Weather Channel May Be Sold

Landmark Communications, a Norfolk, VA-based company is family owned. They are exploring the sale of the company's businesses, including the Weather Channel and nine daily newspapers. Frank Batten, Jr., Landmark's chairman and CEO, said in a statement that the privately held company has retained JPMorgan and Lehman Brothers to help it look into possible sale scenerios. They said at this early state they could not speculate on where this process would lead. Batten, whose father helped build the company after taking over as publisher of the local newspaper in l954 was the spokesman.