SBD/23/Sports Media

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         Fox and Reuters unveiled plans yesterday to create a TV news
    service in an effort to improve news broadcasts at local Fox
    stations.  The deal will provide Fox affiliates with access to
    footage of national and international news.  The service is
    scheduled to begin March 1 and will be based in Washington D.C
    (Michele Greppi, N.Y. POST, 1/23).

    Print | Tags: Media

         Accusations of influence-peddling on Capitol Hill are not
    Rupert Murdoch's only problems, according to a report in U.S.
    NEWS.  Earnings for Murdoch's News Corp. are expected to be flat
    for the second quarter because of write-offs.  Twentieth Century
    Fox is expected to lose "about $50 million" because of "two flops
    and two marginal films" last Christmas.  Analysts estimate News
    Corp. could lose as much as $500M over the next four years from
    Fox's NFL deal "because advertising revenues aren't expected to
    cover the purchase price" (Linda Grant, U.S. NEWS, 1/30
    issue)....In the current issue of TIME, UPN gets a "winner" nod
    for the "runaway success of new Trek show to smashing debut"
    (TIME, 1/30 issue)....ESPN officials are considering America's
    Cup yachting as a "hidden weapon" to lure viewers this summer.
    Onboard cameras and microphones could make the event "a mass
    spectator sport with about a million upscale homes tuning in each
    day" (N.Y. POST, 1/23)....Microsoft and Sony will join in a
    partnership to develop hardware and software for interactive TV
    and other multimedia business (Don Clark, WALL STREET JOURNAL,
    1/23)....GOLF DIGEST Sports Marketing has struck a deal with
    Turner Broadcasting to launch the GOLF DIGEST's "Tour de Golf."
    The tour will be a 20-city interactive Mall tour, starting next
    May (COWLES BUSINESS MEDIA, 1/29)....Chicago's WMVP Radio may
    "snatch" the rights to the White Sox from WMAQ.  Part of the deal
    may include making White Sox Chair Jerry Reinsdorf a partner in a
    joint venture created to operate WMVP (CRAIN'S CHICAGO, 1/16).

    Print | Tags: Chicago White Sox, ESPN, Microsoft, NFL, Media, Walt Disney
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