TELE-TV
From Wikipedia, the free encyclopedia
TELE-TV was a media and technology company formed by Bell Atlantic, NYNEX, Pacific Telesis, and Creative Artists Agency in February 1995. The company, based in Reston, Virginia, USA, set out to design a Set-top box that would allow customers to view video on demand over copper phone wires. Thomson Consumer Electronics was to build the set-top boxes. Howard Stringer was hired as CEO. Academy Award-winning talent were hired to design GUI's for interactive program guides. Michael Ovitz, then head of CAA, was to play a role as deal-maker between Hollywood and the company. The company reportedly spent $500 million dollars before halting operations in early 1997.
