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Technology Stocks : Loral Space & Communications

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To: Jeff Vayda who wrote (10199)	9/23/2002 8:59:46 AM
From: Jeff Vayda	Read Replies (1) of 10852

Loral, Hearst-Argyle Build Network Bedminster, N.J.-based Loral Skynet, a subsidiary of Loral Space & Communications [LOR], agreed to build the Hearst-Argyle Television's [HTV] master hub station in Orlando, Fla. The deal is the latest step in the long-term professional services agreement to create a content delivery and digital satellite newsgathering network for Hearst-Argyle, Loral Skynet officials said. The planning and design of the initial network will involve providing antennas, digital video encoding equipment, facility management systems, and data channel equipment to communicate with remote stations and manage content, the officials said. The network is intended to support digital satellite news gathering operations and to provide Hearst- Argyle with a platform for centralized content distribution to its group of stations. The delivery network, including the hub in Orlando and four other television stations is expected to launch in the first quarter next year, company officials s

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