Word: two-way
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Until recently, many thought that cable operators had the advantage, at least in the competition to wire the country for two-way TV. But now, as Congress considers a sweeping deregulation bill that would give cable and phone companies broad latitude to invade each other's territory, it is obvious that the not-so Baby Bells have no intention of letting the cable companies win this war. No longer able to stay at home and reap monopoly revenues that average $12 billion apiece, the once somnolent siblings are turning on one another, bashing other rivals and forming partnerships to provide...
That's why the Bells have been going Hollywood. Three weeks ago, the Walt Disney Co., whose chairman, Michael Eisner, had until recently seemed to disdain two-way TV, agreed to team up with Ameritech, BellSouth and Southwestern Bell to develop and distribute movies, games and other programs to home viewers. Not to be outdone, Hollywood dealmeister Michael Ovitz, who heads the powerful Creative Artists Agency, has reportedly been meeting with nynex, Bell Atlantic and Pacific Telesis to discuss the creation of a company of their own that would make and distribute films...
...ability to pay for licenses they bid on, and some may have falsely claimed to be minority- or female-owned to gain special bidding preferences. The probe was begun after 27 of 178 winning companies failed to make down-payments for "interactive" licenses, which permit companies to offer customers two-way video and data services -- like video on demand...
...Adams: I don't remember Nelson Mandela renouncing violence or Arafat genuflecting. It's a two-way process to bring about a demilitarization, to get those involved in armed action to stop. No sane person wants to be engaged in violence. But to put preconditions on people prematurely only makes the situation more problematic. Sinn Fein doesn't advocate violence. We don't advocate armed struggle. We have suffered from the violence. I want to see an unarmed strategy. I want to see a situation where the I.R.A. ceases activities. But the people who are looking down their guns...
...prospect of suppers at the White House, chats with Dan Rather and interviews with world leaders. Not to mention the highest ratings of any network, record profits of $109 million in the second quarter and a chance to play an even larger role in bringing two-way television to Americans. All that would begin to be his in just a few hours, when the boards of CBS and Diller's QVC home-shopping network would meet to approve a merger of the two companies...