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To: Dealer who wrote (1487)9/15/2000 9:01:56 AM
From: Dealer  Read Replies (2) | Respond to of 65232
 
GMST--Gemstar-TV Guide to buy French electronic publisher

NEW YORK, Sept 15 (Reuters) - Gemstar-TV Guide International Inc. (NasdaqNM:GMST - news) said on Friday it would enter the electronic publishing business in France through the purchase of Les Editions 00h00 and its holding company, Assam S.A.

Les Editions 00h00 carries a list of over 600 titles, and plans to become an online publisher in most European languages, and started a Portuguese language programme earlier this year.

The acquisition is the latest step in Gemstar-TV Guide's plan to enter the electronic book business worldwide, Gemstar said.

Terms of the purchase were not disclosed.

Gemstar shares closed at $76-7/8 in trading Thursday on the Nasdaq stock market, down $3-1/4.