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To: Stealhead who wrote (613)3/12/1999 10:33:00 PM
From: JackSkip  Read Replies (1) | Respond to of 13157
 
Found this article tonight and grabbed a few of the interesting paragraphs......

Date Posted: 3/12/1999

AT&T-TCI merge starts new era
Telecommunications industry girds to go from regulated to market-driven venue

"With the cable distribution business in friendly hands, Malone has free rein and plenty of cash--$5.5 billion and counting--to take Liberty Media Group, TCI's former programming subsidiary, exploring. While Liberty's core holdings in Discovery, USA Networks, and various News Corp. partnerships such as Fox/Liberty Sports and TV Guide Inc. will remain the bedrock, expect Liberty to become an active venture-capital player in interactive media, technology and e-commerce, Malone says. "

"Cable operations will remain based in Denver under the leadership of former TCI President Leo Hindery, who's CEO of the newly formed subsidiary, AT&T Broadband & Internet Services."