FOX LIBERTY ON VERGE OF ACQUIRING SPEEDVISION, OUTDOOR LIFE

          Fox Liberty Sports (FLS) "is negotiating to buy" a 35%
     stake in the SpeedVision and Outdoor Life Channels for
     "about" $100M, reports John Dempsey of DAILY VARIETY.  FLS
     could make the purchase "this week" from the three existing
     owners, Cox Communications, Media One and Comcast.  Dempsey
     writes that under terms of the deal, FLS and Cox "would each
     end up with" 35%, with Media One and Comcast dividing the
     remaining 30%.  Cox would "continue its role as the managing
     partner" of the two channels, but a clause in the contract
     would allow FLS "to increase its percentage to majority
     ownership within the next four years."  ESPN and CBS
     SportsLine "looked at buying a stake" in the channels, but
     "objected to keeping majority ownership in Cox's hands for
     as long as four years" (DAILY VARIETY, 3/17).