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


To: Craig Jacobs who wrote (3818)1/7/1999 7:23:00 PM
From: anthony karpati  Read Replies (4) | Respond to of 4748
 
Found this under Liberty (ticker: LBTYA). Does anyone know if ACTV's technology will be used here? This is a lot bigger than "big bird."

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Thursday January 7, 6:02 pm Eastern Time

Company Press Release

Murdoch and Malone to Launch Horse Racing Channel

NEW YORK--(BUSINESS WIRE)--Jan. 7, 1999--If it works, it could be one of the most lucrative TV channels ever. News Corp. Chairman Rupert Murdoch and Tele-Communications Inc [Nasdaq:LBTYA - news]. CEO John C. Malone are teaming up to launch a horse-racing cable channel by this fall that will let viewers play the ponies from the comfort of their La-Z-Boys, Business Week reports. In addition to the dual revenue streams of Subscriber fees and advertising that other cable channels enjoy, Television Games Network (TVG) aims to take a cut of every wager.
----------------------------------------------------------------------Contact:

Business Week
Robert Pondiscio, 212/512-6311
Fax: 212-512-2030
Website: www.businessweek.com