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Published October 21, 1994
Time Warner CEO Gerald Levin acknowledged yesterday that his company has abandoned efforts to acquire a percentage of NBC. Levin emphasized that Time Warner is racing to meet the planned launch of its own broadcast net in January (WALL STREET JOURNAL, 10/21)....For the first time since 1980, AFC ratings are ahead of the NFC's after 7 weeks. NBC's AFC coverage is up 23% to 11.7, Fox's NFC is minus-5% from CBS in '93 to 11.2. College football ratings continue to climb with ABC up 11% to 6.9, Notre Dame games up 49% to 5.5 and ESPN up 52% to 3.5 (Rudy Martzke, USA TODAY, 10/21)....ITT Corp. said yesterday that it has asked two investment banks to look into selling all or part of its hotel franchising business, about 220 of its 395 Sheraton hotels worldwide (N.Y. TIMES, 10/21)....In Miami, CBS' Harlequin romance movies have received higher ratings than Fox's NFL coverage the past two Sundays (MIAMI HERALD, 10/21).... SportsChannel New England will air delayed coverage of the Japanese Baseball Championship Series between the Yomiuri Giants and the Seibu Lions (HARTFORD COURANT, 10/21)....ESPN SportsCenter analyst Chris Meyers has been offered Roy Firestone's host job on ESPN's "Up Close" (MIAMI HERALD, 10/21)....ESPN ran "Super Dogs! Super Jocks!" last night, a SPORTS BUSINESS DAILY "must see"....TNT will show "A Salute to Michael Jordan" on November 1 (TNT, 10/20).