SBD/6/Sports Media

MALONE'S TOUGH STANCE HOLDING UP TURNER-TIME WARNER DEAL?

     The terms of payment for Liberty Media's stock in Turner
Broadcasting "appeared to be a major sticking point" in
negotiations between Turner and Time Warner, according to today's
N.Y. TIMES.  Although Ted Turner has scheduled a Turner board
meeting for Thursday, the possibility of a "final version" by
that date "seemed very difficult" (Geraldine Fabrikant, N.Y.
TIMES, 9/6).  In L.A., Sallie Hofmeister notes that some on Wall
Street "began losing faith" in Time Warner's ability to pull off
the deal.  One trader:  "The feeling on Wall Street now is that
maybe there's a deal and maybe there's not" (L.A. TIMES, 9/6).
     CAN'T TELL THE MOGULS WITHOUT A SCORECARD:  VANITY FAIR
lists the top 50 "Leaders of the Information Age" -- The "New
Establishment 50."  The Top 10:  1)  News Corp.'s Rupert Murdoch;
2) Microsoft's Bill Gates; 3) Disney's Michael Eisner; 4)
Viacom's Sumner Redstone; 5) TCI's John Malone; 6) Time Warner's
Gerald Levin; 7) Intel's Andrew Grove; 8) DreamWorks' Steven
Spielberg; 9) DreamWorks' David Geffen; 10) AT&T's Robert Allen.
Others:  13) TBS' Ted Turner; 15) Disney's Michael Ovitz; 16)
Silver King's Barry Diller; 23) Blazers/Starwave Owner Paul
Allen;  36) HBO's Michael Fuchs; ABC's Robert Iger (USA TODAY,
9/6).
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