FILM COMPANY LOOKING TO EXPAND ITS PRESENCE IN SPORTS WORLD

          Mandalay Sports Entertainment (MSE), a CA-based sports
     management company that owns several minor-league baseball
     and hockey teams, "may move into a new arena -- media
     ownership," according to Randyl Drummer of the ONTARIO
     BUSINESS PRESS.  MSE exec Tom Henderson, whose company is a
     division of Mandalay Entertainment, said that MSE is close
     on a deal to buy an Inland Empire radio station, although he
     "declined to name" the station.  MSE is also "one of several
     companies negotiating with Ontario to build a new sports
     arena."  An MSE exec said that the move to buy the station
     is "tightly intertwined" with the company's effort to build
     the new arena.  MSE plans to bring a hockey team to the area
     if selected to build the arena (ONT, BUSINESS PRESS, 1/11).