Hearst acquires stake in KidSoft

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Hearst Corp. acquired a 29% equity stake in KidSoft, a leading distributor of educational software for children. Terms of the deal were not disclosed. KidSoft distributes software through its Club KidSoft quarterly CD-ROM and magazine. "We believe KidSoft will become the premier brand for the electronic delivery of software for children," said Hearst New Media & Technology President Alfred Sikes.

schedule
NBC unveiled its 1995-96 prime-time schedule today, including six new comedies and a new drama. The peacock network left Monday and Friday intact and moved Sunday night sci-fi series "seaQuest DSV" to Wednesday at 8 p.m. (ET). On Tuesday, NBC is leaving its current schedule, including newcomer "NewsRadio," in place, except for the addition of new comedy "Pursuit of Happiness" at 9:30 p.m. On Thursday, two strong contenders and virtually guaranteed hits will sandwich 9 p.m. powerhouse "Seinfeld": 8:30 comedy "The Single Guy" and a 9:30 comedy starring Leah Thompson called "Caroline in the City," which leads into "ER."

NBC will start Saturday nights with the one-hour legal/military drama "JAG," followed by "The John Larroquette Show" and by new comedy "The Home Court." Sunday undergoes the most change, with only "NBC Sunday Night at the Movies" untouched. At 7 p.m., half-hour comedy "Brotherly Love" leads into half-hour comedy "Minor Adjustments," which in turn leads into two NBC veterans, "Mad About You" and "Hope & Gloria."

Separately, NBC announced the formation of new joint-venture production company with hit producer/director James Burrows, creator of "Frasier," "Friends," "Cheers," "Taxi," "Night Court" and other series. NBC Entertainment President Warren Littlefield also announced a special one-hour telecast of sophomore powerhouse "Friends" would lead out of NBC's telecast of Super Bowl XXX in January.

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