MEDIA

K-III Buys Football Magazine: K-III Communications Corp. said it had acquired Pro Football Weekly from its owners--USA Sports, PFWA Investors and Jones Sports--for an undisclosed amount. Chicago-based Pro Football Weekly, which has a distribution of about 100,000 copies, also publishes other football-related publications, operates a radio and television syndication business and distributes news and statistics to newspapers and information services. New York-based K-III publishes the Daily Racing Form as well as other publications.