Sources: Rays' Frankel Bidding On Hawks USA Today SMG Teams With IndyCar Olympic Channel Aimed At Young People In The Works Heat Could Face Steeper Rent For Adjacent Lot Gymnastics A Boon For Pac-12 Networks Seattle Mayor Ready To Fast-Track Arena Media Notes City Pushes NBA Kings For Redevelopment Plan Warriors' Lacob In It For The Long Haul Chicago Subchannel Becoming Hub For Local Sports
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Published May 9, 1996
TNT's Knicks-Bulls game Tuesday night received a 7.2 rating -- the second highest rated Round 2 NBA playoff game ever for the network (THE DAILY)....News Corp. stock closed down 1/2 at 22 1/2 yesterday after earnings reports that showed profits down 69% ("NBR," PBS, 5/8).... Yesterday, America Online announced a deal to open a service in Japan, showed "better-than-expected earnings" for the 3rd quarter, and revealed marketing plans for the summer. Still, the company's stock was down $7.25 to $62.75 (WASHINGTON POST, 5/9)....SportsChannel Ohio and the Cavaliers have extended their contract for the next three years (GOULD MEDIA)....The Sunshine Network announced a deal for exclusive local cable rights for the RHI Orlando Jackals (Sunshine)....Lifetime Television will continue its sponsorship of Indy car driver Lyn St. James as she changes teams. Lifetime debuts the first "vignette" of its "Behind the Wheel with Lyn St. James" on May 10, and Lifetime's Web site will follow St. James at the Indy 500 trials (Lifetime)....The NCAA debuted its Web site at http://www.ncaa.org on April 29. Sprint, an NCAA corporate partner, played "an integral role" in development (NCAA News, 5/6 issue)....ESPN was not able to reach a deal with college football analyst Craig James, despite offering a "$500,000-plus annual offer," according to Rudy Martzke. James appears headed to CBS to be analyst for college football and other events (USA TODAY, 5/9).