TIME WARNER CALLS A TIMEOUT ON ITS PLANNED SPORTS "HUB"

          Time Warner has been "working for months to set up
     profit-driven business models for five so-called Internet
     hubs," and today launches its Entertaindom hub, according to
     Lisa Brownlee of the N.Y. POST.  But the company "has
     quietly scrapped plans for two other hubs -- one devoted to
     lifestyle and another devoted to sports."  Brownlee: "While
     sports and lifestyle will have a presence on the web, there
     are no longer any plans to put them at the center of
     businesses, suggesting the economics simply weren't there." 
     CNN/SI President Jim Walton was responsible for development
     of the sports hub.  Company officials would not discuss why
     plans had changed for a sports hub (N.Y. POST, 11/29).