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Getty Oil buys majority stake in cable network firm
Getty Oil Co agreed to acquire up to 85 percent of Entertainment and Sports Programming Network Inc a Plainville Conn based cable supplier. The deal signals growing investor interest in cable TV alongside Storer and Teleprompter activity as networks plan nationwide expansion and 24 hour sports programming.
MENTIONED IN THIS ARTICLE
N.Y. Times News Service
New York
Getty Oil Company
Sports
Plainville
Conn
Storer Broadcasting Company
Miami
Teleprompter Corporation of
Federal Communications Commission
Young & Rubicam Inc
Stuart W. Evey
Getty
William F. Rasmussen
Dennis Randall
Zaré
National Collegiate Athletic Association
Gramming
Association
Bristol
Satcom 1
RCA Communications