Duet creates music titan

Article Abstract:

EMI Records Ltd of the UK and Time Warner Inc has announced a merger of their music operations that will make the combined company the top music firm in the world. The resulting firm, to be called Warner EMI Music, will have a value of about $20 billion and control of almost a fourth of global music sales. The deal, which will put some of the world's best performers under one label, will also create a company that will dominate song licensing.

United Kingdom, Acquisitions & mergers, Foreign operations, Recorded Music Producers, Record Production, Time Warner Inc., Music producers (Persons), EMI Records Ltd

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DirecTV, Microsoft team for UltimateTV

Article Abstract:

DIRECTV Inc and Microsoft Corp have formed an alliance to offer an interactive TV service called UltimateTV. The service, which will be made available to DIRECTV's 8.6 million client-base once they acquire a new set-top box from Thomson's RCA unit, provides a combination of Microsoft WebTV's most popular functions as well as those of video recorders such as TiVo. Consumers will be able to use the service to send e-mail, call up stock prices and record shows on a hard drive.

Television Broadcasting, Alliances, partnerships, Television broadcasting industry, DIRECTV Inc.

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AOL tops the TV networks

Article Abstract:

America Online is more highly regarded by consumers than national television broadcasters ABC, CBS, NBC and Fox, according to a study conducted by The Myers Group. The result suggests that the era of media convergence is here, but some people say the result can be explained by the fact that brand awareness is more difficult for broadcasters because they have to appeal to a broader segment of the population. Ahead of AOL in the survey are cable networks such as Discovery Channel and Weather Channel.

On-Line Information Services, Public affairs, Videotex & Teletext, America Online Inc.

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