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** ABC News ' chief Middle East correspondent Charles Glass escapes his Hezbollah kidnappers in Beirut, Lebanon, after 62 days in captivity.
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** and ABC
** In the U. S., the Walt Disney anthology television series, renamed Walt Disney's Wonderful World of Color, moves from ABC to NBC after seven years on the air, and begins telecasting its programs in color for the first time.
** Bewitched starring Elizabeth Montgomery and Dick Sargent aired its final episode, " The Truth, Nothing but the Truth, So Help Me Sam " on ABC.
** Monday Night Football debuts on ABC ; the Cleveland Browns defeat the New York Jets 31-21 in front of more than 85, 000 fans at Cleveland Stadium.
** The thirteenth annual New Year's Rockin ' Eve special airs on ABC, with appearances by Jermaine Jackson, Ronnie Milsap, Night Ranger, Scandal, John Waite and Barry Manilow.
** and News
** The television industry is mostly an oligopoly of seven companies: The Walt Disney Company, CBS Corporation, Viacom, Comcast, Hearst Corporation, Time Warner, and News Corporation.
** A song by Huey Lewis and the News called " Back in Time " features the line " Is this the ' 50s, or 1999?
** Australian media baron Rupert Murdoch purchases the largest selling British Sunday newspaper, The News of the World.
** An unexpected storm buries Maine under five feet of snow, forcing the Bangor Daily News to miss a publication date for the only time in history.
** News Corporation completes its acquisition of the Metromedia group of companies, thereby launching the Fox Broadcasting Company.
** Wired News ( formerly HotWired ), a website which publishes technology blogs and includes parts of the magazine
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