Loral Skynet renews digital satellite news gathering agreement with American Broadcasting Companies, Inc.

0 Comments | M2 Presswire, January, 2002

M2 PRESSWIRE-17 January 2002-LORAL SKYNET: Loral Skynet renews digital satellite news gathering agreement with American Broadcasting Companies, Inc. (C)1994-2002 M2 COMMUNICATIONS LTD RDATE:17012002 BEDMINSTER, NJ -- Loral Skynet, a subsidiary of Loral Space & Communications (NYSE:LOR), today announced that it has signed a long-term renewal agreement with American Broadcasting Companies, Inc.

(ABC) to deliver its digital satellite news gathering (SNG) on Skynet's Telstar 4 satellite. "The long partnership between Loral Skynet and ABC has helped to pioneer the SNG effort throughout the industry," said Terry Hart, president of Loral Skynet. "We are pleased that ABC is extending its relationship with us and look forward to jointly developing further...