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Published November 18, 1994
Sony Corp. announced yesterday that it has taken a "staggering" $2.7B write-off on Sony Pictures Entertainment, on top of a $510M operating loss on the studio. The news, "shook the entertainment industry and raised new questions about Sony's long-range commitment to Hollywood" (L.A. TIMES, 11/18)....Milton Kent notes this weekend "will be fairly noteworthy for women sports announcers," with two all-female crews covering live network TV events. On ABC, ESPN's Robin Roberts and analysts Betsy Nagelsen and Pam Shriver work the Virginia Slims Championships. Meanwhile, ESPN kicks off women's college basketball with Beth Mowlins, Mimi Griffin and Christine Brennan (Baltimore SUN, 11/18).