I would expect a PR very soon. I like the sound of it, Liberty IATV Events,Inc.
Also in
accordance with the terms of the Agreement, LMC and the Issuer caused their
respective subsidiaries, Liberty IATV Events, Inc. and ACTV Entertainment, Inc.,
to form a Delaware limited liability company, LMC IATV Events, LLC (the "LLC"),
pursuant to an operating agreement, dated September 21, 1998 (the "Operating
Agreement"), for the purpose of providing, through a sub-license agreement with
ACTV Entertainment, Inc. (the "Sub-license Agreement"), for the LLC's use of
Issuer-owned individualized programming technologies currently licensed to ACTV
Entertainment, Inc. The initial term of the Sub-license Agreement is five years. |
