GULF AND WESTERN <GW> UPS INTEREST IN NETWORK
USA Network, today said it has acquired
Time Inc's <TL> one-third interest in the network.
    The network, formerly a joint venture between Time, Gulf
and Western Inc and MCA Inc <MCA>, said that Gulf and Western
and MCA, who each previously held a one-third interest, now
will jointly own USA Network on a 50/50 basis.
    Terms were not disclosed, USA Network said.
    USA Network is an advertiser-supported, entertainment basic
cable network, reaching 39 mln homes on 8,500 cable systems.
 Reuter
