CBS, ESPN Reach Sub-License Deal For MVC CBS To Live-Stream All Super Bowl Ads PGA Tour Debuting OTT Service This Week PGA Tour's Young Guns Are Taking Over Olympics Shakes Up '16 PGA Tour Schedule Source: Mayweather Fighting On CBS Unlikely Organizers Make Canadian Open More Canadian Alabama PGA Tour Event Deemed Successful John Deere Classic To Be Opposite Olympics? Mayweather Considers Airing Final Fight On CBS
SBD/3/Sponsorships Advertising Marketing
Published March 3, 1997
L.A. Gear reported a net loss of $50.5M, or $2.20/share for the fourth quarter ended November 30, compared to a net loss of $34.3M, or $1.49/share for the same period of '95. The quarterly figures include a $28.8M restructuring charge to pay for a previously announced restructuring plan (WALL STREET JOURNAL, 3/3)....Rupert Murdoch's Australian Super League football competition, designed for int'l pay-TV, has won a $12M sponsorship deal from Australian telecom company Telstra. The Super League is in "direct competition" with the Australian Rugby League (AD AGE, 3/3)....The N.Y. DAILY NEWS featured an extensive look at fraudulent sports merchandise. The FBI estimated last month that as many as 70% of all sports autographs are fraudulent (N.Y. DAILY NEWS, 3/2). ...Jack Vipers, GolfWatch Founder & Chair, on GolfWatch's debut at the PGA Tour's Nissan Open: "I think in GolfWatch, there will be the admirers and then there will be some that don't understand it or don't like it, so we fully expect that" ("Nissan Open," CBS, 3/1).