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TVG Deal Opens NJSEA to TrackNet

TVG Deal Opens NJSEA to TrackNet

A deal struck between TVG and the New Jersey Sports and Exposition Authority extends the network's previous agreement for rights to signals from Monmouth Park and Meadowlands, but allows the NJSEA to separately negotiate with entities affiliated with TrackNet Media Group.

DIRECTV Part of Package Purchased by News Corp.

In a deal announced April 9, Rupert Murdoch's News Corp., part owner of TV Games Network parent Gemstar-TV Guide, would acquire General Motors' stake in Hughes Electronics and another piece of Hughes from public shareholders.

TVG's Parent Company Reports Greater Third Quarter Losses

The TV Games Network's parent company reported a 13.5% increase in net loss for the third quarter ending Sept. 30. The increase in losses was attributed to charges related to the merger between Gemstar and TV Guide in July 2000 and to higher operating expenses.

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