Video-game innovator lures corporate giants to 'interactive' media: Trip Hawkins signs up MCA, AT&T and Time Warner to support his standard
Article Abstract:
3DO CEO Trip Hawkins is bringing together an eclectic mix of media and consumer electronics companies in an effort to develop a long-sought technology, digital interactive video. Hawkins wants to establish a global standard for interactivity and put his products in every home. He has already signed agreements with Time Warner Inc, Matsushita Electric Industrial Co and AT and T. 3DO faces stiff competition from Nintendo and Sega, which are adding CD-ROM drives and other interactive technologies to their game products; Apple and IBM, whose Kaleida venture is developing a CD-based format; Microsoft's MPC format; and Sony Corp, which is selling three CD-based formats. Other CD formats are on the market, but they are all incompatible. 3DO hopes to establish a beachhead in the nascent market by selling a half million copies of its first product for about $700 apiece.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1993
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MCA in pact with company planning new interactive entertainment service
Article Abstract:
MCA Inc's Universal Studios division is planning to develop software for Enter Television Inc in exchange for an equity stake in the company. Enter Television is planning to develop a new method for communicating on online information services that will rely on computer identities that communicate by voice in real-time and will be operational on basic telephone lines. The start-up company has raised almost $15 million in venture capital and is planning to develop its new services by early 1996. Users will be able to choose any sort of character to represent themselves and will be able to participate in online chat services, shopping services or game-playing user groups. The urge to socialize in an anonymous environment has been one of the greatest factors driving the rapid growth of on-line services, and this service will fit well into that demand.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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New York judge rules Prodigy responsible for on-line content
Article Abstract:
A New York state judge has eliminated Prodigy Services Co's only defense in a seminal libel suit by ruling the on-line service company is accountable for the content of its subscribers' e-mail messages. New York state Judge Stuart L. Ain said, in the multi-million dollar suit against Prodigy, the company can be held responsible because it functions more like a publisher than a passive purveyor of data. The ruling acts as the go ahead for Stratton Oakmont, in a suit filed by the investment banking firm, which claims Prodigy is liable for a message posted in Oct 1994 by a user accusing the firm of criminal conduct. The case will have a significant impact on the on-line information services industry, which claims it cannot monitor electronic messages any more easily than a bookstore can monitor what it publicly markets.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1995
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