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Technology Stocks : Son of SAN - Storage Networking Technologies

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To: George Dawson who wrote (1169)	4/16/1999 11:09:00 AM
From: J Fieb	Read Replies (1) of 4808

How will they build this video network? dailynews.yahoo.com Wednesday April 14 6:26 PM ET Sony, IBM To Provide Video Archive NEW YORK (AP) - Sony Corp. (NYSE:SNE - news) and IBM are teaming up to provide video archive services for the broadcast industry. CNN will be the first customer, spending about $20 million to store more than 100,000 hours of video on compressed tapes. CNN, a unit of media giant Time Warner Inc. (NYSE:TWX - news), will be able to resell the news footage more easily and make it available over the Internet. Sony and IBM will market the system to broadcast and production companies around the world. As part of the service, which was announced Wednesday, the companies will offer consulting and system integration services and digital library software.

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