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Feature
Story
102
Paul
Allen Sells His Cable Channel TechTV To
Comcast.
April 8, 2005 -
And how about Digeo? Is the dazzling
integrater of video on demand, digital video
recording and a TV guide incorporator, going to be
part of a deal? On
Thursday. They said it agreed to acquire cable
channel TechTV, owned by Paul Allen's Vulcan, and
merge it with its own G4 video game network.
• • The acquisition will enable
Comcast, the nation's largest cable network, to
expand its technology and gaming channel to 44
million cable and satellite homes. G4 CEO Charles
Hirschhorn will become head of the combined
company.
• • Financial terms of the deal
were not disclosed, but it
was speculated that it all started when Paul
Allen made his splash appearance at the annual
cable- industry convention last month. And not just
because the reclusive mogul arrived aboard the
world's largest privately owned yacht, Octopus, a
413-foot stunner Allen docked on the Mississippi
River.
More
Story • 102AllenTechtvComcast.htm
• •
PAUL ALLEN SELLS DreamWorks Shares
• •
Paul Allen, Vivendi and Lee Entertainment
will sell $500 million worth five months after
IPO
• •
DreamWorks Animation SKG Inc., creator of
the "Shrek" films, said shareholders including
Microsoft Corp. co-founder Paul Allen planned to
sell $500 million of stock five months after the
company issued stock to the public.
• • Allen,
Lee Entertainment and Vivendi Universal will sell
shares after the May 27 release of the film
"Madagascar," Glendale-based DreamWorks Animation
said in a filing Monday with the Securities and
Exchange Commission. More
Story • Dream
Works
Stock
////
Center
Page
Paul
Allen Lifetime Achievement & His Family
Endowment Fund
OVER
TWENTY FIVE YEARS AGO, that's when a Honeywell
engineer living in Boston was browsing through the
January issue of Popular Electronics, when he
noticed a story about the MITS Altair 8800, the
first well-publicized personal computer.
-----He
went to a high school friend, then attending
Harvard, and suggested they port a version of the
BASIC language that they had written in high school
to this new machine.
-----The
two men were Paul Allen and Bill Gates, and the
rest, of course, is history. The company they
created to sell that software was Microsoft,
undoubtedly the most influential force in the
history of personal computing.
-----Even
when others were focusing on hardware, Gates and
Allen had a vision of software as a force of
crucial importance in the computer industry and as
a potentially huge business. Soon, the company was
selling BASIC and other languages on many different
platforms. In 1980, IBM hired Microsoft to produce
PC-DOS, an OS that Microsoft resold as MS-DOS.
-----From
there, Microsoft's successes have been legendary.
It was one of the first companies to aggressively
develop Macintosh software, giving it an entry into
the design of products for environments with a
graphical user interface. A]ong the way, the
company broadenedits line to include everything
from operating systems to entertainment
software.
-----Not
everything was successful immediately, but
Microsoft gained a deserved reputation as an
extremely tough and aggressive company that would
try and try again.
-----Perhaps
its greatest success has been in moving the entire
PC industry from the character-oriented world of
DOS to the graphical world of Windows. which first
shipped ten years ago. Despite limited initial
success and competition from other graphical
systems, Microsoft continued developing Windows.
Its runaway success began with Windows 3.0 released
in May 1990, and it has reached new heights in the
Windows 95 juggernaut we saw this year.
-----Microsoft
leveraged its successes into other areas as well,
combining its Word, Excel, PowerPoint, and Access
products into the awesomely successful Microsoft
Office applications suite. It has also created a
huge line of consumer titles.
More
About Paul Allen Family
Fund
///
Chairman,
Vulcan Northwest
Paul
Allen, born,
January 21, 1953
,
Net Worth: $21 bil
Country of citizenship: United States
Residence: Mercer Island, WA, United
States
Industry: Software
Marital Status: single
Paul
G. Allen (born January 21, 1953) is an entrepreneur
who first established himself by co-founding
Microsoft Corporation with Bill Gates. He regularly
appears on lists of the richest people in the
world; as of 2004 he is ranked by Forbes magazine
as the fifth richest, worth an estimated $21
billion, $5 billion of which is in Microsoft stock.
ADDRESS www.paulallen.com
Investor and philanthropist
Paul G. Allen
creates and advances
world-class projects and high-impact initiatives
that change and improve the way people live, learn,
work and experience the world through arts,
education, entertainment, sports, business and
technology.
-----
He co-founded Microsoft with
Bill Gates in 1976, remained the company's chief
technologist until he left Microsoft in 1983, and
is the founder and chairman of Vulcan Inc. and
chairman of Charter Communications (a broadband
communications company).
-----
In addition, Allen's
multibillion dollar investment portfolio includes
large stakes in DreamWorks SKG, Oxygen Media and
more than 40 other technology, media and content
companies. Allen also owns the Seattle Seahawks NFL
and Portland Trail Blazers NBA
franchises.
-----Named
one of the top 10 philanthropists in America, Allen
gives back to the community through the Paul G.
Allen Family Foundation, whose mission is to
transform lives and strengthen communities by
fostering innovation, creating knowledge and
promoting social progress.
More
About Paul Allen - the
Philanthropist
///
About
Paul Allen and the Bill Gates / Microsoft Link
When Allen
teamed up with Gates that Microsoft was created.
-----
Allen was born
on January 21, 1953 in Seattle and met Gates at
Lakeside prep school when they were both students
attending the school. Lakeside prep had recently
decided to acquaint its students with the world of
computers, but, since computers were extremely
expensive, had a fundraiser to purchase computer
time on a DEC PDP-10 owned by General Electric.
-----
It was on this
computer that Gates, Allen, and a few other
Lakeside students discovered computing, and, soon
thereafter, programming. The young boys used up all
the computing time the school had purchased and
began falling behind in their classes.
More
About Paul Allen and the Bill Gates / Microsoft
Link
-----It
just goes to show you, says TVI Magazine --
"NOTHING IN THIS WORLD IS PERMANENT" . . .
so follow the
money -
- and
take some advice from a dinner-time chat with
"Stonehead" --
Disappointments Are Great! Follow
the Money . . . the Internet and the Smart- Daaf
Boys.
///
ByLines:
Editors Note
102
IS YOUR INDUSTRY WEB SITE
Newsworthy?
-----TVI
Publishing introduces in its weekly New Convergence
pages, a new marketing think tank for the
international telecommunication industry. TVI
dynamic online news service utilizes its
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gather and sort its news events into a catagory
that'll fit your advertising needs.
TVI's
motto is "Television Without Borders".
-----
We can
now effectively serve any marketing need, that uses
a TV monitor. With just a click of a finger, our
Smart90 "key word" clicking tool, offers an almost
instantaneous answer to promotion ideas. Company
promotional material that appears on a TVI Magazine
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products or
services.
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.-----It
just goes to show you, says Troy about the Telecom
Advertising industry -- "NOTHING IN THIS WORLD
IS PERMANENT" . . . so follow the
money -
- and
take some advice from a dinner-time chat with
"Stonehead"
-- Disappointments Are
Great! Follow the Money . . . the Internet and the
Smart- Daaf Boys.
///
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Submitted
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Cory
Publisher/Editor
TVI Magazine
TVI
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BBC, LA Times, NY Times, VRA's D-Diaries, Press
Releases, They Said It Tracking Model, and
SmartSearch were used in compiling and ascertaining
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