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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV
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To: art slott who wrote (6604)9/16/1999 1:11:00 AM
From: art slott  Read Replies (1) of 13157
 
DJ Viacom, ACTV Units In Interactive Internet/TV Venture

NEW YORK (Dow Jones)--Viacom Inc.'s (VIA) Showtime Networks Inc.
unit formed a venture with ACTV Inc.'s (IATV) HyperTV Networks Inc.
unit to provide television viewers with complementary Web content for
Showtime programming.
Financial terms weren't disclosed.
In a press release Wednesday, Showtime said the companies plan to
launch a pilot program in the fourth quarter that allows viewers to
receive online information about programs airing concurrently on
Showtime.
The program will begin with Showtime's Sci-Friday programming lineup
and boxing franchises, the company said.
A company spokesman said the companies expect to expand the online
venture to include additional Showtime programs, subject to consumer
response.
Showtime will use HyperTV's technology to provide programming
information to television viewers who own both a TV sets and
computers, allowing them to answer trivia questions and correspond
with each other online, the spokesman added.
ACTV, New York, develops programming for emerging digital and
Internet platforms.
Viacom, New York, is an entertainment company.
-Leah McGrath; 201-938-5400
(END) DOW JONES NEWS 09-15-99
01:27 PM
- - 01 27 PM EDT 09-15-99

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