Finebaum Signs With ESPN, SEC Network Audience For NBA Conf. Semis Down ESPN Layoffs Reportedly In "Low Hundreds" Stars Look To Hold Training Camp In Ft. Worth WNBA Sky Ink Five-Year Local TV Deal PGATour.com To Air Series On UW Golf Team ESPN Has First Mass Layoffs In Years SI Brass Discuss Future Of Publication "30 For 30" To Feature Pistons' Bad Boys ACC Network Faces Roadblock In Rights Issue
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Published May 24, 1995
Capital Group Companies, Inc., one of the largest institutional shareholders in CBS Inc., declined to vote its 6.22% stake in favor of management's slate of directors. Gordon Crawford, the Capital Group fund manager who oversees most of their media investments, is said to believe that CBS Chair Laurence Tisch "dismantled what was once a great communications empire, and that the company could be performing far better" (WALL STREET JOURNAL, 5/24)....With the Stars out of the NHL playoffs, ratings in the Dallas-Fort Worth area for last Sunday's Flyers-Rangers game dropped to 0.9 -- the lowest among cities with NHL franchises (DALLAS MORNING NEWS, 5/23).... The Baseball Network's Mike Trager says that TBN has signed more than 30 advertisers -- nearly double last year's total, with a dozen more possible. Trager argues that ESPN's 32% ratings drop-off isn't an adequate indicator for TBN's regionalized coverage. Trager: "Local baseball ratings aren't off anywhere near ESPN's numbers (Mike Heistand, USA TODAY, 5/24)....Nintendo, NBC and Blockbuster will join together on an estimated $5M fall promo to push Nintendo's new 3D "Virtual Boy" system, drive retail traffic at Blockbuster and hype NBC's fall lineup (BRANDWEEK, 5/22).