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NASCAR TV deal looms: $4.4 billion from Disney, TNT

Vrroom, vroom: The Miami Herald reports that while NBC clearly thinks NASCAR is a money-losing pit of white-hot flame, mikelaughlin[1].jpg Disney’s ABC/ESPN and Time Warner’s TNT will announced as early as tomorrow that they’ll pay a combined $4.4 billion to air decals hurtling past crowds of white folk in flab-hugging T-shirts. nascar_fans.lg[1].jpg

Perhaps not coincidentally, the Financial Times is reporting that Disney is readying to jettison ABC Radio in a move that might net it between $2 billion to $3 billion by the end of this year. Yee-haw!

Mediabistro Course

Children's Picture Book Writing

Children's Picture Book WritingStarting September 15, this part lecture, part workshop course will take you through the process of outlining, writing, editing, and submitting a children's picture book. Taught by a published children's book author, Dashka Slater will teach you how to write in pictures, hook readers and editors with your story, apply the nuts and bolts of marketing, and more. Register now!