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Closed Circuit Rights

Step two involves closed circuit
television rights. The clincher here
is that the fight positively will not
be aired on the radio, seen the
following Saturday on ABC's Wide
World of Sports (as is usually done
with heavy-weight encounters of
significance), or later shown in a
newsreel. Of course if one is willing
to wait awhile a movie might be
made, but it could be a rather long
wait. GUTS, a syndicate headed by
such notables as Andy Williams, is
in on 35 per cent of the action
here, with shrewd Perenchio dealing
the other 65 percent to himself and
to Mr. Cooke.