BUSINESS NOTES IWERKS TO PRODUCE RACING SIMULATION.BURBANK - Iwerks Entertainment Iwerks Entertainment was founded in 1985 by Stan Kinsey and Don Iwerks, two former Disney Executives, and became well known through 1996 as a leading developer of special venue and virtual reality theaters throughout the world. Inc. has signed a contract to provide a TurboRide simulation theater and custom film production for Daytona USA Daytona USA may refer to:
The 32-seat, high-tech theater will feature the Iwerks TurboRide eight- seat Electric Motion Base, state-of-the-art high-definition video projection, and a four-minute film shot at the racetrack. It is scheduled to open in July. - Daily News Web radio added to Clear Channel Clear Channel Communications Not to be confused with clear channel radio stations, which are AM radio stations with certain technical parameters. Clear Channel Communications (NYSE: CCU) is a media conglomerate company based in the United States. Inc. announced Wednesday that it has acquired Enigma Digital and will incorporate the company into Clear Channel Internet Group, the Los Angeles-based division responsible for Clear Channel's interactive businesses. San Antonio-based Clear Channel also said it has acquired KNAC.com, Grooveradio.com, Acaza.com and LuxuriaMusic.com, Enigma Digital's Internet-only radio channels. - Daily News 'Snow White' first in DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. collection BURBANK - The Walt Disney Co. will launch its Platinum Collection of DVDs with the release of ``Snow White and the Seven Dwarfs'' in October, Dick Cook, chairman of The Walt Disney Motion Pictures Group, announced. The Platinum Collection will also include ``Beauty and the Beast Beauty and the Beast is a traditional fairy tale (type 425C -- search for a lost husband -- in the Aarne-Thompson classification). The first published version of the fairy tale was a meandering rendition by Madame Gabrielle-Suzanne Barbot de Villeneuve, published in ,'' ``Aladdin,'' ``The Lion King,'' ``Bambi,'' ``The Jungle Book,'' ``Cinderella,'' ``The Little Mermaid,'' ``Lady and the Tramp'' and ``"101 Dalmatians.'' - Daily News All-silicon chips a wireless coup? SAN JOSE - Lucent Technologies Inc. announced on Wednesday a breakthrough it hopes will improve the quality and lessen the cost of wireless networks. Researchers in Lucent's Bell Labs have created what they believe are the first all-silicon chips for the receivers in base stations that get radio signals from mobile devices, such as cell phones or hand-held computers. The receivers generally in use now have 10 to 20 chips made of gallium arsenide, which has been considered the best material to handle a wireless network's complicated tasks. - Associated Press Newly formed firm doubles TWA TWA Time-weighted average, see there bid DALLAS - A new company formed by aviation experts and investors said Wednesday it would bid nearly $1 billion to acquire Trans World Airlines Trans World Airlines, commonly known as TWA, was a major American airline company that was acquired by American Airlines in April 2001. For many years it was headquartered at the Kansas City Downtown Airport, as well as midtown Manhattan in New York City. , doubling the amount American Airlines said it would pay to take over the troubled carrier. Jet Acquisitions Group Inc. of Scottsdale, Ariz., wants to eliminate TWA's current debt, retain most of its current employees, modernize its facilities and eventually expand the airline. ``Our group is adamant that TWA should be preserved as an independent and financially viable airline,'' group spokesman Stanford E. Lerch said in a statement. ``Our bid is more than twice the size of the nearest offer for TWA that was previously made by American Airlines.'' The company did not provide details about how its bid would be financed, but said it would provide a $1 billion guarantee ``shortly.'' American, based in Fort Worth, Texas Fort Worth is the fifth-largest city in the state of Texas, 18th-largest city in the United States[1], and voted one of "America’s Most Livable Communities. , has said it would pay $500 million for most of TWA's assets, including up to 190 planes and the St. Louis hub. - Associated Press |
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