MAY 10, 2002
Premiere TV boss hopeful
Our sources in the F1 paddock say that revenues from TV are down this year by 30% because of the collapse of Kirch, the South American channel PSN and some of the regular free-to-air broadcasters.
According to rumors in Germany Rupert Murdoch, John Malone and Bertelsmann are all interested in saving Premiere, which shows the pay-per-view Formula 1 coverage in Germany. Murdoch's BSkyB already owns a 22 percent stake in KirchPayTV.