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Technology Stocks : Telewest Communications Plc - TWSTY

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To: Xenogenetic who wrote (2)	5/20/2001 12:31:54 AM
From: Xenogenetic	of 3

Telewest Will Supply Broadband Link For Sony Playstation 2 Games Console Dow Jones Newswires May 17th 2001 LONDON -- Telewest Communications PLC and Sony Corp.'s Sony Computer Entertainment Europe Thursday announced an agreement to combine Telewest's broadband network with Sony's Playstation 2 games console. The deal will create Europe's first broadband connection with a computer entertainment system, and is the latest step taken by Sony to convert the PlayStation 2 into a hub for home entertainment that can tap into speedy Internet connections to homes. The companies said they will start technical trials by year end. The collaboration will potentially offer services such as online gaming, videogame downloads and editorial content, according to Sony. Sony announced Wednesday it will include RealNetworks' RealPlayer 8 software, one of the leading programs for downloading audio and video from the Internet, with programming tools used by all PlayStation 2 software developers. The companies say the arrangement could lead to a range of new uses for the PlayStation 2; Hollywood studios, for example, might transmit film previews to consumers. This week, Sony said it would work with AOL Time Warner Inc. to incorporate instant messaging, e-mail and other AOL communications features into the PlayStation 2. Microsoft is targeting the videogame market with its forthcoming Xbox, a new device that will include a hard drive for storing data and high-speed Internet capabilities.

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