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Technology Stocks : C-Cube

CUBE 35.58

-2.0%

Dec 9 3:59 PM EST

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To: DiViT who wrote (48094)	1/7/2000 1:06:00 PM
From: BillyG	of 50808

TiVo in video-on-demand deal with Blockbuster By Reuters Special to CNET News.com January 7, 2000, 9:20 a.m. PT DALLAS--TiVo, a subscription-based TV programming service, and Blockbuster said today they will expand Blockbuster's video rental business to an entertainment service delivered through TiVo. The companies said in a statement that they would work together to develop a "video-on-demand-like service" that would let TiVo subscribers get a selection of movies for viewing through their TiVo receivers. TiVo and Blockbuster said they would work toward deployment of the service in the coming year. The TiVo/Blockbuster alliance also includes cross-promotional opportunities. Much-anticipated video-on-demand services, which offer the ability to order and promptly watch one's selection from a library of movies, are nearly a reality. Several trials of the technology were announced at last year's Western Show, the cable industry's answer to the Comdex trade show. Digital video recorders (DVRs), which allow television viewers to pause and rewind live TV by recording video streams to the device's hard drive, are also slowly gaining ground.

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