Robertson Bid for Nostalgia Extended

Religious broadcaster Pat Robertson’s bid to acquire the Nostalgia Network keeps getting murkier.

International Family Entertainment, controlled by Robertson and his son, Tim, on Wednesday said that about 5.7 million shares of common stock--or more than 25%--had been tendered as part of an offer of $2 a share--or $40 million--for the company’s common stock. The Robertson group announced Thursday that it is extending its bid until Jan. 5, and has said it may raise its offer.

But Nostalgia, a cable television channel that appeals to people 45 and older, continues to resist. This week, it advised shareholders not to tender their shares, and it has raised questions about price and conditions of the Robertson offer.

A group linked publicly to the Rev. Sun Myung Moon has also indicated it wants to gain control of the channel, but what it will do remains unclear.

Allison Jackson has been named vice president of special projects for the marketing division of Paramount Pictures’ motion picture group.

David Hill was named president of Fox Sports.

Hill will oversee Fox Broadcasting Co.’s sports coverage, including future broadcasts of National Football Conference games. Fox recently won the right to broadcast the games in an major network bidding battle.

Douglas Stefan Borghi has been named head of production for North Hollywood-based Revenge Pictures.

Film distributor Savoy Pictures has hired Hilarie Roope as vice president of post production and Steve Price to be director of post-production quality control.