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  • MEDIA OWNERSHIP OF SPORTS; TURNER SAYS HE'S NO FALCONER

              Media companies' ownership of sports teams is examined
         by Grover, Barrett et al. in BUSINESS WEEK.  While 52 public
         companies have interest in the 130-odd major sports teams in
         North America, "at least a third" are media companies. 
         BUSINESS WEEK adds that media companies buy sports teams and
         "programming for one simple, hugely compelling reason: In
         the fragmenting American TV audience, sports is the only
         surefire way to land a substantial and predictable
         audience."  News Corp. Co-COO Chase Carey: "Sports
         programming sells anywhere, anytime" (BUSINESS WEEK, 9/22).
              THREE IS ENOUGH: In Atlanta, Time Warner Vice Chair Ted
         Turner spoke at the Commerce Club yesterday.  Asked if he
         wanted to buy the Falcons, Turner said, "We've got enough
         teams already."  To which Braves/Hawks President Stan Kasten
         chimed in, "Amen" (ATLANTA CONSTITUTION, 9/16).
      
    

    Print | Tags: Atlanta Braves, Atlanta Falcons, Atlanta Hawks, Franchises, News Corp./Fox, Time Warner
  • SPANOS STEWS OVER COMPLAINTS ABOUT CITY'S SEAT GUARANTEE

              A crowd of 63,149 at Sunday's Chargers game "wasn't
         large enough" to meet the city's "controversial general
         admission-seat guarantee," according to Barry Bloom of the
         SAN DIEGO UNION-TRIBUNE.  If the city "must refund" Sunday's
         "full 5,000-seat commitment," it would fall $200,000 in
         arrears, which comes in the form of a rent rebate 30 days
         after each game.  The city can get money back when the total
         general admission ticket sales are tabulated at the end of
         the season.  On Sunday, Chargers Owner Alex Spanos "angrily
         declared the guarantee a modest fee" to keep the team in San
         Diego.  Spanos: "At least it shows they want us here. 
         Baltimore gave Art Modell $75 million.  And a 15-year lease
         at a new stadium, rent free."  He added that he "shunned
         several more lucrative offers" to move the team.  Spanos: "I
         love San Diego.  I intend to stay here and I don't want to
         move.  And I can't stand what everyone is doing knocking us
         and knocking the city.  Especially when you look at what
         other cities have done."  The club has "actively marketed"
         its premium seats, having sold about 90%, and Spanos said
         that for the first time the team will turn a "healthy
         profit" this season (SAN DIEGO UNION-TRIBUNE, 9/15).  
    
    

    Print | Tags: Franchises, San Diego Chargers
  • TWO EDMONTON BIDDERS IN THE MIX TO KEEP OILERS IN TOWN

              The future of the NHL Oilers "remained uncertain" as
         two "separate local consortiums put the final touches to
         deals they hope will keep the team" in Edmonton, according
         to Dolphin & MacDonald of the EDMONTON JOURNAL.  The group
         considered the "front-runner" is led by Cathy Roozen, heir
         to the Charles Allard fortune, and "software tycoon" Bruce
         Saville.  A second consortium is led by Robert Proznik, a
         property manager and restauranteur.  Dolphin & MacDonald
         report that "none of those interviewed ... thought Proznik
         and his consortium -- believed to include another
         restauranteur and a financial consultant -- had deep enough
         pockets to compete against Roozen and Saville."  Proznik
         could not be reached for comment (EDMONTON JOURNAL, 9/16). 
         
    

    Print | Tags: Edmonton Oilers, Franchises, NHL
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