NBC and Roger Ailes apparently have come to terms. Mr. Ailes, president of NBC's CNBC and America's Talking cable networks, and NBC have been locked in an intense and often public contract negotiation, with Mr. Ailes threatening to leave if NBC did not enrich his deal. Wednesday, NBC announced a "renewed and strengthened commitment to CNBC on a worldwide basis" and "a new agreement with Roger Ailes ... as a key part of that effort." NBC said it has formed a worldwide CNBC Coordinating Council, which will report to Mr. Ailes.
Copyright July 1995 Crain Communications Inc.