Beachport Entertainment Corp. Announces Deal With Fox Sports Network and Speedvision; Beachport Motorsports Subsidiary to Produce Protruck Off-Road Stadium Series.LOS ANGELES--(BUSINESS WIRE)--Feb. 11, 1998--Beachport Entertainment Corp. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BPRT) CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Barry Mendelson announced today the company's newly formed subsidiary, Beachport Motorsports Inc., has signed a major multi-year television package with the FOX Sports Network and Speedvision for the six-race 1998 Ivan Stewart's Protruck Off-Road Stadium Series. Six of the new Protruck Off-Road Stadium Series races will be televised with a one hour program on FOX Sports and two shows on Speedvision. Production will be provided by Global Television with distribution through First Auto Sports Television Inc. (FAST). Beachport will participate in all revenues generated from television, ticket sales, parking, concessions and sponsorship rights. The inaugural race will held at Sam Boyd Stadium Sam Boyd Stadium is a football stadium located in Las Vegas, Nevada. The stadium is named after Sam Boyd. The stadium consists of an uncovered horseshoe-shaped single-decked bowl. Temporary seating is occasionally erected in the open north end zone as needed. in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. on March 7. Other scheduled race sites include the Memorial Coliseum in Los Angeles on March 28, University Stadium in Albuquerque on April 11, B.C. Place in Vancouver, British Columbia on May 9, and two final races on May 15 & 16 in the Tacoma Dome in Seattle. Prominent motorsports announcer Chris McClure will anchor the television shows, which will run as must-air programming on the FOX Sports Network in prime time on Saturdays, two weeks following the live event. The FOX one hour show will be shown on Speedvision and a second half-hour show will air on Speedvision only. Commenting on the announcement, Sidney Shlenker, Beachport chairman commented: "We are excited to be able to announce alliances with the Fox Sports Network and Speedvision, as well as Ivan Stewart and his Protruck Stadium Series. Motorsports has become a leading revenue producer in the sports world, and Beachport is happy to be entering the industry with such powerful players. We anticipate our new Beachport Motorsports division will be a major contributor to Beachport's overall revenues and earnings as we advance our business model." While several different classes of off-road race vehicles will be part of the 1998 six-race schedule, the featured division will be Protrucks, developed in San Diego by off-road racing legend Ivan "Ironman" Stewart. The Protruck class is powered by a 400 horsepower Ford, Dodge or Chevrolet V-8 small block with a 9:5:1 compression ratio, assuring tremendous performance while keeping the trucks very cost effective to maintain. Beachport Entertainment Corp. develops, produces and distributes a diversified array of live family entertainment, sporting events and television programming. The company maintains agreements and ongoing relationships with CBS/FOX, NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. (GE), and Westinghouse and was the first U.S. company to operate a broadcast network. , ESPN ESPN Entertainment and Sports Programming Network , A&E Network, Fox Sports Network, Speedvision and Polygram. The company is represented by ICM ICM Intercom ICM Integrated Crop Management ICM International Congress of Mathematicians ICM Information Classification and Management ICM Intelligent Contact Management (Cisco) ICM International Creative Management and the William Morris Agency Founded in 1898, the William Morris Agency is the largest diversified talent and literary agency in the world, with offices in New York City, Beverly Hills, Nashville, Miami, London, and Shanghai. . CONTACT: Beachport Entertainment Corp. Barry Mendelson, 310/826-2636 or Liviakis Financial Communications John M. Liviakis, 916/448-6084 |
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