Liberty gets stake in game shows

Article Abstract:

AT and T's Liberty Media Group's interactive media subsidiary Liberty Digital will acquire a 50% equity interest in Sony Pictures Entertainment's 24-hour Game Show Network (GSN) for $275 million in cash and stock. The deal is expected to be finalized by Dec 31, 2000. It will enable viewers of the network to participate interactively with the game shows that are broadcasted by GSN through their digital set-top boxes. Jupiter Communications has predicted that roughly 30% of US homes could be using set-top boxes for interactive television, which is a $25-billion industry, by 2005.

Author: Alexander, Keith L.
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 2000
Software Publishers, Computer Software, Sony Pictures Entertainment

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA

NBC in talks to buy 32% of Paxson

Article Abstract:

Paxson Communications Corp and NBC-TV, a unit of General Electric, are working on the details of a $400-million deal that involved NBC acquiring a 32% stake in the West Palm Beach, FL-based broadcasting company. Aligning with NBC would allow Paxson to challenge the No. 6 TV network in the US, UPN, whose future is now uncertain following the $36-billion deal with Viacom/CBS.

Author: Alexander, Keith L.
Publisher: USA Today
Publication Name: USA Today
Subject: News, opinion and commentary
ISSN: 0734-7456
Year: 1999
Television Broadcasting, TV Networks, Paxson Communications Corp., NBC-TV

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: United States
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.