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RESORT SPORTS NET GAINS $5M IN FINANCING TO FUEL EXPANSION

          Rory Strunk, owner of Resort Sports Network (RSN), a
     company that owns five TV stations at ski resorts and
     provides programming and ad sales at another 30, is ready to
     take his company "to a higher level," according to Clarke
     Canfield of the Portland (ME) PRESS-HERALD.  Media Metrix
     noted that RSN's Web site, located at http://www.rsn.com,
     "has grown to be the 12th most-visited sports Web site." 
     The site features such advertisers as Kodak, AT&T, Visa and
     J. Crew.  Strunk is planning to use a $5M investment from
     Boston-based investment company Pilot House Associates to
     "integrate" the TV and Internet ends of the company by
     upgrading the "digital capabilities of his TV stations so
     their programming can be shown on the Internet."  Strunk:
     "We want to dominate the alternative winter lifestyle
     market.  Five years from now we hope to build this company
     to a $70 million-a-year business."  U.S. Ski & Snowboard
     Association VP Tom Kelly said that the U.S. Ski Team chose
     RSN "as its Internet partner after initially teaming with
     Sprint and CBS SportsLine."  Since joining with RSN, the Web
     site "has quadrupled" its visitor count.  Kelly: "It's been
     a very productive partnership" (Port. PRESS-HERALD, 8/10).  

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