SBD/12/Finance

TSN TEASES WITH THE NOTION OF FLOATING AN IPO

          NetStar Communications, owner of Canada's TSN, "is
     considering turning itself into a publicly listed company,
     with an initial public offering of up to" C$100M, according
     to Gayle Macdonald of the Toronto GLOBE & MAIL.  TSN Founder
     & NetStar CEO Gordon Craig: "At this point, we're looking at
     the whole issue quite seriously to see if it's the right
     time to do an IPO."  Craig said the company would use
     proceeds of an IPO "to buy specialty-channel properties,"
     but he would not elaborate on what assets his two-year-old
     company might be interested in (GLOBE & MAIL, 12/12).

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