbox every morning.
You may occasionally receive promotional content from the Los Angeles Times.
