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Paley Center May Create Awards To Rival Emmys

The Paley Center for Media is exploring the possibility of creating its own awards show that could compete with Emmy Awards. Overseeing the planning committee for the awards are Steve Mosko, president of Sony Pictures Television, and Tony Vinciquerra, chairman and CEO of the Fox Networks Group.

Key for the Paley Center will be finding a network willing to help foot the bill for a telecast. The Emmy Awards rotates among the four broadcast networks. The Academy of Television Arts & Sciences had no immediate comment in response to the Paley Center's announcement. For the Paley Center, getting an awards show off the ground might be a way to create a much-needed new revenue stream.

Read the whole story at Los Angeles Times »

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