Cable-TV players continue to choose high-tech partners
Article Abstract:
Cable television companies are allying themselves with technology companies, positioning themselves for the coming competition over standards and equipment for interactive services. For example, Time Warner Inc, the nation's second-largest cable company, has agreed to work with Silicon Graphics Inc to develop interactive multimedia services for a test that will be conducted in Orlando, FL. In another alliance, Motorola Inc and Scientific-Atlanta Inc will work with a joint venture of Apple and IBM to develop digital cable-TV converter boxes. DSC Communications Corp will cooperate with Scientific-Atlanta to deliver video and related services to network providers. Tele-Communications Inc agrees to buy as many as a million TV converter boxes from General Instrument Corp. R.H. Macy & Co, which is starting its own home shopping service, will get help for order fulfillment and customer services from Home Shopping Network Inc.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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TCI's new plan to restructure gets a mixed response
Article Abstract:
Tele-Communications Inc (TCI) unveiled its plans for a restructuring of its The Nasdaq stock market reported that TCI's Class A common stock rose 2.3% or 50 cents to close at $22.50 on volume of over five million shares. TCI plans to distribute a new class of common stock in order to monitor the performance of its Liberty Media programming unit. The company is also planning to offer up to 20% of its international business unit to the public through an initial public offering. Analysts received news of the offering positively but said they would wait to see the plan executed in the market before making a judgement about the plan. TCI announced in 1994 that is was planning to split its company into a number of divisions in the hopes that Wall Street would upgrade the value of the individual parts.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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Need more TV? TCI may offer 500 channels
Article Abstract:
Tele-Communications Inc (TCI), the nation's largest cable television operator, plans to roll out digital-compression technology that could enable it to provide subscribers with 500 or more channels. TCI hopes to have the technology in one million homes by early 1995. TCI Pres and CEO John Malone foresees a cable system in which subscribers have instantaneous access to dozens of pay-per-view channels that run around the clock. This cable system of the future would also have scores of niche channels, sports of every kind, multiple versions of MTV and HBO, and free channels for interactive and computer services. It remains to be seen if consumers will want to pay a stiff price for a myriad of new services.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1992
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