Judge: No Vote Needed For Rams Stadium Funds Source: Brady Appearing In Person For Hearing MLBAM Takes Over NHL Digital Operations Cowboys' Frisco Development On Track Giants' Mara Confident In NFL's Return To L.A. Pac-12 Still Chasing Big Ten, SEC Networks HBO's "Hard Knocks" Begins Filming Texans NFL Franchise Notes Social Studies: NASCAR's Brett Jewkes James Sues Fox Sports For Discrimination
Published January 23, 1995
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).