SBD/9/Sports Media


          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).

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