Discovery Looking To Sublicense Olympic Rights Sources: FS1 Cutting Back News Operation NFL To Hire Forensics Expert ESPN Changes Format For MLB ASG Reveal NFL To Celebrate Season Opener In S.F., Boston Could 31-Year-Old Become Face Of Titans? Media Notes Discovery Lands European Oly Rights Through '24 Hyundai Signs Four-Year Deal As NFL Auto Sponsor Fox, USGA "Pleased Overall" With U.S. Open Coverage
Published September 28, 1995
ESPN Radio "has secured the rights to the NBA broadcasts," according to this morning's BOSTON GLOBE. In previous years, the NBA has handled radio in-house then sold broadcast to individual stations. Sources at ESPN said no decisions have been made on announcers (BOSTON GLOBE, 9/28). ....Rupert Murdoch's family stake in News Corp. has dropped from 32.63% to 30.89%, a reflection of the company's rapid expansion and increase in equity capital since '93 (REUTERS/ DAILY VARIETY, 9/28)....Bankers and analysts believe that the Turner-Time Warner deal won't be closed until June or July of next year due to the "rigorous scrutiny" expected from federal regulators (N.Y. POST, 9/28)....Ted Turner's five-year compensation package under the deal is said to be in excess of $100M (N.Y. TIMES, 9/28)....In examining the Turner/Time-Warner merger, "Moneyline" noted CBS or NBC could join in a "Time-Warner alliance" to bid for sports "mega-programming" like the NFL. CNN's Steve Young noted the idea would be that the networks "share the costs, multiply the viewing audience, and most of all, out-race" Murdoch's News Corp. (CNN, 9/27)....Fox and Don King have announced formal plans to return boxing to free TV on a regular basis. A to-be-titled monthly boxing series will premiere January 27 and continue with fights on the last Saturday of each month throughout '96 (Fox)....Microsoft and Visa proposed an industry software standard for on-line payments and transactions (N.Y. TIMES, 9/28)....Marketing plans for the upcoming MCI/News Corp. Internet-based online service will tap Fox's appeal to young audiences as they prepare for a November roll-out (BRANDWEEK, 9/25 issue).