2Market to issue its third edition

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CD-ROM catalog company 2Market will issue its third edition disc in early November, featuring content from 18 catalogers. That's down from 27 participants last year and 21 in the catalog's first year, 1993. New to the disc this year are F.A.O. Schwarz, Eddie Bauer, Fossil Watches, Starbucks, Greet Street and Felissimo. 2Market is also available via America Online.

Paxson Communications Corp. and Shop at Home, the electronic retailing industry's fourth largest TV retailer, have signed a letter of intent granting Paxson rights to acquire more than 50% of the outstanding stock of Shop at Home. The announcement marks a bold re-entry by PCC into the home shopping and telemarketing business, an industry that PCC chairman and CEO Lowell "Bud" Paxson helped form as creator and cofounder of the Home Shopping Network in the early 1980s. Paxson, a diversified broadcast company, owns and/or operates 20 radio stations, 22 TV stations, 4 statewide radio networks and 4 regional sports radio networks and a 24-hour infomercial network that reaches more than 16 million TV households.

Copyright October 1995 Crain Communications Inc.

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