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PARAMOUNT COMMUNICATIONS BOARD TAKES NO ACTION ON QVC PROPOSAL

 NEW YORK, Sept. 27 /PRNewswire/ -- Martin S. Davis, chairman and chief executive officer of Paramount Communications, Inc. (NYSE: PCI), today said: "The board of directors met today and took no action on the QVC (NASDAQ-NMS: QVCN) proposal. Paramount will consider the QVC proposal when there is satisfactory evidence of financing."
 -0- 9/27/93
 /CONTACT: Jerry Sherman of Paramount Communications, Inc., 212-373-8725, or Jeffrey Z. Taufield of Kekst and Co., 212-593-2655/
 (PCI QVCN)


CO: Paramount Communications, Inc.; QVC Network ST: New York, Pennsylvania IN: ENT SU:

CK-OS -- NY083 -- 6049 09/27/93 15:54 EDT
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Publication:PR Newswire
Date:Sep 27, 1993
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