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Technology Stocks : AT&T -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Hayden who wrote (1394)	6/24/1998 4:09:00 AM
From: starpopper	Read Replies (1) \| Respond to of 4298

AT&T buying TCI for $43 Billion!!! It's going to be a HUGE day tomorrow!!! $weet Dream$ $tarpopper >>>>>>>>>>>>>>>>>>>> PRESS DIGEST - Daily Variety - Wednesday, June 24 June 24, 1998 03:20 AM SP500 UKI CAN U E D NAT LEI ENT PUB US PRESS TEL DPR MRG T.N TCOMA.O PHG.AS PLG.AS VO.N VO.TO GE.N CBS.N DIS.N NEW YORK, June 24 (Reuters) - The following stories appeared in Wednesday's Daily Variety: * Telecommunications giant AT&T T is to acquire the nation's biggest cable operator, Tele-Communications Inc. TCOMA , for roughly $43 billion, sources said Tuesday, in what will be the biggest buyout in media history. * Cable subscribers treated A&E's warts-and-all "Biography" special on Ozzie & Harriet Nelson Sunday night like a real-life version of "The Truman Show," making it the highest-rated "Biography" episode in the history of the network. * Seagram VO CA:VO has tapped Doug Morris as chairman/CEO of the world's largest music company, which will be named Universal Music Group once the deal to purchase PolyGram is completed. * The NBA playoffs are over, summer is here and the season of truly woeful prime-time Nielsens is officially under way. NBC GE has won the June 15-21 week with its lowest rating ever in a week not disrupted by political conventions, the Olympics or the July 4 holiday. CBS CBS was second with its worst-ever rating in a non-disrupted week, and ABC DIS took third with its worst-ever rating for any kind of week. * DreamWorks has paid mid-six figures against a potential seven figures for the feature film rights to the Sega arcade game "The House of the Dead" as a directing vehicle for Jesse Dylan, the son of singer-songwriter Bob Dylan. * Less than two months after reports surfaced that former Island Pictures president Mark Burg would join Chris Blackwell's Palm Pictures, the deal has fallen apart. ((New York Newsdesk 212-859-1610)) REUTERS c 1998 Reuters.