SBD/5/Sports Media

HBO LOVES TO STEP IN THE RING: INKS BOXER DAVID REID

          Junior middleweight David Reid has signed a multi-fight
     agreement with HBO Sports.  Reid is promoted by America
     Presents (HBO).  HBO Sports Senior VP/Programming Lou
     DiBella: "It's an exclusive agreement to HBO on pay
     television and to TVKO on pay per view, but he can fight on
     network TV or basic cable to keep busy."  In Philadelphia,
     Jay Searcy reports that the length of Reid's contract "is
     not precise," but DiBella said Reid will fight at regular
     intervals on HBO, will have his first title fight on HBO,
     and if he wins a world title, HBO will have certain rights. 
     Reid, who has a five-year, $30M contract with America
     Presents, will receive about $250,000 for his pre-title HBO
     fights (Jay Searcy, PHILADELPHIA INQUIRER, 2/5).  

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