ESPN, GLOBOSAT, AND FOX SPORTS PARTNER TO FORM NET IN BRAZIL

          ESPN, Globosat Programadora and Fox Sports Int'l have
     joined to create a new 24-hour sports network in Brazil. 
     Effective early next year, ESPN's existing pan-regional
     network will be re-branded ESPN Fox Sports, and will reach
     2.7 million TV homes in Brazil via Globosat's terrestrial
     and digital satellite operations.  Each of the three cable
     partners will have equal ownership in ESPN Fox Sports in
     return for their contribution of int'l sports rights,
     production, distribution, capital and other operational
     resources.  ESPN Fox Sports will feature NBA, MLB, NHL and
     PGA Tour events from the U.S., and also show sports events
     from Europe, South America, and Australia.  ESPN Fox Sports
     will be based in Rio at Globosat's broadcast facilities. 
     This marks the second partnership between ESPN and a Fox
     Sports entity, as ESPN entered into a joint venture with
     STAR TV in Asia called ESPN STAR Sports in '96 (ESPN Int'l).