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      November 14, 2000:

-Ed Gets Moved A Couple Lanes Up

11/14/2000 - By Steve Mermelstein
      According to an article in Variety, as part of a lineup shuffle NBC will soon move Ed from Sundays to Wednesdays at 8 p.m.

      While Ed has been the sweetheart of critics lately, it hasn't been doing as well in the ratings game as NBC would like. By moving the show to Wednesday, it will lead into the network's most acclaimed drama, The West Wing.

      Despite the sagging ratings, Tom Cavanagh's character Ed is a critical favorite of NBC and they don't seem ready to abandon the show yet. "Ed is one of the season's brightest freshman hits, both from a critical and ratings standpoint," NBC Entertainment President Garth Ancier told Variety.

      Removing Ed from Sunday nights also prevents the comedy from being effected by NBA games, which could threaten it as the season gets into full swing.

      Ed debuted in October with a strong 6.8 Nielsen rating in the coveted adults 18-49 demographic, but that rating had fallen to a 4 by its fifth episode, on Nov. 5. The show has averaged a 5.2 rating in the demographic better than the 5 rating that Third Watch had averaged in the same Sunday night slot last year.

      Like it did with Ed, NBC moved Third Watch off Sunday nights after it, too, showed early promise but then experienced declines. Third Watch has emerged as a strong performer for NBC on Monday nights.


-AMF Announces 3rd Quarter Results; Evaluates Possibility Of Chapter 11 Reorganization

11/14/2000 - By Steve Mermelstein
      AMF reported its 3rd Quarter Financial Results today. They showed "consolidated" sales of $162.1 million for the third quarter of 2000 and "consolidated" sales of $532.3 million for the first nine months of 2000.

      Sales for the quarter declined by approximately 11% and 2.6% for the nine-month period. Net loss for the quarter was $57.1 million and for the nine month period was $118.9 million. These figures compared with losses of $109.5 million and $182.3 million for the respective comparable periods in 1999. According to the company most of the decline in sales occurred in Asia and a lesser amount was accounted for in a decline in consumer product sales.

      The company is in the process of trying to restructure its debt with its lenders and on September 15, 2000, AMF defaulted on its Senior Subordinated Notes, as it did not make the required payments. According to the Company, it realizes that this debt could be accelerated prior to the completion of the restructuring of the debt. The Company has retained a financial advisor in order to help it evaluate other possible alternatives, which also include the possibility of Chapter 11 reorganization.


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