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" The 41-year-old has also appeared in Broadway musicals including "Into the Woods The couple have been married for five years and have a 4-year-old daughter, Sasha, Fox's spokeswoman, Staci Wolfe, said Tuesday "They are both extremely devoted parents, so the most important thing to them right now is the welfare of their child," Wolfe said "They are committed to working out what's best for her Williams has three children from her first marriage, and Fox has a son from a previous relationship Rick Fox Files for Divorce From Williams Aug 10, 5:04 PM EST Former Los Angeles Laker Rick Fox has filed for divorce from singer-actress Vanessa Williams " She won the Miss America pageant in 1984, but was forced to resign after nude pictures of her appeared in Penthouse magazine The two had been separated The 35-year-old may retire because of nagging injuries rather than play in Boston, according to Celtics director of basketball operations Danny Ainge " Wolfe declined further comment Her film credits include 2000's "Shaft," 1997's "Soul Food" and this year's "Johnson Family Vacation Williams' publicist, Brad Cafarelli, declined comment Fox, who played with the Lakers for seven years, was traded last week to the Boston Celtics The deal brings together television's top-rated network among the 18-49 age group, which advertisers try hardest to reach; a major movie studio; a television production studio; a handful of cable TV channels including USA, Sci-Fi, CNBC and Bravo; and a group of 29 television stations Vivendi still owns the Universal Music Group, the world's largest music company "They all buy and sell to each other Vivendi is also getting $3 , NBC's parent company Wright will also continue as vice chairman of General Electric Co Now that it has one, NBC is not only assured of more future shows in the pipeline but it will also have more bargaining power in negotiating for shows of its own Ron Meyer, the head of Universal Studios, will remain at the company as head of the Hollywood studio as well as its associated theme parks Before the deal, NBC had been the only major television network that wasn't part of a larger media conglomerate with its own major production studio 4 billion in cash in the deal, and GE is assuming $1 Bernstein and a former NBC executive NBC's been on top for a long time, but if it goes into the pits like ABC did, it will still have product The company would have had about $13 billion in revenues had it been combined last year, well behind Time Warner, which had $40 billion in revenues last year The new company, to be known as NBC Universal, will be led mainly by NBC executives including Bob Wright, the NBC chairman who will become its chairman and CEO NBC Closes Merger With Universal <EM>By Seth Sutel AP Business Writer</EM> NBC completed its deal to merge with the Universal entertainment businesses Wednesday, creating a new media conglomerate that will take its place alongside giants such as Time Warner Inc "They all have mutually assured destruction," says Tom Wolzien, a media analyst with Sanford C Vivendi Universal had been looking to unload the Universal entertainment businesses as a way to pay down debt and streamline its structure, undoing an acquisition spree by ousted chief executive Jean-Marie Messier that nearly left the company bankrupt and Viacom Inc " GE will own 80 percent of NBC Universal, while the French media and telecommunications conglomerate Vivendi Universal will own the remaining 20 percent 7 billion in debt from Vivendi However, as a unit of the massive GE, NBC Universal will have an extremely powerful corporate parent Wright said the combination presented a "tremendous growth opportunity for our viewers, advertisers, employees, and GE shareowners " While not as diverse or large as some of the other major conglomerates, NBC Universal will own several top-quality properties, not least of which is the powerful "Law & Order" franchise, a cash cow for NBC which is produced by Universal's television arm |
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