Following MCA's renaming to Universal Studios by Seagram's,
MCA TV renamed itself to
Universal Television Enterprises, and acquired all of the assets from
Multimedia Entertainment, which Universal bought out in 1996, including
The Jerry Springer Show. On October 20, 1997, Universal announced it would sell USA Network, Sci-Fi Channel, Universal Television and the rights to the 1929-1949
Paramount Pictures sound feature film library to HSN Inc. (a company owned by Barry Diller) for $4.075 billion, who renamed it to
Studios USA Television LLC. The deal was closed in 1998.
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