U.S. Fans Abound For WWC Final LeBron Praised For Role In Apatow's "Trainwreck" MLS Eyeing St. Paul For Expansion Club Angels Bad PR Continues With Dipoto Exit NBA Free Agency Begins With Money Flying Expectations High For NASCAR On NBC NBC Lands New Advertisers For Race Coverage Going Off The Grid Steelers Exploring '23 Super Bowl Bid GT To Benefit Financially From Ireland Game
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In this morning's WALL STREET JOURNAL, Anita Sharpe reports "people in the Turner camp are throwing cold water" on a report yesterday in USA TODAY that said TBS Chair Ted Turner finally had won the blessing of 20% TBS-owner Time Warner to bid for NBC. "In truth," all that happened was that NBC -- which "once loathed to meet with Mr. Turner before he worked out his differences with Time Warner -- has simply decided there's no reason to wait forever and has agreed to meet with him." One person in the Time Warner camp said the media conglomerate cannot prevent Turner from talking to anyone. Many Wall Street analysts quoted in the piece noted that if Turner restructures TBS before making his move for NBC, TBS's stock could rise quickly (WALL STREET JOURNAL, 10/26). Last night "NBR's" Paul Kangas reported: "TCI Chairman John Malone today said he will support Ted Turner's bid to buy NBC. ... Malone said an alliance between NBC and Turner would be a perfect fit, but Malone added he doubted that the bid would be successful" (PBS, 10/25). TCI and Time Warner each hold 24% stakes in TBS.
Merchandise Entertainment Television (MET), a new home shopping and entertainment net, has signed an agreement with the Continental Basketball Association for national cable coverage of 39 games in '94-'95. MET will also cover CBA games in '95 and '96. MET will sell official CBA licensed merchandise during those broadcasts and plans to broadcast in Latin America, Europe and the Orient in the future (CBA).