[3] Siegel was moved from Grey Advertising's president in order to become head of Lexington Broadcast Services Company.

[5] In December 1982, it entered into a partnership with Columbia Pictures Television to bring the ABC drama Family to off-net syndication starting in September 1983, with LBS handling distribution under license from Columbia Pictures Television, which was sold onto a barter basis.

The company was also known for handling Elia Kazan's films that he directed from 1945 to 1976, and syndicating selected Bob Hope-produced movies that reverted to him after their initial release.

He had plans for advertising with Paramount Domestic Television and Coca-Cola Telecommunications, but the company then found itself in the cold, and the alternatives failed to materialize due to a management buyout of the company from Grey Advertising by Marvin Davis, who was a former employee of the 20th Century-Fox film studio.

As a result, the company ended up having to sell between 80 and 85 percent of its assets to its Baywatch distributor partner, the Scotti Brothers' All American Television.