C-Cube Message Board - Msg: 5982450

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Technology Stocks : C-Cube

CUBE 37.23

-0.3%

Nov 28 9:30 AM EST

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To: BillyG who wrote (36623)	10/10/1998 4:39:00 PM
From: John Rieman	Read Replies (1) of 50808

Time-Warner is ready to launch Pegasus. Finally.................... October 09, 1998 Time Warner Preps Digital Service Stamford, Conn. -- Time Warner Cable, satisfied that most technical wrinkles are smoothed out and that programming agreements are shaping up, is moving ahead to finally launch and unveil plans for its digital-programming service, code-named "Athena." Athena will mark Time Warner's entrée into digital-video services, and it will be offered to its subscribers through its "Pegasus" digital set-top boxes. Athena will essentially be Time Warner's souped-up equivalent of Tele-Communications Inc.'s Headend in the Sky and its Digital Cable tier. Time Warner's digital-video package -- which will have a long list of basic specialty channels, as well as enhanced pay-per-view and pay multiplexes -- is meant to be a formidable offensive weapon against direct-broadcast satellite. more............. multichannel.com

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