Comsat CEO Bruce Crockett announced yesterday that Comsat
Video Entertainment may move to Denver as the city becomes more
of an "entertainment hub" for the company.  Crockett said that
the construction of a new arena for the Comsat-owned Nuggets and
an adjacent television production studio might make it logical to
move Video Enterprises from Comsat's Bethesda, MD, headquarters
to Denver.  Crockett said that the Nuggets franchise "fits well"
with Comsat's strategy of building a multi-tiered entertainment
company.  Crockett: "Franchises have gotten legitimacy as
corporate assets.  They are no longer playpens for idiosyncratic
millionaires" (Jeffrey Leib, DENVER POST, 11/7).

     Dow Jones & Co. is selling 80% of SportsTicker, its sports
news service, to ESPN.  Dow Jones will retain a 20% interest in
SportsTicker, a 24-hour sports news and information service.
ESPN has "wanted to acquire SportsTicker for several months, but
Dow Jones was not looking to sell."  However, Roger May,
spokesperson for Dow Jones, said, "ESPN made us a pretty good
offer" (Richard Sandomir, N.Y. TIMES, 11/8).  ESPN plans no major
changes at SportsTicker and as part of the agreement, Dow Jones
and ESPN said they will develop TV programming.  Dick Glover,
Senior VP at ESPN Entertainment said the "two companies could
report on sports business or offer ESPN's sports news feed to Dow
Jones's desktop video service" (N.Y. POST, 11/8).  Glover: "We've
bought an experienced well-oiled machine."  SportsTicker
President Peter Bavasi will continue to oversee the operation.
Bishop Cheen, analyst for Paul Kagan Associates, said "he
expected SportsTicker and ESPNet to merge into one computer on-
line service, which would have a growing appeal to gamblers eager
for up-to-date information" (Richard Sandomir, N.Y. TIMES, 11/8).

     Final bids for at least a five-year TV deal for Wimbledon
will be made in New York today and Wednesday, with a decision
expected next week.  The scouting report favors incumbents NBC
and HBO.  For Fox to win the tournament, it will have to outbid a
$25M combined bid by NBC and HBO.  The Fox bid would have to be
in excess of $30M (Rudy Martzke, USA TODAY, 11/8)...The SEC has
extended its agreement with Jefferson-Pilot Sports for the
syndicated television rights to broadcast SEC Football and Men's
Basketball through the 2000-2001 academic year (SEC)....Rupert
Murdoch's News Corp. will be "hit" by Fox's $20M first quarter
losses.  Prudential Bache media analyst Mike Mangan said that
Fox's "aggressive but strategic" bid for the NFL can be
attributed for the quarter losses (WASHINGTON TIMES,
11/8)....Creative Artists Agency Multimedia Chief Bob Kavner is
interviewed in ELECTRONIC MEDIA on "Plotting the Dawn of the
Interactive Age."  Kavner:  "We're in a period of restructuring
industry definitions, and history will look back at this time as
part of the process of people beginning to develop an
understanding of the opportunities that will develop over the
next 20 years" (ELECTRONIC MEDIA, 11/7 issue).

     Industry analysts yesterday said they were skeptical about
the possibility of a merger involving New World Communications
Head Ron Perelman and CBS.  Duff & Phelps' James Goss said a
Perelman takeover of CBS was "unlikely": "I would find it
surprising if Perelman would be a buyer because he just
structured his involvement in New World by aligning stations with
Fox" (N.Y. POST, 11/8).
     MORE NETWORK SHUFFLE:  Upon reports that Cablevision and
Time Warner were considering a joint venture, Stanbdard & Poor's
Ratings Group placed Time Warner's debt on "CreditWatch."
Cablevision serves about 1.3 million subscribers in New York
(WALL STREET JOURNAL, 11/8)....In Atlanta, Charles Haddad writes
that Ted Turner must become a "mega-media company" and purchase a
network: "If Turner Broadcasting is not one of those mega-media
companies, it could become a has-been.  And Turner wants to play
only if he is among the best.  Otherwise, he's cashing out"
(ATLANTA CONSTITUTION, 11/8)....

     While the proposed United Baseball League (UBL) is looking
for broadcast networks interested in carrying its games, UBL Co-
Founder Robert Mrazek says local TV "is more important to our
financial base than national."  The UBL has "not projected how
much broadcast revenue it would need to be viable."  Mrazek says
TV contracts for the UBL will be performance-based, making them
"largely risk-free" to the networks.  If ad sales exceed a set
level, the UBL and net will share the revenue, and the UBL will
partially reimburse the net if sales fall short.  Mrazek said by
the time the UBL starts, six broadcast nets could be "potential
entities looking for programming," as well as telephone
companies.  The league will also explore cable contracts and
broadcasting rights in countries outside the U.S.  However, "the
networks are not showing great interest" in the league at this
point.  CBS Sports President David Kenin says he has talked to
people "informally" but noted:  "I don't really know if there is
a real league."  A Fox spokesperson said no one has talked to the
UBL.  Local stations are also "wary." Jacksonville ABC affiliate
WJKS-TV's GM Jim Matthews says "most affiliates can't afford the
pre-emptions and can't afford the strains on the network
relationship" (Jon LaFayette, ELECTRONIC MEDIA, 11/7 issue).