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Technology Stocks : Brilliant Digital Entertainment -- BDE -- Ignore unavailable to you. Want to Upgrade?

To: John Miz who wrote (317)	6/9/1999 1:23:00 AM
From: B.Positive	Read Replies (1) \| Respond to of 395

Sounds great----------Cable connections and more household exposure should really help this stock.

To: John Miz who wrote (317)	6/17/1999 2:19:00 PM
From: david james	Read Replies (1) \| Respond to of 395

BRILLIANT MOVE By PAUL THARP A Saudi prince who already owns "Casper the Ghost" is buying into a small Internet company that puts movies on the Web, including online episodes of "Xena" and "Superman" adventures. Prince Ahmad Bin Khalid Al Saud and other investors bought 18 percent of Brilliant Digital Entertainment for $4.8 million. Prince Ahmad - one of the three nephews of Saudi King Fahd - owns Harvey Entertainment, a licensing company that owns "Casper," "Richie Rich" and other classic cartoon characters from the old Harvey Comics line. The price has more than tripled his investment in Harvey but wants Brilliant Digital to help create a bigger platform for the entertainment business, said industry sources. Brilliant's library of license agreements include "Ace Ventura," KISS, "Popeye," "Superman" and "Xena," as well as worldwide interactive rights on Bantam Doubleday Dell's series, "Choose Your Own Adventure." The Los Angeles-based Brilliant is a leading developer of interactive video and Web tools. It created the promising Multipath Movies project and website (www.multipath movies.com) which distributes movies over the Internet, on CD-ROM and digital video disks. Brilliant's three-dimensional software allows users to create their own plots and storylines with the licensed characters. Some industry sources say that Prince Ahmed is one of the most sophisticated and astute of the royal Saudi family members drawn to Hollywood investments. The Saudi royals are reluctant to meet face-to-face with Hollywood players, and are slow in ponying up cash for projects, say some insiders. But Prince Ahmed is said to be an exception. Prince Ahmed put $4 million into Harvey Entertainment about 10 years ago at the suggestion of one of his classmates from the University of Southern California, Jeff Montgomery, Harvey's CEO. But the prince pulled the rug from under his old friend when Montgomery became embroiled in a contract dispute, and new investors were brought in to kick Montgomery out. The prince had once owned more than 35 percent of Harvey, but sold some to get back his $4 million, leaving him with about 25 percent, which is worth more than three times what he originally invested. nypost.com