Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Efficient Networks Inc - (Nasdaq- EFNT) -- Ignore unavailable to you. Want to Upgrade?

To: pat mudge who wrote (347)	7/20/2000 7:19:46 AM
From: Michael F. Donadio	Read Replies (1) \| Respond to of 675

Hi Pat, This article dots the i's about the DSL killer application -- VOD. Certainly doesn't hurt the backbone buildout either. Looks like DSL is finally coming into its own. cbs.marketwatch.com Blockbuster, Enron in VOD deal By David B. Wilkerson, CBS.MarketWatch.com Last Update: 6:54 PM ET Jul 19, 2000 NewsWatch Latest headlines HOUSTON (CBS.MW) - Viacom's Blockbuster video retail unit and Enron Broadband Services have agreed to a long-term pact to distribute movies-on-demand from Blockbuster's gigantic library, the companies said Wednesday. Under a 20-year deal, Enron and Blockbuster will launch the service in several U.S. cities by the end of this year. Next year, Blockbuster plans to add other domestic and international markets to that list. Consumers will be able to choose movies through an on-screen display, and gives them VCR-like control (pause, rewind, stop) of those selections The video-on-demand service will be streamed into viewers' homes via high-speed digital subscriber lines (DSLs). Listen to an interview with the CEOs of Blockbuster and Enron. Enron will also store the entertainment content and provide customer service. The service will be expanded to other entertainment categories, including games and Internet services, which can be accessed either through the television or PC. "These agreements," said John Antiocco, chairman and chief executive of Blockbuster, in a statement, "give first-mover advantage to the involved companies that should enable each of us to capture a significant share of what industry experts project will be a multi-billion dollar annual business. It's the ultimate 'bricks, clicks and flicks' strategy." Verizon (VZ: news, msgs) (formed by the recent merger of Bell Atlantic and GTE), SBC Communications (SBC: news, msgs), Covad Communications (COVD: news, msgs), Qwest, Telus and ReFlex combined to design the architecture for the distribution of the service. "With Blockbuster's extensive customer base and content, and Enron's network delivery application and the capabilities of the distribution providers, we have put together the 'killer app' for the entertainment industry," said Kenneth Lay, chairman and CEO of Enron. All the best, Michael