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Record #:
14879
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Abstract:
Dee Birke and Rick Ray of Charlotte maxed out their credit cards in 1978 to buy the television rights for their first sports venture - the Great Alaska Shootout. They gambled that die-hard N.C. State basketball fans would tune in to see their team. They did, and Raycom Sports was born. It is now the country's largest sports syndication company, growing from $80,000 in net advertising sales in 1979 to a projected $30 million in 1985.
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