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

To: ed doell who wrote (2966)	9/26/1998 11:29:00 AM
From: art slott	Respond to of 4748

Star Cam! Lets go to the replay! How about a sexy Italian made comercial, want to watch that or one with a great soundtrack. Its all possible, here and in Italy. September 26, 1998 Italy Telecom Explores Murdoch Deal -------------------------------------------------------------------------------- A.P. INDEXES: TOP STORIES \| NEWS \| SPORTS \| BUSINESS \| TECHNOLOGY \| ENTERTAINMENT -------------------------------------------------------------------------------- Filed at 8:31 a.m. EDT By The Associated Press MILAN, Italy (AP) -- Telecom Italia has agreed to pursue Rupert Murdoch as a partner in the development of digital TV in Italy, despite strong political opposition. Telecommunications officials have spoken of a ''colonization'' of Italian television if the Australian media magnate is allowed into the country's pay-TV market. On Friday, its board authorized Telecom Italia to work with RAI state television in an accord on digital TV, and singled out British Sky Broadcasting Group as a good potential partner. The British company is 40 percent owned by Murdoch's News Corp. If negotiations don't conclude by Oct. 5, Telecom is free to pursue other solutions on its own, the company said. RAI board member Alberto Conti said Thursday that the state TV company was likely to agree to an alliance with News Corp. -- on condition that Italians keep an absolute majority, and that Murdoch confine himself only to pay TV in Italy. Analysts have said Murdoch's presence would be a plus for Telecom Italia and the market as a whole. His aggressiveness and the heightened competition could boost the size and development of the Italian digital television market, they contend. -------------------------------------------------------------------------------- Related Information From Hoover's Inc.

To: ed doell who wrote (2966)	9/28/1998 9:27:00 AM
From: art slott	Read Replies (2) \| Respond to of 4748

Great news! Liberty Media Forms Interactive Venture Lee Masters to be Appointed as President and CEO, Bruce Ravenel Appointed as Executive Vice President BUSINESS WIRE ENGLEWOOD, Colo., Sept. 28 — Liberty Media Corp. (Nasdaq:LBTYA) (Nasdaq:LBTYB) announced today the formation of Liberty Interactive, a new venture created to focus on the development of interactive programming and content for emerging new media platforms. -------------------------------------------------------------------------------- Liberty Media Forms Interactive Venture -------------------------------------------------------------------------------- Through internal development, acquisitions and partnerships, Liberty Interactive will create compelling content designed to take advantage of the capabilities of advanced set top boxes and other convergence appliances. Liberty will contribute to Liberty Interactive its 86 percent interest in TCI Music (Nasdaq:TUNE/TUNEP) and Liberty's agreement with TCI regarding development of interactive video services. Liberty also will make available appropriate financing and other resources as needed for the new entity. Liberty Interactive will be a wholly owned subsidiary of Liberty Media. Lee Masters, president and CEO of E! Entertainment Television Inc. will head up the management team of Liberty Interactive as president and CEO beginning on Jan. 1, 1999. Masters will be joined by Bruce Ravenel as executive vice president and chief technology officer. Ravenel will assume his position immediately. Robert Bennett, president and CEO of Liberty Media, commented, "Liberty Interactive will be a high priority for us as the cable industry prepares to roll out the next generation of set top devices. Lee and Bruce bring tremendous experience, creativity, entrepreneurial spirit and complementary skills to this project. "Lee took E! from a struggling network nine years ago and transformed it into a leading source of entertainment industry information and a well-recognized television brand that is also a leader in interactive programming. This is an exceptional accomplishment for any network and Lee deserves much of the credit for the tremendous value he has created for his shareholders. Bruce has for several years been responsible for TCI's involvement and investment in emerging interactive technologies. He was instrumental in the creation of @Home and for the design of TCI's advanced set top devices. "His technical knowledge and entrepreneurial skill will be very valuable to our new enterprise. Under the direction of Lee and Bruce, Liberty Interactive is poised to become a leader in the development of consumer friendly interactive content and a mechanism for long-term value creation for Liberty's stockholders." In accepting the new position, Masters stated: "I am evangelical in my belief that the single greatest growth opportunity for value creation will be producing programming and content for the convergence of the TV and the Web through the set top box. Liberty Interactive intends to work cooperatively with the cable industry to create content that increases the functionality and appeal of the next generation set top box. And who better to partner with to make that happen than Liberty Media." Liberty Media is the programming unit of Tele-Communications Inc. Liberty holds numerous investments in globally branded entertainment networks such as Discovery Channel, BET, TLC, FX, USA, QVC, Encore, Starz! and the Fox/Liberty sports networks. Liberty Media Group Series A and B common stock are series of Tele-Communications Inc. common stock and are traded on the National Tier of the Nasdaq Stock Market under the symbols LBTYA and LBTYB, respectively.