Newspaper article The Florida Times Union

Morning Briefs

Newspaper article The Florida Times Union

Morning Briefs

Article excerpt

FCC FINES CLEAR CHANNEL OVER CONTEST MISTAKE

The Federal Communications Commission last week assessed a $4,000 fine to Clear Channel Communications Inc. because of a contest run last year by one of Clear Channel's Jacksonville television stations, WAWS TV-30.

The FCC said in its order that it received a complaint from a viewer alleging improprieties in a contest in which WAWS gave away a Dodge automobile. It said Clear Channel did not follow the rules it had announced in awarding the car and other prizes. Because of complaints about that contest drawing last June, WAWS held a second drawing in August and gave away a second car.

"Although Clear Channel apparently violated our rules, it took reasonably prompt remedial action prior to learning of our investigation," the FCC said. So it proposed the $4,000 fine, which is the smallest fine it can assess for "contest-related misconduct."

WAWS General Manager Susan Adams Loyd said station employees did "inadvertently" misapply the contest rules at the first drawing, and the station took steps to correct it and cooperated with the FCC.

"We were very upfront with them about the contest matter," she said.

Mark Basch/The Times-Union

AMERIPRISE SPINOFF HURT AMERICAN EXPRESS PROFITS

American Express Co., which specializes in travel services and credit cards, said Monday that its net profit fell in the first quarter, reflecting the spinoff last year of its Ameriprise Financial Inc. advisory unit.

Excluding Ameriprise, however, earnings were up sharply on strength in both domestic and foreign card operations.

Net income in the January-March period was $873, or 69 cents a share, down from $946 million, or 75 cents a share, a year earlier.

Revenue for New York-based American Express for the quarter was $6.33 billion, up 12 percent from $5. …

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