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Published November 8, 1994
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).