Tuesday, November 13, 2001
AOL, Sony to link entertainment, 'Net
The Associated Press
LAS VEGAS Media titans AOL Time Warner Inc. and Sony Corp. will jointly develop a home networking environment to deliver online entertainment over high-speed Internet connections.
The collaboration is aimed at developing easier ways of linking televisions, stereos, game consoles and other devices to broadband networks that are now primarily used by personal computers.
Consumers want the Internet to play a greater role in their lives, and are looking forward to the day when broadband can deliv er all of a family's home entertainment, information and communications needs over a wide variety of devices, said Steve Case, AOL Time Warner's chairman.
Few product details or timelines were disclosed during an announcement at the Comdex trade show, but the agreements are not exclusive, and any network software and services will be developed with open architecture.
The collaboration pits the biggest names in consumer electronics and Internet access against Microsoft Corp., which this week is releasing its Internet-enabled Xbox video console.
GE experts to assist in crash probe
Crash, terrorism fears sink stocks
Changes coming to Chiquita
Chiquita hopes worst is over
Sales, earnings growth seen
Morning Memo
Tristate Summary
What's the Buzz?
AOL, Sony to link entertainment, 'Net
Dynegy, Enron expect approval