×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

Stringer quits Tele-TV

Published on .

Howard Stringer resigned Friday as chairman of Tele-TV amid rumors that he is negotiating a top strategic post at Sony Corp. of America. The high-profile former CBS president could be a key to Sony taking its U.S.-based operations public within a year. Mr. Stringer and Sony declined comment. Mr. Stringer also is considering an offer to head independent Channel 4 in his native Britain. Meanwhile, Tele-TV on Friday laid off another round of employees, leaving its employee count at just over 100. Despite its estimated $300 million to $500 million investment, Bell Atlantic, Pacific Telesis and NYNEX appear to be headed toward folding their TV venture.

Copyright April 1997, Crain Communications Inc.

In this article:
Most Popular