The Washington Post Company to Sell Rights to Detroit Tigers and Pistons to Fox Sports Detroit.WASHINGTON--(BUSINESS WIRE)--Aug. 27, 1997--The Washington Post Company announced Wednesday that Post-Newsweek Stations, its broadcast division, has reached an agreement to sell the exclusive cable telecast rights to the Detroit Pistons and Detroit Tigers to FOX Sports Detroit (FDS FDS Fim-De-Semana (Portugese: weekend) FDS Federated Department Stores, Inc. FDS Fiche de Données de Sécurité (Material Safety Data Sheets) FDS Famicom Disk System FDS Faculty of Dental Surgery ). The transaction is subject to regulatory and other approvals. PASS Sports, Post-Newsweek Stations' Michigan cable regional sports network In the United States of America, a Regional Sports Network, or RSN, is a cable television station that presents sports programming to a local market. The most important programming on an RSN consists of live broadcasts of professional and college sporting events, as those games , currently has the exclusive cable telecast rights to the Detroit Pistons and Detroit Tigers. In announcing the sale, Alan G. Spoon, president of The Washington Post Company, said: "Our relationship with the Detroit Pistons and Tigers has helped PASS Sports grow from 770,000 households when we acquired the network in 1992, to 1.6 million now. However, the consolidation of cable regional sports networks makes this a good time for us to sell our cable rights." Under Post-Newsweek Stations, PASS Sports converted from a primetime-only pay channel to a 24-hour basic cable service. The network serves all of Michigan and northwest Ohio and operates out of WDIV, the Post-Newsweek station in Detroit. Post-Newsweek Stations owns and operates six network-affiliated VHF (Very High Frequency) The range of electromagnetic frequencies from 30 MHz to 300 MHz. television stations: WDIV, the 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. affiliate in Detroit; KPRC KPRC Kansas Polymer Research Center KPRC Ernest A. Love Field (airport) , the NBC affiliate in Houston; WPLG, the ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. affiliate in Miami; WFSB, the CBS affiliate in Hartford; KSAT KSAT Knowledge, Skills, Abilities, and Tools KSAT Killer Satellite (video games\) , the ABC affiliate in San Antonio; and WJXT, the CBS affiliate in Jacksonville. An agreement to trade the assets of WFSB for the assets of WCPX, the CBS affiliate in Orlando, was announced in June. The Washington Post Company is a diversified media organization whose principal operations include newspaper and magazine publishing, broadcasting, and cable television systems. The company also produces electronic information services, provides test preparation, education, and career services, and offers online information covering federal and state legislative and regulatory activity. CONTACT: The Washington Post Company Laura Benavides, 313/222-0643 |
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