Joint Venture Formed To Develop Digital Video Recording Capability In Advanced Digital Set-Top Terminals

5-Oct-00

Project DISCO Comprised Of Charter Communications, Motorola, ReplayTV And Vulcan VenturesA joint venture to develop and integrate digital video recording (DVR) capabilities in advanced digital set-tops was announced by Jerry Kent, President and CEO of Charter Communications, Inc. (NASDAQ: CHTR). In addition to Charter, the joint venture also includes Motorola, Inc.ís Broadband Communications Sector, ReplayTV Inc. and Vulcan Ventures Inc.Code named Project DISCO, Mr. Kent said the venture will initially focus on creating a set-top based DVR platform that will be designed for storing video, audio and Internet content. A formal name for the product will be announced later. Terms of the venture were not disclosed.During prepared remarks here today at ìCommunacopia,î a Goldman, Sachs & Co. investment conference, Mr. Kent said ìDISCO will benefit the entire cable television industry by integrating DVR functionality into advanced digital set-tops, creating a more robust platform for future services, and allowing new applications to reside on the DVR. It combines Motorolaís advanced interactive digital platform and ReplayTVís software along with software previously developed by Interval Research Corporation. The customersí viewing experience will be enhanced, providing even more value.ìWe expect Project DISCO to be to the digital platform what the VCR is to analog television a product that can offer the ability to fast forward, rewind, record, stop, skip, and pause,î said Mr. Kent.

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