Real Estate Television Network plans to go digital.LOS ANGELES--(BUSINESS WIRE)--Jan. 11, 1996--Jones Naughton Entertainment (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : JNNE) announced today they have entered into a preliminary agreement whereby JNE JNE Ja Niin Edelleen (Finnish: Et Cetera) JNE Jump If Not Equal JNE Journal of Nursing Education JNE Journal of Negro Education (Howard University) JNE Journal of Nutrition Education subsidiary Real Estate Television Network (RETN RETN Real Time Network RETN Return from Nmi ) will become the Real Estate Business Channel on AlphaStar's new direct-to-home-and-business digital satellite television system. AlphaStar is America's first DVB (Digital Video Broadcasting) An international digital television (DTV) standard that is the European and Far Eastern counterpart of the North American ATSC standard. world standard digital-to-home (DTH (Direct-To-Home) Typically refers to satellite TV broadcasting directly to a dish antenna on the roof of a house. See DBS. ) satellite television service. Starting in early 1996, the digital entertainment provider will be the first to serve all 50 states with universal access to digital video, audio and data channels (120 in 1996, up to 200 in 1997). News, sports, movie, specialty, superstation, international, and pay-per-view programming will be beamed via satellite to homes using a small dish and on MPEG-2 DVB-compliant set-top digital receiving system. AlphaStar is owned by Tee-Comm Electronics Tee-Comm Electronics was a Canadian satellite television equipment manufacturer that founded the AlphaStar[1] as well as co-founded the Bell ExpressVu satellite direct-to-home television services. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : "TEN.") (NASDAQ: TFNXF), a digital satellite communication leader. RETN will have 15-hours-per-day, 7-days-a-week video capacity and 24-hour-per-day data transmission capacity. RETN's programming will now air daytime hours, nighttime hours, and Saturdays. Remaining hours will be made available to conduct joint ventures with real estate franchises, large independent organizations and state associations for them to have their own satellite communication system utilizing RETN's channel. Michael English, president of RETN, stated: "This is the system we needed to bring on the national real estate franchise systems. This also opens up the agent home market. With AlphaStar's state-of-the-art 120-channel home entertainment system we can also now market to the 700,000 real estate agents to receive RETN and other channels directly in their home, including continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). credits." "This agreement not only makes us a complete real estate business channel, but provides a revenue stream with commissions from equipment and monthly fees for agents who sign up for the AlphaStar 120-channel home entertainment system," stated Joseph Naughton, chairman of JNE. RETN is the real estate industry's first daily satellite communication network. RETN produces a television network that brings the leading instructors, educators, motivators and news programming directly into real estate offices via satellite. Real estate companies pay a monthly subscription fee to receive the service. RETN's service went on the air Aug. 1, 1994, and has established a nationwide network of top real estate companies as subscribers in 46 states and 5 Canadian provinces, and most recently Mexico. CONTACT: Real Estate Television Network, Los Angeles Michael English, 310/902-9707; 310/902-9418 (fax) or Jones Naughton Entertainment Inc., Los Angeles Joseph Naughton, 213/469-7591; 213/466-1892 (fax) |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion