Expectations High For NASCAR On NBC Female Audience Strong For World Cup ESPN Denies Wanting To Dial Down Olbermann IndyCar Gets Best Cable Audience In Years Xfinity Series Audience Lower On Fox Sports U.S.-Germany Sets Fox Soccer Record Media Notes Discovery Looking To Sublicense Olympic Rights Sources: FS1 Cutting Back News Operation ESPN Changes Format For MLB ASG Reveal
PERELMAN TAKEOVER OF CBS SEEN AS HIGHLY UNLIKELY
Published November 8, 1994
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)....