National Lampoon Buys College Net

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J2 Communications' National Lampoon purchased the assets of college cable
channel Burly Bear Network from Lorne Michaels' Broadway Video and Constellation
Ventures.

The deal, for an unspecified combination of cash and stock, not only gives
National Lampoon the cable-delivered network -- which reaches some 3.5 million
students at 400 colleges -- but archival programming that was created to
entertain the college crowd.

Burly Bear, which ceased operations in July, had secured a late-night
one-hour programming block on TBS Superstation that began running last
September.

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