Greg...AOL and cable access is a top priority of Case and company...Internet Analyst, Keith Benjamin, with BancBoston Robertson Stephens, said in a recent report, he expects to see a MAJOR cable deal BEFORE the end of '98....For all the shorts out there, this deal will just cause AOL stock price to accelerate....Here is a clip from a MSNBC article yesterday (24th)...I wonder what impact next week's Western Cable show in Anaheim, CA, in which AOL is expected to unveil some aspect of what it is calling AOLTV, will have on it's stock price?..Interesting.
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<<One of the first targets of AOL's expansion is likely to be cable television. AOL purchased NetChannel Inc., a developer of Web-enhanced television content, last May. Since then, analysts have been anxiously awaiting the arrival of “AOLTV” — a name that AOL reportedly trademarked earlier this year.
Rick Doherty, an analyst with Envisioneering Group in Seaford, N.Y., says AOL is currently negotiating with a number of cable operators to gain carriage for an AOL channel that will allow viewers to access and, to a limited extent, interact with AOL content that is “pushed” to their television sets. Existing models for such a service are Microsoft's WebTV and WorldGate, which allow TV viewers to access Internet content without booting up a computer. (Microsoft is a partner in MSNBC.)
Doherty believes AOL is hoping to wrap up its discussions and unveil its first carriage agreements for AOLTV at next week's Western Cable Show in Anaheim, Calif. AOL could not be reached for comment on such an announcement.>>
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Regards, George |
