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TV SPORTS MARKETPLACE ADDS ANOTHER WITH WBIS+ LAUNCH

          Dow Jones & Co. and ITT Corp. unveiled the programming
     outline for WBIS+-TV in New York, which debuts Tuesday night
     with a Knicks-Bulls game, according to Elizabeth Sanger of
     NEWSDAY.  The independent WBIS+ will feature business news
     during the day and sports programming at night.  WBIS+
     President Carolyn Wall said that a "bulk of its revenues
     will come from advertising," although she refused to name
     any advertisers that had signed on.  Wall also said that the
     station will attempt to go national in "mid-1997."  Although 
     primetime hours are "devoted to sports," the schedule of
     sporting events has not been set, as "negotiations with
     teams and cable systems are continuing" (NEWSDAY, 1/16).
          DAILY FEED: The daily programming features a three-hour
     morning show of business information, lifestyle advice, news
     and sports reports; a midday sports news program,
     highlighting the previous night's results and previewing
     upcoming games; live sporting events or entertainment
     specials (WBIS+).  The N.Y. TIMES' Richard Sandomir notes
     "it is unclear" whether WBIS+ will replace WPIX as the
     carrier of 50 Yankees games.  Wall: "It's our fondest hope
     to carry the Yankees" (N.Y. TIMES, 1/16).   Wall said the
     station has been upgrading its signal and negotiating with
     cable operators "to increase carriage beyond the 73 systems
     that now carry it."  WBIS+ said its "potential" audience is
     6.7 million (WALL STREET JOURNAL, 1/16).  ITT President
     Robert Bowman said yesterday that MSG Network [which owns TV
     rights to Yankees, Knicks and Rangers] and SportsChannel
     [Mets, Islanders, Nets and Devils] would merge "sometime in
     the first quarter" of this year (NEWSDAY, 1/16).  

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