NFL Draft Overnight Down From Record In '14 HBO, Showtime Concerned About PPV Surge ESPN Expanding Remote TV Productions TWC's Q1 Profits Hampered By Dodgers' RSN Liga MX Match Gets Big Viewership Reporters Won't Hold Back In Tweeting Draft Picks ESPN, NFL Network Approach Draft Differently SI To Create Dedicated Film Division MASN Faced Tricky Task With Wednesday's Game Boxing Streaming Sites Fold Amid Lawsuits
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Published December 9, 1997
AT&T is selling its stake in DirecTV for $161.8M "and is getting out of the business of marketing the home" satellite TV service, the company said. AT&T invested $137.5M for its 2.5% stake in '96 (WASHINGTON POST, 12/9). In N.Y., Stephanie Mehta notes company execs "have been telling people privately that AT&T may seek to invest in one of DirecTV's cable competitors to beef up its Internet and local-phone efforts" (WALL STREET JOURNAL, 12/9). NOTES: In N.Y., Richard Sandomir reports that after January 1, SportsChannel NY will be renamed Fox Sports NY or Fox SportsChannel NY, as a result of Fox Sports Net's investment in Cablevision (N.Y. TIMES, 12/9)....In DC, columnist Tony Kornheiser, on Fox assigning Jerry Glanville to Sunday's Redskins-Cardinals telecast: "There is national coverage and regional coverage -- then there's Glanville coverage. If Glanville's doing a game, Fox is broadcasting to an area so small that your neighbors across the street may not get it" (WASHINGTON POST, 12/9)....In San Diego, columnist Fritz Quindt on The Sporting News' redesign: "Stapled, printed on improved but still inferior stock, it resembles Sports Illustrated on steroids. ... The content is substantive with a dose of fun, a dead ringer for the late, great The National" (SAN DIEGO UNION-TRIBUNE, 12/8).