ABC Evening News for Monday, Feb 07, 1983
View other clips in this broadcast →
Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(Studio) Report introduced
REPORTER: Max Robinson
(NYC) Decline in Warner Communications' economy status examined; corp.'s various holdings listed. Warner's acquisition of Atari and experience with the video product since then cited as example; drop in Warner stock recently outlined on screen, discussed. [Co-chief operating ofr. Emanuel GERARD - thinks stock market overreacted.] [Mkt. analyst Lee ISGUR - feels market reaction was justified.] Several Atari execs., include chairperson Raymond Kassar, noted selling Atari stock just prior to fall on market; details outlined on screen. Warner chairperson and chief exec. Steven Ross mentioned, shown. 3 former Warner execs. noted convicted of tax evasion, racketeering and fraud arising from case involving Westchester Theater; details given. Allegations of prosecutor Nathaniel Akerman that Ross was behind maneuvers noted. [ROSS - dismisses prosecutor's statements.]
REPORTER: Michael Connor
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.