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  September 5, 2001
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Home > Company Index > Media > TV Broadcasting > Paxson Communications Corporation

Paxson Communications Corporation
AMEX: PAX
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 NEWS FROM THE STANDARD
Rethinking Spectrum Mania
Aug 21 2000 12:00 AM PDT

Digital Squatters Won't Budge From Spectrum
May 29 2000 12:00 AM PDT

 PROFILE
Paxson Communications hopes its "feel-good" TV network will be the answer to its prayers. The company is using its more than 120 TV stations (65 company-owned and 60 independently-owned affiliates, including pending transactions) across the US to bolster its network, PAX TV, which broadcasts family-oriented programs. PAX TV's offerings include syndicated reruns of popular network shows such as "Touched By An Angel" and "Diagnosis Murder;" original programs; and rebroadcasts of some NBC shows (NBC owns nearly one-third of the company). The company broadcasts PAX TV in about 80% of US households. Chairman Lowell "Bud" Paxson, a home shopping pioneer, owns 51% of the company and controls about 72% of the votes.

 COMPETITION
Fox Entertainment Group, Inc. (FOX)
Sinclair Broadcast Group, Inc. (SBGI)
Viacom Inc. (VIA)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 271.90
1-Yr. Sales Growth: 9.5%
Employees: 929
Revenue per employee: $292,680.30

 KEY PEOPLE
• Jeff Sagansky
    CEO
• Thomas E. Severson
    CFO

 CONTACT INFO
601 Clearwater Park Rd.
West Palm Beach, FL 33401
US
Phone: 561-659-4122
Fax: 561-659-4252
Online: Web Site

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