SBD/1/Sports Media

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  • CBS STOCK REBOUNDS AFTER TAKEOVER REPORT

         CBS, Inc. stock "jumped" on Friday after reports that CBS
    Chair & CEO Laurance Tisch was negotiating to sell his stake in
    the company to Westinghouse Electric.  CBS closed up 3 1/4 at 64
    3/4 on the NYSE.  CNBC commentator Dan Dorfman had reported that
    Westinghouse would offer about $80 a share for CBS stock.  Rob
    Morrow, a Westinghouse spokesperson, said the company "doesn't
    speculate on rumors or speculation" (N.Y. POST, 4/29).
         NO CHANGE AT FOX?  ELECTRONIC MEDIA is reporting that the
    FCC is all but "scrapping a plan to make Fox restructure and
    instead may give Rupert Murdoch a foreign ownership waver" (AD
    AGE/ELECTRONIC MEDIA, 5/1 issue).
    

    Print | Tags: CBS, News Corp./Fox, Media, Viacom
  • MEDIA NOTES

         Sean Connery, Bill Murray and Gary Player have accepted
    invites to participate in the $1M Lexus Challenge, televised on
    NBC from Dec. 13-17.  They will join Michael Douglas, Clint
    Eastwood, Sylvester Stallone and Jack Nicholson (Lexus)....Keith
    Jackson's ad for Miller Lite premiered this weekend.  Jackson
    will donate all proceeds from the ad to a broadcast scholarship
    program in his name at his alma mater, Washington State (Miller).
    But in Baltimore, Milton Kent questions the "propriety" of
    Jackson doing an ad for alcohol (Baltimore SUN, 5/1)....Rupert
    Murdoch will finance a new weekly national magazine with
    prominent conservative writers on politics and policy (N.Y.
    TIMES, 4/30).
    

    Print | Tags: NBC, Media
  • NBA AND SPURS TRY TO CRACKDOWN ON ILLEGAL TV BROADCASTS

         The NBA and Spurs are telling local businesses in the San
    Antonio area they "may face legal trouble if they show playoff
    games without authorization," according to the SAN ANTONIO
    EXPRESS-NEWS.  Lawrence Payne, Spurs Senior VP/Broadcasting, said
    a letter mailed to 400 recipients said, "If you want to show
    these games, you have to get permission."  Payne said about 30
    outlets had been licensed for games over this past weekend, and a
    blackout area extends 75 miles for NBC broadcasts and 35 miles
    for cable (Joe Fohn, SAN ANTONIO EXPRESS-NEWS, 5/1).
         NBC RELEASES FINAL RATINGS:  The "NBA on NBC" has scored its
    highest regular-season ratings average in its last five years.
    The series finished with a 5.2 rating/14 share for 26 telecasts,
    an increase of 13% over last season, which ended with a 4.6/12.
    It was the highest regular-season average for the NBA on network
    TV since the '88-89 season when the NBA got a 5.8 on CBS (NBC).
         CHECK YOUR LOCAL VIDEO STORE:  NBA Entertainment will
    release two home videos tomorrow:  "Hakeem the Dream" and "Shawn
    Kemp The ReignMan" (NBA NEWS, 4/25 issue).
    

    Print | Tags: CBS, NBA, NBC, San Antonio Spurs, Media, Viacom
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