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CROCKETT LEADING COMSAT INTO NEW TERRITORIES
In a Baltimore SUN profile, Michael Dresser examines Comsat President & CEO Bruce Crockett, who has helped the satellite telecom company assemble "an eclectic group of businesses" -- including the Nuggets and On-Command Video. Dresser: "It's all been a little too eclectic for investors. Always wary of uncertainty, Wall Street has punished Comsat for Mr. Crockett's terrestrial ventures. From a 52-week high of $32.75, Comsat stock has lost more than one-third of its value, hitting a low of $19.375 last week. To some extent that reflects a general weakness in the [telecom] sector, but its price-earnings-ratio of 11 is paltry, even by industry standards." But Crockett, who hopes to add an NHL franchise in Denver, is "unapologetic about Comsat's growing role in the high-risk, high-reward sports and entertainment businesses": "There are some investors who would rather see us just be a communications company. We would hope over time to attract investors with different philosophies" (Baltimore SUN, 11/20).
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NASCAR CRAFTSMAN SUPERTRUCK SERIES CRUISES ONTO 4 NETWORKS
The Nashville Network, ESPN, CBS, and ABC will share coverage in 1995 of the inaugural season of the NASCAR SuperTruck Series by Craftsman. TNN will televise 10 of the events, including the season's first and last races on February 5 and October 27; ESPN will televise seven of the races, two in prime time and three that are companion races to the NASCAR Winston Cup events; CBS will cover three races during July as part of the network's "Eye on Sports" program; and ABC will debut the series on national broadcast television on April 22 (NASCAR).
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NFL "SUNDAY TICKET" HITS HOME NEXT WEEKEND ON LITTLE DISHES
Starting November 27, and for $49.95/month, the NFL and DirectTV will make the league's "Sunday Ticket" package available to fans with 18-inch satellite dishes, according to Leonard Shapiro in the WASHINGTON POST. "Big dish owners have had it all year," and -- so far -- approximately 200,000 big dish owners are subscribers to "Sunday Ticket." Shapiro also reports that DirecTV, a division of GM Hughes Electronics, currently has "150,000 subscribers with the little dish, and the company is selling between 2,000 and 3,000 RCA-made dishes a day" (WASHINGTON POST, 11/19). IF IT WALKS LIKE A DUCK: "When it comes to the subject of pay-per-view television," most NFL officials "shake their heads no, a thousand times no," according to Shapiro, who believes that "if the 'NFL Sunday Ticket' looks like pay-per-view, sounds like pay-per-view, and definitely costs like pay-per-view (okay, bargain basement pay-per-view), it must be -- additive." Ron Bernard, president of NFL Enterprises: "Anything we do in this area is an additive service. In no way will we take anything away from the viewer on free television. It's additive. In no way will we do pay-per-view" (WASHINGTON POST, 11/19). -
THIRD SPORTS CHANNEL FOR FLORIDA?
The MIAMI HERALD reports that Sunshine "is planning to launch a third Florida sports network within the next 18 months." According to Sunshine, "programming on the new network will include women's sports and events that are pushed off Prime Network by live pro sports" (Barry Jackson, MIAMI HERALD, 11/20).
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TV NETWORK VIEWERSHIP CONTINUES DECLINE -- DOES SPORTS HELP?
"The undercurrent of shrinking network television audiences continues unabated," according to Tim Jones in this morning's CHICAGO TRIBUNE. Since the '83-84 season, viewership has dropped 19% for ABC, 17% for NBC, and 12.6% for CBS. "The most recent figures from Nielsen show a continued network viewing decline of 2.7 percent in the year ended last month. The cancellation of baseball playoffs and the World Series likely hurt last month's viewer count. There is, however, no evidence to suggest the overall downward trend is reversing itself." Jones adds that "sports is not automatically the savior of any network," in fact, "as CBS learned with its money-losing contract with Major League Baseball, sports is an anchor that can pull the ship under." James Goss, media analyst with Duff & Phelps: "Sports establishes an image but doesn't necessarily do a lot for the bottom line" (CHICAGO TRIBUNE, 11/21). VIACOM EYEING CBS? USA TODAY reports this morning that Viacom "is taking a preliminary look at CBS." According to an unnamed source, "Viacom is understood to have met within the past two weeks with investment bankers who want it to buy CBS" (Lieberman & Dorfman, USA TODAY, 11/21).




