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Published November 11, 1994
A group of companies that operate TV stations affiliated with ABC are teaming up to develop new sources of revenue for their channels. The group said it will form a company called NewVenco Inc., which will pursue projects in programming, interactive media, and pay-per-view among other areas (WALL STREET JOURNAL, 11/11)....In Washington, Leonard Shapiro reports that, despite gossip to the "contrary" in the local broadcasting community, WTEM sports radio is not about to "a) fold, b) be sold or c) significantly change its format." But he also notes that WTEM, which has the rights to the Redskins, may lose them in a bidding war with two other stations (WASHINGTON POST, 11/11)....No officials involved will confirm it, but Red Sox radio coverage in Boston will likely switch from WRKO to all- sports WEEI next season (BOSTON GLOBE, 11/11)....In this week's AD AGE, Jeff Jensen examines the entrance of the pro sports leagues into the CD-ROM/interactive medium (AD AGE, 11/7 issue).