Published March 20, 1995
Viacom's Blockbuster unit will use its database of 50 million video rental card holders to solidify prospects for a Blockbuster credit card. Visa is expected to co-issue the card with Blockbuster (WALL STREET JOURNAL, 3/20)....The Florida Panthers report they will hire an analyst so that radio play-by- play announcer Chris Moore will not work alone after this season. The Heat is also considering adding an analyst for next season (MIAMI HERALD, 3/19)....In a "major step" toward entry into the TV business, regional phone companies Pacific Telesis and Bell Atlantic won a court order that should enable them to carry TV programming (Mult., 3/18)....ITT is profiled in the current issue of NEWSWEEK. Johnnie Roberts writes, "Just as ITT once muscled its way through the corridors of power, it is today carving out a new empire in leisure and entertainment" (NEWSWEEK, 3/27 issue)....Hughes Network Systems has received permission from DirecTV Inc. to manufacture 18-inch dishes for DSS. Previously, only RCA and Sony had those rights (Baltimore SUN, 3/19). CNN's "Moneyline" examined the popularity of DBS systems. CNN's Steve Young: "It's coming out of the starting gate twice as fast as the VCR did 20 years ago" ("Moneyline," CNN, 3/17)....BET Holdings Inc. reported that net income rose 28% in its 2ndQ, from $4.3M last year to $5.5M (WASHINGTON POST, 3/18).