Media titans buy stake in firm pushing broadband network

Article Abstract:

Walt Disney Co, Intel and GE Capital are among the companies investing $60 million for an undisclosed minority stake at Palo Alto-based Dotcast, which claims that it can help TV stations transmit high-speed data through their existing analog network. The data are sent at 4.5 megabits per second, which is faster than digital subscriber lines and cable modems. Dotcast Pres Richard Selvage says the capital infusion will help the company deploy a national broadband network across the US.

Semiconductor and Related Device Manufacturing, On-Line Information Services, Microprocessor Chips, Personal Finance Companies, Consumer Lending, California, Motion Picture Production, Motion Picture and Video Production, Videotex & Teletext Svcs NEC, CPUs (Central processing units), Intel Corp., Internet services, Consumer finance companies, Online information services, Walt Disney Co., Movie production, Dotcast

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EchoStar offers $32B to get DirecTV

Article Abstract:

EchoStar makes a $32 billion bid to buy Hughes Electronics, disrupting News Corp.'s plans to buy Hughes' DirecTV business.

Australia, COMMUNICATION, Communications, Broadcasting and Telecommunications, Newspapers, Newspaper Publishers, Cable and other pay TV services, Direct Broadcast Satellite TV Providers, Cable and Other Program Distribution, Telecommunications industry, Newspaper publishing, Hughes Electronics Corp., GMH, EchoStar Communications Corp., DISH, Satellite television, Satellite television industry, DIRECTV Inc., The News Corporation Ltd., NWS

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