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Published October 31, 1994
ITT announced that it is no longer actively pursuing a merger with NBC and doubts GE wants to reach a deal anytime soon (COWLES BUSINESS MEDIA, 10/29)....Analysts are projecting the networks will accumulate nearly $12B in advertising sales for the upcoming year (WASHINGTON POST, 10/31)....Michael Ovitz and three regional Bell telephone companies announce plans today for a video entertainment venture to compete with the nation's cable-TV systems. The three phone companies -- Bell Atlantic, Nynex and Pacific Telesis -- want to make movies, games, interactive programs and regular TV shows available to 46M homes and businesses through phone lines (N.Y. POST, 10/31)....Pitt football public-address announcer Don Ireland resigned over jokes he made during the WV-Pitt game October 15. During the game, Ireland announced there was a tractor in the parking lot with its lights on bearing the WV license plate "E-I-E-I-O" (PHILA. DAILY NEWS, 10/28)....ESPN's Gary Miller, citing baseball and hockey work stoppages: "Next week's Paris Open has moved up the finals to a week from Monday so that ESPN can televise them in prime time -- the first Monday final in tennis since 1990" ("SportsCenter," 10/29).