Screen Digest

Issue Date: 07/01/1999

In This Issue

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1. Finnish group expands cable Net service. Finnish telecommunications group Sonera has bought Dutch cable Internet Service Provider Multiweb and inked a deal to widen distribution of its own cable Internet service ... (PREMIUM PERIODICAL ARTICLE) 2. Hughes signs another box partner. Intel Corporation is joining Hughes Electronics in digital satellite television venture to provide programming and Internet access (see AOL and DirecTV launch major alliance in ... (PREMIUM PERIODICAL ARTICLE) 3. MGM savings in costly restructuring. Metro-Goldwyn-Mayer will make annual savings of $11m following a costly and wide-ranging restructuring programme. Studio says the initiatives, which include dropping `several' film projects, will ... (PREMIUM PERIODICAL ARTICLE) 4. MGM joins Fox for international distribution. MGM has signed three-year international deal with Twentieth Century-Fox for theatrical and video distribution (including DVD). Earlier this year MGM terminated its 13-year distribution deal ... (PREMIUM PERIODICAL ARTICLE) 5. Microsoft invests in enhanced TV venture. Microsoft Corporation is to take 8.5 per cent stake in enhanced television content provider Wink Communications for $30m, making it company's largest outside investor. Wink ... (PREMIUM PERIODICAL ARTICLE) 6. Largest Swiss cable system up for sale. Switzerland's largest cable operator Cablecom, controller of country's backbone cable system and its 1.5m subscribers, is to be sold. Company's three shareholders - telecoms group ... (PREMIUM PERIODICAL ARTICLE) 7. NBC and AT&T pact for cable distribution. NBC and AT&T have formed wide-ranging pact for AT&T Broadband & Internet Services (BIS) to distribute NBC's digital broadcast signals, including CNBC and MSNBC cable ... (PREMIUM PERIODICAL ARTICLE) 8. Aussie media group takes cinema chain. Consolidated Press Holdings (CPH), private arm of media tycoon Kerry Packer's publicly listed Publishing & Broadcasting, has completed its takeover of Hoyts cinema exhibition chain. (PREMIUM PERIODICAL ARTICLE) 9. Time Warner sells Japanese cable. Time Warner is exiting the Japanese cable market with sale of its 25 per cent stake in Titus Communications to fellow shareholder MediaOne, which is ... (PREMIUM PERIODICAL ARTICLE) 10. NTL acquires more cable franchises. UK cable and communications company NTL has paid [pound]5m to take control of two of BT's cable franchises, in Westminster and Milton Keynes, covering 137,000 ... (PREMIUM PERIODICAL ARTICLE)
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