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Technology Stocks : Gemstar Intl (GMST)

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To: Big Kahuna who wrote (323)9/16/1999 12:48:00 PM
From: NY Stew  Read Replies (1) of 6516
 
Sony,

Page 12 of the '99 Gemstar Annual Report:

In October 1998, the Company entered into a multi-year agreement with Sony's Digital Network Solutions Co. division which agreed to incorporate the Gemstar Guide Technology in all of its satellite and digital terrestrial set top boxes in United States, Canada and Japan. Sony agreed to pay Gemstar a per-unit license fee based on platform and territory, as well as an up-front payment.

Stew
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