COMSAT VIDEO ENTERTAINMENT CONSIDERS MOVE TO DENVER

     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).