COMPANY TOWN ANNEX

Miami Affiliate Signed for Proposed Network: Paramount Communications Inc. has added a crucial building block in its race with Warner Bros. to launch a fifth broadcast network, signing WDZL-TV in Miami, owned by Renaissance Communications, a station that previously was to join the Warner network. Paramount now has affiliation agreements with 19 TV stations, representing about 40% of U.S. TV homes. Miami is the 16th-largest TV market in the country. Warner is still expected to forge a deal in Miami, however, perhaps with WBFS-TV, owned by Combined Communications.