The television group posted a 5 percent increase in revenue, to $1.88 billion, while operating income jumped 19 percent, to $362 million.
Clear Channel also said yesterday that it would sell 448 out of its 1,150 stations as well as its 42-station television group.
Traditional westerns died out in the late 1960s as a result of network changes in demographic targeting along with pressure from parental television groups.
Northern & Shell is a British publishing and television group.
He controls the Kibris newspaper and television group and exercises notable political influence.
In her new job, which starts on Jan. 22, she will buy, develop and create properties for the motion picture and television groups.
The television group, it added, "is welcome to conduct its own million-dollar study to seek a more precise answer."
He estimated that the selling price was 15 times the annual operating cash flow of the television group.
Times Mirror's television group had operating profits of $29.9 million on revenue of $107.9 million in 1992.
The Soviet television group is working in two modest trailers in downtown Washington.