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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV

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To: Craig Jacobs who wrote (7965)11/22/1999 4:28:00 PM
From: Craig Jacobs  Read Replies (2) of 13157
 
<<The World Wide Web as we know it today is just the beginning for online, interactive entertainment," stated Erick Hachenburg, president and CEO of TEN. "With the coming emergence of broadband and hand-held connectivity devices, new markets for 'family content' are opening up. With the addition of Liberty Digital and Nokia Ventures, TEN is positioned as the early leader in targeting those platforms." Liberty Digital is Liberty Media Corporation's primary vehicle for investment in, and development of, new media, Internet and interactive services.

"We're very pleased to be investing in TEN," said Bruce Ravenel, executive vice president of Liberty Digital. "Liberty has a proven track record of identifying new entertainment sectors and developing channels around them, and we expect the relationship between Liberty Digital and TEN to yield similar results as interactive content becomes broadly available via cable. In this light, TEN is both a strategic investment and a valuable partner for us."

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