After long, often acrimonious negotiations, Big Ten Network reached a long-term carriage agreement with Comcast that puts the channel on the expanded basic tier during the next football and basketball seasons in the eight states where the conference’s 11 colleges are located. A joint venture of the Big Ten Conference and Fox Cable Networks, Big Ten Network launched last August and has about 30 million subscribers.
For Best Buy’s most recent quarter, sales of flat-panel televisions were a bright spot. For Circuit City, it was the bright spot. The two largest U.S. electronics retailers, which reported fiscal-first-quarter earnings this week, both said flat-screen TV sales increased for the quarter ended May 30 on more demand for digital television sets in advance of the U.S. switchover to digital broadcasts next February.
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