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Published October 13, 1994
Mutual Sports Dir Larry Michael says the radio network landed rights to the '96 Olympics (USA TODAY, 10/13).... Times Mirror Co. said it settled "extensive shareholder litigation that threatened to block" the pending $2.3B sale of its cable-TV operation to Cox Enterprises (WALL STREET JOURNAL, 10/13)....Web Broadcasting Systems, Inc., in conjunction with SportsTicker, has announced the creation of Web SportsNet, a national videotex and graphics sports news and info service for arenas, stadiums and their luxury boxes, hotels, race tracks and casinos (SPORTSTICKER).... Sammons Communications Inc., a closely held cable-TV operator serving 1.1M subscribers, said it is seeking a buyer for its cable systems. A sale of Sammons could approach $2B (WALL STREET JOURNAL, 10/13).