To: The Cookster who wrote (415 ) 3/6/1999 10:26:00 PM From: Jon Scott Read Replies (1) | Respond to of 19256
MRPS looks good with others.See my previous posts. Broadband Week for March 8, 1999 ACTV Migrating Internet-TV Product By BILL MENEZES March 8, 1999 ACTV Inc. wants to tap the consumer market by combining its technology for enhancing television programming with synchronized Internet content, pushing further into a crowded field. The company is launching its software-based application, dubbed "HyperTV," into the commercial entertainment-programming market after two years of development as a private-network platform for education systems, "e-School Online." Since its introduction in early 1996, HyperTV has grown into a business that is expected to generate $3 million in revenue this year, according to ACTV chairman and CEO Bill Samuels. HyperTV delivers streamed Internet video, Web URL (uniform resource locator) addresses, advertising and other data or links to viewers' personal computers, in synchronization with broadcast or cable programming on their television sets. PC users with TV-tuner cards can view programming and HyperTV-enhanced Internet content simultaneously on their monitors. Besides getting multimedia programmers, portal owners and other content providers to license HyperTV software, creating a stream of royalties to ACTV, the company wants vendors to embed HyperTV in their advanced-digital set-top boxes. This way, viewers can get simultaneous video and special Internet content on regular television sets. Until more advanced boxes, such as General Instrument Corp.'s DCT-5000, are available and deployed, most HyperTV viewers must get the Internet portion over their PCs -- an arrangement that Samuels said is more lucrative than cumbersome. He noted studies indicating that 13 million people Web surf while watching TV, while as many as 25 million households have PCs in the same rooms as their TVs. "The current market is probably as much analog television and being online as it is digital TV," Samuels said. ACTV sees HyperTV as an expansion of the interactive-broadcast platform that it began testing last month on Tele-Communications Inc.'s Dallas digital system. It hopes to roll that platform out widely by the third quarter, after completing its integration with TCI's Headend in the Sky. Michael Shronstrom, director of institutional research for Denver-based investment banker Neidiger Tucker Bruner Inc., said HyperTV not only represents a lower capital requirement going forward than individualized TV, but it also provides competitive advantages through its patented technology for synchronizing Web and TV content. "The original business model called for a multiyear build-out of the individualized TV technology," Shronstrom said. "That model has been sort of supplanted by what HyperTV can bring to the company."