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COMSAT VIDEO ENTERTAINMENT CONSIDERS MOVE TO DENVER
Published November 8, 1994
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).