SI
SI
discoversearch

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 : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (26870)12/18/1997 5:00:00 PM
From: John Rieman  Respond to of 50808
 
VOD in Hong Kong...............................................

ijumpstart.com

WB/DISNEY SIGN VOD DEAL

<Picture><Picture><Picture>

In a first for the new media world, Disney and Warner Bros. International Television licensed feature film packages for the soon-to-be launched video-on-demand platform in Hong Kong. The Warner Bros. deal with Hongkong Telecom - said to be worth just $10 million - is believed to be the first ever signed for a true VOD platform, and persistent rumours have more Hollywood studios jumping on the bandwagon. The interactive television platform, dubbed iTV, is scheduled to debut next month with more than 700 movies available for VOD, music on demand and home shopping. Next spring, home banking, games and Internet services will be added. The telecom operator has spent $128 million over the past three years to develop the platform, with plans to spend more than $1 billion supporting it in the next 10 years. Company executives are anticipating 200,000 subscribers to the service in the first year. Next ports of call for the video-on-demand platform could be Australia and the United Kingdom, where Hong Kong Telecom's parent - Cable and Wireless - owns and operates cable TV systems.



To: Stoctrash who wrote (26870)12/18/1997 6:31:00 PM
From: William T. Katz  Read Replies (2) | Respond to of 50808
 
Do we know for a fact that CREAF Encore 2 is using the ZiVA chip? The picture of the board seems to show some chips with that large DX2(?) on it [no C-CUBE]. Can a big customer ask the chips to be given a different logo?



To: Stoctrash who wrote (26870)12/18/1997 8:06:00 PM
From: stak  Read Replies (1) | Respond to of 50808
 
fred e, (off topic)Tri-vision International has announced major contract.product intro of the V-chip will be at the Consumer Electronics Show in Vegas on Jan8th. Symbol TVL trading on the Alberta stock exchange. anyway see the thread tri-vision and the v-chip. it should rocket up in the next few weeks
enjoy! stak



To: Stoctrash who wrote (26870)12/18/1997 9:03:00 PM
From: John Rieman  Respond to of 50808
 
TCI deal. A yet to be named consumer electronics company and amazing equity deals.......................................

zdnet.com

Inter@ctive Week<Picture>December 18, 1997

TCI To Buy Interactive Cable Boxes With Creative Financing

By Peter Lambert
2:30 PM EST

Tele-Communications Inc. will share creative financing with as-yet unnamed strategic partners to pull together the purchase order of 6.5 million to 11.9 million interactive digital set-top boxes from NextLevel Systems Inc.

TCI and eight other cable operators have agreed to buy at least 15 million of the boxes from NextLevel, which is changing its name back to General Instrument Corp. (GI).

Time Warner Cable will purchase 500,000 units. The remainder of the 15 million will be split among smaller operators that are affiliates of TCI's existing Headend in the Sky (HITS) one-way digital TV broadcast service.

To be delivered between 1999 and 2002 at an estimated $300 each, the Internet- and digital video-capable boxes could reap $4.5 billion for NextLevel and a soon-to-be-named consumer electronics manufacturer partner.

NextLevel's stock, which surged 17.5 percent yesterday, was down almost 2 percent, to 17-3/8, in midday trading.

TCI Chairman John Malone said in a press conference today TCI expects to be "probably half owner" of a separate "financing vehicle" shared with "strategic partners" to bankroll the boxes off TCI's balance sheets. "We have broad support of the Silicon Valley industry to make this happen," financially and technologically, Malone said.

The creative financing also will extend to GI. As part of the box deal, the operator-buyers will gain $15-per-share warrants to purchase an aggregate 16 percent interest in GI. On news of the deal Dec. 17, NextLevel stock closed at 17-7/8, up 2-7/8 on 4.9 million shares traded.

Added to another 10 percent equity trade, through which GI will take over management of TCI's HITS digital TV distribution service, TCI now has warrants for about $400 million in GI stock.

TCI retains the right to approve GI's choice of a consumer electronics partner, which Malone said will gain for TCI not only a second box supplier, but a second provider of innovation as well as an entree into retail distribution. Through silicon chip integration, he said, the set-top box eventually "could find its way into a DVD [digital video disc] player or the TV set itself."

NextLevel can be reached at www.nlvl.com

Time Warner Cable can be reached at www.pathfinder.com