Comcast bids to buy Disney
Comcast has made an offer to purchase the Walt Disney Co., which owns ESPN. Analysts say the deal may be good for Disney stockholders, who could realize as much as a 30 percent premium for their stock. If consummated, the deal would bring together the sports operations of Disney-owned ABC and ESPN with Comcast’s professional sports franchises and cable sports channels under one corporate umbrella.
HDNews to launch, delivering HD news, sports, weather 24/7
Rainbow DBS' VOOM has announced the launch of the first-ever 24/7 national high-definition news channel, HDNews (HDN). HDN delivers news headlines, weather information, sports highlights, and more in HD to subscribers of VOOM.
For more information, please visit: http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=SVBIZINK1.story&STORY=/www/story/02-12-2004/0002108376&EDATE=THU+Feb+12+2004,+08:10+AM.
SportsLink L.A. to exhibit at 2004 NBA All-Star Jam Session
SportsLink L.A., a division of Adlink, will exhibit at the 2004 NBA All-Star Jam Session held in the South Hall of the Los Angeles Convention Center. The company will display its unique television advertising opportunities, which account for nearly 75 percent of sports programming seen in the Los Angeles market.
Kroenke Sports Enterprises to launch regional TV network
Kroenke Sports Enterprises, the parent company of the NBA's Denver Nuggets, the NHL's Colorado Avalanche, the NLL's Colorado Mammoth, and the MLS's Colorado Rapids, will launch a regional television network that features sports and entertainment. The as-yet-unnamed network will debut in September and offer service in many of the states in the western Rockies. It will feature regional professional sports as well as college and high school athletics.
For more information, please visit: http://www.coloradoavalanche.com/news/currentdetails.asp?ID=123.
News Corp. reports eighth consecutive quarter of year-on-year growth, strong ad demand for broadcast sports
News Corp. reported strong quarterly revenue growth this week. Operating income in the television segment was up slightly as demand increased for advertising on the broadcast network’s sports schedule.
For more information, please visit: http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20040211005341&newsLang=en.