ESPN Paying $7-9M For Hockey World Cup Media Notes ESPN To Air World Cup Of Hockey SportsNet LA Impasse Carries On Neuheisel Joins CBS As CFB Analyst ESPN's Traug Keller Talks Talent Galaxy Get New Radio Deal For '15 TNT's Craig Sager Talks Return To Sidelines Fox Promising Strong MLS Broadcasts Albert's Hire May Be Winner For NBC
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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).