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@Regrann from @tattle.tailzz - In 1991 "The Cosby Show " was the most profitable show in the history of television, generating about $730 million in RERUN revenue. NBC, which last year paid a record amount to renew "The Cosby Show" for a seventh season, has reached an agreement to renew the series for an eighth year but at a lower licensing fee than it currently paid. Excerpts below are from the attached 1992 NYTimes article titled, "THE MEDIA BUSINESS; Bill Cosby Trying to Buy NBC From G.E." BillCosby, NBC's biggest star of the 80's, is trying to buy the television network from its current owner, the General Electric Company. Bill Cosby, NBC's biggest star of the 80's, is trying to buy the television network from its current owner, the General Electric Company. Norman Brokaw, the chief executive of the William Morris Agency and Mr. Cosby's personal agent for 30 years, confirmed yesterday that he had discussed Mr. Cosby's intention to make an offer for NBC with Robert C. Wright, the network's president. For more than two years, NBC has been the subject of continuing rumors that it is for sale. Mr. Brokaw said he flew into New York last week expressly to meet with Mr. Wright. "I told him Bill is definitely interested in buying NBC, and Mr. Wright eventually said that NBC is not for sale." Mr. Brokaw characterized Mr. Cosby's interest in buying the network in personal terms. "Bill has very warm feelings about NBC." The show is approaching $1 billion in syndication. Cosby had the most financially successful show of all time there in the 1980's." He said Mr. Cosby was interested in making quality television shows and that he would surround himself with "good people" to handle all the details of running a network. In 1992 Mr. Cosby's personal wealth has been estimated at $300 million. The entertainer owns a substantial amount of "The Cosby Show," his longtime comedy hit, which was produced by the Carsey-Werner Company and ended an eight-year run on NBC last spring. blackhistoryeveryday blackhistorymonth: THE MEDABUSINESS THE MEDIA BUSINESS, Bill Cosby Trying to Buy NBC From G.E. By BILL CARTER Published: October 2 1992 Bill Cosby, NBC's biggest star of the 8o's, is TWITTER: trying to buy the television network from N GooGLE its current owner, the General Electric E EMAIL Company. PRINT Norman Brokaw, the chief executive of the RERNTs William Morris Agency and Mr. Cosby's personal agent for 30 years, confirmed yesterday that he had discussed Mr. Cosby's intention to make an offer for NBC with Robert C. Wright, the network's president. Mr. Brokaw said he flew into New York last week expressly to meet with Mr. Wright. "I told him Bill is definitely interested in buying NBC, and Mr. Wright eventually said that NBC is not for sale. For more than two years, NBC has been the subject of continuing rumors that it is for sale, especially since its ratings have gone into a steep decline. Mr. Brokaw said he and Mr. Cosby had decided "to fully pursue a deal" for NBC. He added that Mr. Cosby had met with his lawyer, Herbert H. Chaice, to discuss the details of the possible purchase. Mr. Chaice, of the Manhattan firm of Patterson, Belknap, Webb & Tyler, said he had talked with investment houses about Mr. Cosby's becoming what he called "one of a number of principals" in such a purchase. "It's not likely that Bill will do the whole thing @Regrann from @tattle.tailzz - In 1991 "The Cosby Show " was the most profitable show in the history of television, generating about $730 million in RERUN revenue. NBC, which last year paid a record amount to renew "The Cosby Show" for a seventh season, has reached an agreement to renew the series for an eighth year but at a lower licensing fee than it currently paid. Excerpts below are from the attached 1992 NYTimes article titled, "THE MEDIA BUSINESS; Bill Cosby Trying to Buy NBC From G.E." BillCosby, NBC's biggest star of the 80's, is trying to buy the television network from its current owner, the General Electric Company. Bill Cosby, NBC's biggest star of the 80's, is trying to buy the television network from its current owner, the General Electric Company. Norman Brokaw, the chief executive of the William Morris Agency and Mr. Cosby's personal agent for 30 years, confirmed yesterday that he had discussed Mr. Cosby's intention to make an offer for NBC with Robert C. Wright, the network's president. For more than two years, NBC has been the subject of continuing rumors that it is for sale. Mr. Brokaw said he flew into New York last week expressly to meet with Mr. Wright. "I told him Bill is definitely interested in buying NBC, and Mr. Wright eventually said that NBC is not for sale." Mr. Brokaw characterized Mr. Cosby's interest in buying the network in personal terms. "Bill has very warm feelings about NBC." The show is approaching $1 billion in syndication. Cosby had the most financially successful show of all time there in the 1980's." He said Mr. Cosby was interested in making quality television shows and that he would surround himself with "good people" to handle all the details of running a network. In 1992 Mr. Cosby's personal wealth has been estimated at $300 million. The entertainer owns a substantial amount of "The Cosby Show," his longtime comedy hit, which was produced by the Carsey-Werner Company and ended an eight-year run on NBC last spring. blackhistoryeveryday blackhistorymonth

@Regrann from @tattle.tailzz - In 1991 "The Cosby Show " was the most profitable show in the history of television, generating about $730...

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