Word: viacom
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Dates: during 1990-1999
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This is the type of system that most of the top cable companies - including TCI, Time Warner, Viacom and Cablevision - hope to build within the next year or two, at least on a demonstration basis. Many of the regional Bell operating companies (the so-called Baby Bells) are trying to create their own interactive networks, either by themselves or in partnership with cable companies. Bell Atlantic is scheduled to begin offering video on demand to 300 homes in northern Virginia this summer. U.S. West has announced plans to deploy enough fiber-optic lines and coaxial cable (the pencil-thick wire...
...telephone company, has already built a system in Cerritos, California, that lets customers pay bills, play games, read children's stories and make airline reservations through the same wire that brings them basic cable television and 30 pay-per-view channels. Three hundred fifty miles north, in Castro Valley, Viacom, the purveyor of MTV and Nickelodeon, is building a similar system to test consumer reaction to the new services...
...available, it goes to Jay Leno. With his NBC contract expiring next spring, Letterman hires a new agent, Hollywood power broker Michael Ovitz, and starts entertaining offers. Everyone from the Fox Network (which wants to team Letterman in a late-night bloc with Chevy Chase) to major syndicators like Viacom (which offers Letterman additional exposure on its cable networks MTV and VH-1) weighs in with lucrative bids...
...like this: for nine months now, two competing cable channels have been offering rival menus of round-the-clock comedy. On one side of the TV dial is the Comedy Channel, run by Time Warner subsidiary HBO. On the other side is HA! the TV Comedy Network, owned by Viacom International, which also operates MTV. The problem: both channels are losing money. Hoping that two can laugh as cheaply as one, the jousting jokesters disclosed last week that they would merge to form Comedy TV. The new channel, which will draw on programming from both of its parents, should...