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To: Claude who wrote (16856)	2/24/1999 11:26:00 AM
From: esterina	Respond to of 74651

Great news for internet and Video. Is it good for Web TV? IVI President Hails Trimark-broadcast.com Agreement as Validation of 'Leased Access' Position Business Wire - February 24, 1999 11:09 REDONDO BEACH, Calif.--(BUSINESS WIRE)--Feb. 24, 1999--The president of Internet Ventures, Inc. today hailed Tuesday's film licensing agreement between Trimark Holdings, Inc. (NASDAQ:TMRK) and broadcast.com (NASDAQ:BCST) as further evidence of the convergence of video programming and Internet content, and called on cable television operators to open their infrastructure to non-affiliated Internet service providers. In remarks prepared while traveling on business, Internet Ventures (IVI) president Don Janke said the agreement, which licenses 50 films for Internet broadcast, further validates IVI's position that Broadband Internet providers qualify for cable carriage under the "leased access" provisions of the Communications Act of 1934, as amended. Janke challenged cable to drop its narrow interpretation of "leased access," so that consumers might benefit from competition within the Broadband Internet industry. Currently, many cable subscribers are restricted to a single option: The cable system's service, on the cable system's timetable, and at the cable system's price. "Cable needs to get its head out of the sand and recognize that it can't say no to competition forever," said Janke. "Tuesday's agreement indicates that the Hollywood community is recognizing what Internet Ventures has said from the start of the 'leased access' process: that video comparable in quality to a broadcast TV station can be delivered via the Internet." IVI, the first Broadband Internet company to pursue "leased access" carriage, has filed applications in four markets: with Century Communications (NASDAQ:CTYA) in Ventura, CA; with MediaOne (UMG) in Stockton, CA; and with TCI (NASDAQ:TCOMA) in Durango, CO, and Spokane, WA. IVI received its first formal rejection, in Spokane, last week.