Re: FW: Speedvision to become NASCAR channel...

[Nathan Dana <phishy20_1@yahoo.com>]

NO!!!
Speedvision is just getting really good.  The nice thing about
SPeedvision is the low Nascar content.  I have no problem with them
covering nascar (it is racing afterall), but I want my continued rally
and formula one coverage!

--- Victor Farren <vfarren@dis.cdie.org> wrote:
> Holy shit, say it ain't so!  Got this from a buddy of mine.  If this
> is true, this REALLY bites.
> 
> Victor
> 
> 
> 
> From: Son Nguyen <snguyen@hydra.acs.uci.edu>
> Date: Thu, 28 Jun 2001 15:05:55 -0700
> To: a2_16v@connecticom.com 
> Subject: Speedvision to become NASCAR channel...
> 
> The plan is to convert Speedvision, an existing cable network
> reaching
> 41 million households, to the NASCAR Channel. By comparison, The Golf
> Channel, launched in 1995, reaches 37 million homes.
> A name hasn't been selected, but it is expected to include NASCAR.
> NASCAR has already licensed its name to Fox for a motorsports cable
> channel.
> Fox parent News Corp. owns a third of Speedvision and is negotiating
> for an
> 80% stake with other shareholders.
> David Hill, Fox Sports chairman, says the deal should be finished by
> August.
> "We haven't finished the acquisition yet," Hill says. "I don't think
> the ink's dry on the paper until August so we can't do anything yet.
> We're doing a heck of a lot of planning."
> Industry experts say the revamped Speedvision will emphasize NASCAR
> while incorporating other forms of racing and automotive collectors'
> shows.
> Speedvision generates $75 million per year in revenue, with annual
> advertising gains of 40% to 50% the past five years. It became
> profitable last year.
> 
> 
> 
> 
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