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Replay Networks Inc

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ENTERTAINMENT
August 14, 1999 | Bloomberg News
Replay Networks Inc., maker of an advanced TV recording device, will announce next week that Walt Disney Co., Time Warner Inc. and about seven others will invest more than $50 million in it, people familiar with the situation said. Closely held Replay makes a so-called personal video recorder that allows users to store programs and customize a lineup of their favorite shows. Viewers can rewind and fast-forward through shows while they're playing and can skip over commercials.
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BUSINESS
March 29, 1999 | JENNIFER OLDHAM
TiVo Inc. will make its personal TV service available nationwide for the first time today through a set-top box manufactured by Philips Consumer Electronics. The highly anticipated service, which allows viewers to save programs for later viewing and to pause, fast forward and rewind live TV, is expected by some analysts to change the way people watch TV. Consumers can program the box to save their favorite shows.
BUSINESS
September 13, 1999 | JONATHAN GAW
For Irvine-based Western Digital Corp., the future can't come fast enough. The company last week unveiled a new hard drive geared specifically for home entertainment devices such as digital video recorders, or DVRs, appliances that use hard drives for storage instead of videotapes. The troubled computer disk drive manufacturer, which has lost nearly $1 billion over the last two years, views digital storage in consumer electronics as the industry's future.
BUSINESS
September 9, 1999 | From Bloomberg News
TiVo Inc. said Wednesday that Sony Corp. will make recorders for the upstart company's service that lets users view their choice of television shows at any time by recording programming on a TV set-top box. Sony, the world's second-largest consumer-electronics maker, also will buy a minority stake in TiVo and gain representation on its board. TiVo will use other Sony products to add features to its service, potentially including games, music and motion pictures.
BUSINESS
August 26, 1999 | From Bloomberg News
Paul Allen, the co-founder of Microsoft Corp. and owner of Charter Communications Inc., is borrowing $1 billion from Commerzbank and other lenders to help finance more acquisitions, said a person familiar with the transaction. Allen is using Microsoft shares as collateral for the five-year loan and will pay a floating interest rate of 125 basis points over the London interbank offered rate. That's equivalent to about 7% today. Through Vulcan Ventures Inc.
BUSINESS
December 29, 1999 | MICHAEL P. LUCAS, TIMES STAFF WRITER
According to Hollywood lore, comedian-director Jerry Lewis first brought videotape to movie sets in the mid-1960s--so he could watch himself as soon as he finished performing a scene. The idea caught on. Soon nearly every TV, movie and commercial director was using what became known as "video assist" to play back instantly what they shoot on film. But videotape on movie sets is rapidly going the way of the hand-cranked camera.
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