Hearst-Argyle hopping into Web

Hearst-Argyle Television Inc. is joining the broadcasters' rush to the Internet with a TV-station based network that it says initially will reach 30% of US households. The Internet network will be set up by Internet Broadcasting Systems Inc., in which Hearst-Argyle is taking a 30% ownership sta...

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Bibliographic Details
Published inBroadcasting & Cable Vol. 129; no. 40; p. 8
Main Author Rathbun, Elizabeth A
Format Trade Publication Article
LanguageEnglish
Published New York Future Publishing Ltd 27.09.1999
Subjects
Classified advertising
Equity stake
Internet
Television networks
Canada
United States > US
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Summary:Hearst-Argyle Television Inc. is joining the broadcasters' rush to the Internet with a TV-station based network that it says initially will reach 30% of US households. The Internet network will be set up by Internet Broadcasting Systems Inc., in which Hearst-Argyle is taking a 30% ownership stake for $20 million. Hearst-Argyle's 26 TV stations will participate in the network, which also will be available throughout Canada via a partnership with CanWest Global Communications Corp.
ISSN:1068-6827