Warriors-Rockets Gets Big Viewership For ESPN Royals' TV Ratings Lead MLB This Season NBC Sports Launches Documentary Film Unit CFL Extends Media Rights With Bell At Bat App Available On Dashboards In Some Cars Coke 600 Down From Previous Years New "Hard Knocks" To Feature Texans Fox Sports' World Cup HQ Wrapping Up Construction Gracenote Jumps Into Sports Data Market Charter To Carry Dodgers' SportsNet LA
Upcoming Conferences and Events
VIACOM TO STAY OUT OF SPORTS BUSINESS
Published June 1, 1995
While Viacom Chair Sumner Redstone told the company's annual meeting that his goals are to "expand our franchises to every format," that apparently does not include sports business, according to Wayne Waller of ELECTRONIC MEDIA. With the sale of Madison Square Garden, the Knicks and the Rangers, Viacom President & CEO Frank Biondi said the company had "no interest" in getting back into the sports business. Viacom is focusing on "cross-divisional projects" involving its Simon & Schuster, MTV and Nickelodeon brands, as well as continuing in the attempted sale of its cable systems to TCI (Wayne Walley, ELECTRONIC MEDIA, 5/29).