COMPANY TOWN ANNEX

Fox TV Plans Late-Night Daily Newscast: Fox Television, which has had on-again, off-again plans for several years to launch a national news program, now says it will develop a late-night daily news program for debut later this season. The new program would appear at 11 p.m. on Fox’s eight owned TV stations, including KTTV-TV (Channel 11) in Los Angeles. The decision represents a shift in strategy for Fox, which has spent most of its efforts on developing a news magazine program. A spokesman for Fox TV said research has indicated that the public’s appetite for news magazine shows has waned.