SPORTSLINE SETS LATE JUNE DATE FOR IPO

          SportsLine USA "anticipates" its pending $46M IPO will
     go forward in late June, according to Robert Marich of the
     HOLLYWOOD REPORTER.  An IPO preliminary prospectus shows
     that "though fast-growing," FL-based SportsLine posted $2.4M
     in sales in '96 as a start-up and had accumulated a deficit
     of $23.2M.  Marich notes that "normally such a financial
     performance would not be considered suitable for an IPO, but
     the Internet business has a strong lure to Wall Street." 
     And CBS and other corporate investors "have pumped in
     capital," giving SportsLine a "strong cash position" of
     $17.7M as of March 31 (HOLLYWOOD REPORTER, 5/23).
          ONE OF THE BIG BOYS NOW: VARIETY's Jeff Ostrowski
     profiled SportsLine, noting that after three years, it is
     now "considered a powerhouse among sports-related content
     providers."  SportsLine has grown from a prototype with no
     online presence to a 30-person firm that launched in '95 to
     today's firm of 150 employees (VARIETY, 5/19 issue).