Lazarus Says Rio A Financial Success For NBC Fox, SI Reach Digital Content Partnership ScoreStream, Snapchat Partner On Live HS Scores SNY Mets Crews At Best When Not Talking Baseball Salt Lake City Leads Rio Ratings NBC Touts Digital Presence From Rio PGA Tour Live Coverage To Stream On Facebook, Twitter Fertitta Talks New UFC Deal With WME-IMG NASCAR-Themed Show Returning To Nick Media Notes
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).