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Microcap & Penny Stocks : IATV - ACTV Interactive Television -- Ignore unavailable to you. Want to Upgrade?


To: Buzz Mills who wrote (871)10/23/1997 5:14:00 PM
From: eric larson  Read Replies (1) | Respond to of 4748
 
Perhaps the thread is already aware of this industry news item, apparently from June 24, 1997. It describes FOX Sports Net's aggressive "tentacles"...possibly meaning more markets for ACTV.

Fox, Cablevision complete deal

By Milton Kent

As Keith Olbermann was plotting his departure from ESPN to MSNBC, a bigger threat to the all-sports network officially set sail yesterday as two broadcasting giants officially joined forces on a new venture.

Fox/Liberty, which already controlled nine regional sports channels in an amalgam called Fox Sports Net, purchased a 40 percent equity stake in eight similar channels run by Cablevision at a price of $850 million.

The 17 channels give Fox Sports Net nearly nationwide coverage in 55 million homes, and will spread its programming into such key areas as New York, Chicago, Philadelphia and Boston.

While Cablevision will retain management of its holdings, including Madison Square Garden and the New York Knicks and Rangers, Fox will be able to stick its name on all but two of the networks, and, most importantly, battle ESPN for advertising dollars and possibly telecast rights.

"We have become quite a behemoth," said David Hill, president of Fox Sports and the CEO of Fox Sports Net.

....

This setup, now in place with Fox's current holdings, allows its ad salespeople to sell time on three different levels -- nationally, regionally and locally -- an arrangement that ESPN can't match.

Locally, viewers won't notice much of a change, as Home Team Sports, owned by CBS, is already a Fox Sports Net affiliate.

But HTS and its sister station, Minnesota-based Midwest Sports Channel, are two of the few non-Fox controlled operations, and rumors persist throughout the industry that Fox may attempt to purchase control of the Bethesda-based channel, as it did last year after failing to wrest the broadcast rights to the Orioles, Washington Wizards and Capitals from HTS....

Complete article:

sunspot.net



To: Buzz Mills who wrote (871)10/24/1997 4:31:00 PM
From: Buzz Mills  Read Replies (3) | Respond to of 4748
 
IATV closed @ 1 15/16, +3/16, Bid 1 7/8 x Ask 1 15/16.. Vol..114.4K

A good day as a few news articles came out

From the San Jose Mercury News:
techstocks.com

The Westergaard Article:
westergaard.com:8080/new.html

ACTV (IATV) profile on Yahoo
biz.yahoo.com

The Latest Press Release
biz.yahoo.com

ACTV's web page:
actv.com

Follow Michael Irvin as he tries to go long against the Eagles
techstocks.com

Must See Digital TV
techstocks.com

More news on interactive TV and ACTV:
biz.yahoo.com

The Association for Interactive Media
interactivehq.org