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Technology Stocks : C-Cube
CUBE 35.89+0.1%Dec 26 3:59 PM EST

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To: BillyG who wrote (31535)3/27/1998 4:26:00 PM
From: John Rieman  Read Replies (1) of 50808
 
Movies...............................

ijumpstart.com

Denver-A vast movie offering will be Digital Cable's killer application, Encore Media Group's CEO John Sie tells TCI's [TCOMA] conference yesterday. Pointing to data from an ongoing field study in a TCI 53K HH Midwestern system, of 376 basic-only customers surveyed, 92, or 24%, signed up for Digital Cable and the Encore Thematic Multiplex of 12 channels. The ability to replicate the video store will be a huge driver for digital penetration, Sie says. By offering a viable alternative to the video store, Digital Cable can win over the 68% of cable subs who don't subscribe to a pay service. Based on the first two months of 1998, Sie projects EMG revenues for '98 will reach $485mln, up from $355mln in '97 and EMG's pay units will grow by $7mln to $45mln by year end.
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