Expectations High For NASCAR On NBC NBC Lands New Advertisers For Race Coverage Female Audience Strong For World Cup ESPN Denies Wanting To Dial Down Olbermann IndyCar Gets Best Cable Audience In Years Xfinity Series Audience Lower On Fox Sports U.S.-Germany Sets Fox Soccer Record Media Notes Discovery Looking To Sublicense Olympic Rights Sources: FS1 Cutting Back News Operation
SUITORS EYE STAKE IN NBC
Published September 12, 1994
GE and Time Warner resume talks this week as Time Warner tries to secure NBC as a programming outlet and GE considers selling all or part of its share in the network. This morning's WALL STREET JOURNAL reports other suitors are considering bids for NBC, including Harcourt General and Turner Broadcasting. Harcourt is completing a sale of its insurance unit to GE for $400M; TBS is considered "unlikely" to purchase NBC because Time Warner is one of its major shareholders (Roberts & Jensen, WALL STREET JOURNAL, 9/12).