SkyREPORT.COM News Headlines
News Update For 08/06/99
- - - DirecTV Releases July Subscriber Numbers - - -
DirecTV announced Thursday that its high-power
digital satellite television service acquired
122,000 net new customers last month, 52,000 of
which are PrimeStar by DirecTV customers.
DirecTV's net new subscribers for July represents
another record for the company and a 51 percent
increase over July 1998.
So far this year, DirecTV has added about 791,000
customers, bringing the company's total number of
subscribers to more than 7.4 million. That number
includes former PrimeStar customers who now
subscribe to PrimeStar by DirecTV.
- - - CSG Announces Stock Buyback Plan - - -
The Board of Directors of CSG Systems International
has approved a stock repurchase plan that authorizes
the company to buy up to 5,000,000 shares as market
and business conditions warrant.
The announcement comes after CSG shareholders were
advised last month to reject an unsolicited takeover
by Peachtree Partners. Denver-based CSG Systems
provides customer care and billing solutions for
converging communications markets worldwide, including
cable television, direct broadcast satellite,
telephony and on-line businesses.
The buyback plan represents 10 percent of CSG's
outstanding shares. CSG Chief Executive Officer
Neal Hansen said of the repurchase plan, "We believe
that CSG's stock price has been particularly
attractive recently. The company's fundamentals
are strong and we are aggressively pursuing the
opportunities that the changing communications
marketplace presents."
- - - DirecTV, Viewers Choice Announce NBA Deals - - -
The National Basketball Association (NBA) and
DirecTV announced Thursday that they have extended
their existing agreement to deliver subscription
package NBA games to DirecTV customers.
DirecTV reports that the agreement gives the company
the exclusive satellite distribution rights to deliver
NBA League Pass for the next three years. The package
features up to 40 regular-season NBA games a week
through the 2001-2002 season.
On the cable side, Viewers Choice also announced a
NBA League Pass deal Thursday, making that package
available to cable and some other satellite
TV subscribers.
DirecTV's NBA League Pass for the upcoming season
will begin on Nov. 2 and is priced at $169 for a
residential subscription. The company offers an
early-bird price of $149 for subscribers who sign
up before Sept. 30.
- - - Sony Pictures Finalizes Interactive TV Deal - - -
Sony Pictures Entertainment (SPE) and Mixed Signal
Technologies (MST) finalized their previously-
announced agreement this week to develop
interactive television programming.
Mixed Signals, a two-year-old California company,
has developed technology that encodes information
into an analog or digital television
stream. Other entertainment companies that Mixed
Signals has worked on interactive programming with
include Disney, NBC, The Sci-Fi Channel, The
Weather Channel and EchoStar.
Richard Glosser, president of Columbia TriStar
Interactive, said the Sony/Mixed Signals deal will
allow the company link the broadcast and
online worlds. "The end result will not only be a
unique and completely engaging experience for the
viewer," he said, "but a new benchmark for
the industry."
- - - PROGRAMMING: - - -
- SkyView Restructures Lineup -
SkyView World Media,
a provider of foreign-language ethnic media
services, announced this week
that it has restructured its programming
lineup to focus the company's
resources on the services that have the
strongest long-term revenue and
profit potential. The new SkyView lineup
is comprised of ten television
stations and two radio services in six
languages comprise: Arabic,
Chinese, Greek, Russian, Asian/Indian and
Vietnamese. The company is discontinuing its
services in Italian, Filipino, Ukrainian and Polish.
- Encore Premieres Hitchcock Special -
Encore
Media Group and Universal Television Enterprises
have announced the world premiere of "Dial H
for Hitchcock: The Genius Behind the Showman,"
an original production honoring Alfred
Hitchcock. The special will be shown on the
100th anniversary of Hitchcock's birth, Friday
the 13th of August, at 8 p.m. ET/PT on Encore.
- Joyner Kersee Profile on ESPN Tonight -
ESPN
will present a 30-minte profile on the life
and career of Jackie Joyner-Kersee
tonight at 10:30 p.m. As part of the network's
SportCentury project, Joyner-Kersee was
selected as the No. 23 greatest North American
athlete of the 20th century. The profile of
her is part of 49 weekly programs
counting down the century's 50 greatest
athletes. ESPN also announced
this week that the station is now
available in 65 million homes and that
ESPN@ is the 19th most widely-distributed of
the cable networks that have launched since 1990.
- Showtime Launches WhirlGirl Campaign -
Showtime
has launched a new ad campaign for the network's
exclusive, weekly online series "WhirlGirl,"
which premiered in February. The print, outdoor
and web advertising will target the Generation
Y audience. The WhirlGirl series features
the adventures of Kia Cross, a 21st-century freedom
fighter. New episodes of the program premiere
every Friday at 1 p.m. on
SHO.com.
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