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TNT, TBS set rebates for lost games.

NEW YORK Time Warner's TNT and TBS will give a total of about $17 million back to cable operators for the loss of 32 pro-basketball games that were never played during 1998-99 because of the owners' lockout of players.

Rebate will consist of a one-time-only payment of about 25> per subscriber. Turner Network Sales, which is doling out the coin, had no comment, but one knowledgeable person said TNT/TBS will get an undisclosed amount of cash from the National Basketball Assn. to help make up for loss of ad revenues from the 32 missed games.

NBC, which owns broadcast-network rights to NBA games, will also get some coin from the NBA.

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Author:Dempsey, John
Date:Jun 21, 1999
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