Jeff Gordon Hired As Full-Time Analyst For Fox "SNF" Leads Primetime For Fourth Time Ducks' Perry Miffed By Milbury's On-Air Remark MASN: Manfred Comments "Highly Prejudicial" NBC Again Airing Final EPL Matches Live Buck Anxiously Awaiting U.S. Open Broadcast Preakness Audience Down From Recent Years Media Notes StubHub Releases New Mobile Apps Ebersol: Live-Streaming App Usage Is "Theft"
Upcoming Conferences and Events
TURNER EARNINGS UP; BRAVES EARNINGS DOWN
Published August 9, 1995
Turner Broadcasting System "reported strong growth" in second quarter earnings, with its "only weakness the Atlanta Braves" which lost $10M more "than the previous year" because of the affects of the baseball strike, writes Charles Haddad in this morning's ATLANTA CONSTITUTION. Turner Broadcasting reported net income rose to $22M, up from $13M a year ago. Turner is parent company of CNN, TBS and TNT, the Cartoon Network, Turner Classic Movies, along with the Braves and Hawks (ATLANTA CONSTITUTION, 8/9). Meanwhile, Turner said yesterday it was "continuing to hold discussions" with TCI and Time Warner about purchasing Time Warner's 18% share in TBS. Geraldine Fabrikant reports in this morning's N.Y. TIMES that Time Warner is seeking $1.6B for its stake, "worth roughly" $1.2B, or swapping it for a Turner asset such as the Cartoon Network. Fabrikant writes "those familiar with the discussions" say Turner is unwilling or unable to make the swap (N.Y. TIMES, 8/9).