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GOLF TRADES GIVE WINNERS AND LOSERS IN PGA TOUR TV DEAL

          The PGA Tour "achieved its two primary objectives --
     maximizing rights fees and consolidating its broadcasting
     mix -- with the completion" of its domestic TV rights
     negotiations for events starting in '99, according to Dave
     Shedloski of GOLFWEEK.  In a breakdown of the package,
     Shedloski notes that CBS has committed to quarterly one-hour
     specials on the tour and "a kids special that will be
     jointly produced by EyeMark, CBS' syndication division." 
     Shedloski also puts the price of NBC's rights to The
     Presidents Cup at $7M annually (GOLFWEEK, 5/17 issue).
          HERE'S TO THE WINNERS: In a sidebar analysis of the
     deal, Shedloski writes that NBC, CBS, The Golf Channel and
     USA Network were winners in the package.  ABC/ESPN earned a
     "draw" as "sources say it's still not completely happy with
     its haul of 11 mostly late-season events."  Fox "ended up on
     the short end," but sources said it "came to the table with
     decent money ... but backed off once it appeared that the
     few marquee properties that fit into its crowded schedule
     were probably headed elsewhere" (GOLFWEEK, 5/17 issue). 
     GOLF WORLD's "Winners" include CBS, ABC/ESPN, NBC, and the
     USA Network; "Losers" include The Golf Channel and Fox.  But
     GOLF WORLD adds that "the tour did not get everything it
     wanted. Not by a long shot."  Sources said the "process at
     times got bogged down in the tour's requests that the
     networks could not possibly meet -- more control over
     production, noncompete clauses with no other golf opposing
     tour events, even the ability to 'spin' golf commercials
     into prime time programming.  The tour even asked for a pro-
     rata formula providing extra rights payments in rare cases
     where other sports programs ended early, resulting in golf
     'bonus coverage' of 10-15 minutes.  Ultimately, the tour
     backed away from all of those demands" (GOLF WORLD, 5/17). 

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