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COMCAST WELCOME AS AN INVESTOR IN PHILADELPHIA RSNS
Published March 28, 1996
Michael Bair, Exec VP of Rainbow Sports -- owner of both SportsChannel Philadelphia and PRISM -- told CABLE WORLD that he has already had "very brief" discussions with Comcast regarding the impact on his RSNs of Comcast's purchase of the Flyers and Sixers. Bair is "open to Comcast investing" in his networks as a partner, and notes there "are certain synergies" with and that could "end up deepening the relationship." Bair has been seeking "strategic alliances" with cable operators or sports team owners for SportsChannel's "weaker" regional services. Paul Kagan analyst John Mansell predicts Comcast's addition of the Flyers and Sixers, plus a possible Phillies alliance, will give them "tremendous leverage" in any sports rights fee negotiations with Rainbow (CABLE WORLD, 3/25 issue).