[4] It is reported that Robert Rosenbaum was named vice president of production at the Lorimar Television unit.

Lorimar-Telepictures also held ownership interests in several television stations via predecessor Telepictures, mostly based in smaller markets and Puerto Rico.

[9] On May 21, 1986, Lorimar-Telepictures agreed to purchase from private equity firm KKR WTVJ (channel 4) in Miami, along with Storer Communications stations WAGA-TV in Atlanta, WITI in Milwaukee, WJBK in Detroit, WJW-TV in Cleveland, WSBK-TV in Boston and KCST in San Diego, in a $1.85 billion group deal.

[11] Also included was Storer's program production company, advertising sales division and Washington news bureau.

[15] Other financial market analysts argued that Lorimar grossly overpaid for WTVJ, as the $405 million price was nearly 21 times WTVJ's cash flow (typical station purchase prices were 10 to 14 times cash flow)[16] and made it difficult to cover interest serviced on $2 billion in high-yield bonds.