Wednesday August 27, 2003

[H]ardNews 9th Edition

TechTV For Sale:

Joe Alpert says that apparently TechTV is up for sale with an estimated going price of $250 - $300 million. Kyle has made a few appearances on the TechTV show The Screen Savers, maybe we should buy it and do an OCP-TV style channel...heh, would you guys watch? Now all we need is $300 Million…anyone, anyone?

Paul Allen, the entrepreneur and co-founder of software maker Microsoft Corp., is looking to sell his technology-related cable channel TechTV, the Wall Street Journal reported Wednesday, citing people familiar with the situation. TechTV, owned by Allen's investment firm Vulcan Ventures Inc., is worth $250 million to $300 million, the paper said, citing sources.