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Non-Tech : Todd-AO (todda)

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To: Bill Bishop who wrote ()3/31/2000 1:51:00 AM
From: Xenogenetic   of 58
 
From Forbes 10/18/99:

forbes.com

"Malone also wants to invest in "infrastructure" firms. "There's an entire industry to create, from distributing interactive ads to billing to getting product to the person who points and clicks on cubic-zirconium jewelry they've got to have," he says.

This summer Liberty paid $163 million in Liberty Media stock for controlling stakes in two video studios, Todd-AO and Soundelux. They could be the start of a digital production empire for on-line advertisers. He figures that when General Motors one day launches a sport utility vehicle with interactive ads, it won't have to wade through rival technical standards for cable, DirecTV and the broadcast networks. Liberty will do the leg work."
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