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TIME WARNER LAUNCHES WORLD'S FIRST 150-CHANNEL CABLE TV SYSTEM

 TIME WARNER LAUNCHES WORLD'S FIRST 150-CHANNEL CABLE TV SYSTEM
 NEW YORK, Dec. 18 /PRNewswire/ -- Time Warner Inc. (NYSE: TWX) today launched the world's first 150-channel cable television system at a ceremonial event at the home of the system's first customer in Queens, N.Y.
 On the occasion of the hookup to the first customer's home, Time Warner Inc. Chairman and Co-CEO Steven J. Ross and President and Co-CEO N.J. Nicholas Jr. said: "In March, Time Warner promised that the world's most advanced cable system would be operational before the end of the year. Today, as promised, 150 channels is a reality. The operation of this state-of-the-art video highway into the home is yet another step toward fulfilling the vision we had when we created Time Warner almost two years ago."
 They continued, "This remarkable system ultimately will bring about a revolution in the home. Our new system not only has the capacity to deliver a vast increase in program choices but eventually could handle high-definition television, voice interactivity and linkages with computers, fax machines and PCNs (personal communications networks). In time, interactive cable will offer educators a powerful new technology to teach students. We are proud Time Warner is making this great step forward which demonstrates American leadership in the important worldwide market for information and entertainment delivery systems. We are pleased to make this technology a day-to-day reality for our customers."
 According to Joseph J. Collins, chairman of Time Warner Cable, "The capabilities of our new 150-channel system have focused global attention on our abilities to meet the expanding needs of cable customers in technology, program offerings, convenience and service. It is bringing New York City, the media capital of the world, into the 21st century of communications."
 Richard Aurelio, president of the Time Warner New York City Cable Group, added: "Our 150-channel cable system doubles the channel capacity of the system already serving Queens and as a result offers the widest selection of programming anywhere in the world, including a virtual movie-on-demand, pay-per-view operation plus state-of-the-art features for a wide array of interactive video and information services."
 The new service, which adds 75 channels to the existing systems serving Queens, is called Quantum. It includes 57 channels dedicated to pay-per-view distribution and promotion, including on-screen ordering of movies and events; "multiplexing" (or different versions) of two popular premium services, HBO and Cinemax, plus several additional popular cable programming networks. The Quantum service is being provided at no additional cost to "Touch" tier subscribers of the 75-channel service currently available to Time Warner customers in Queens. The total monthly rate is $23.95.
 The expanded pay-per-view operation brings the video store into the customer's home, with unprecedented choice and convenience. Sixteen separate motion picture titles are available at all times. Five of these are newly released major hit films with starting times every half hour. The balance of the films are chosen to appeal to the widest possible variety of cable viewers' interests, and include return Hollywood hits, action movies, children's classics, art/ethnic foreign- language productions and adult films. Movies are priced between $1.95 and $4.95. Special events are also offered and priced individually.
 The multiplexing of Home Box Office and Cinemax is an innovative program-delivery concept that allows the customer to choose from a total of three HBO and two Cinemax channels at any given time, each programmed on a different schedule. This increases customer choice even further.
 Other new program services available on Quantum include the Monitor Channel, Nostalgia Television, NASA Network, Vision Interfaith Satellite Network, Mind Extension University, International Channel and Scola. Several other channels in the Quantum service have been set aside to experiment further on the development of interactivity and potential cable services to the home.
 The 150-channel system is made possible by the innovative use of fiber optics, traditional coaxial cable and electronic hardware newly developed by manufacturers to satisfy the stringent performance demands of the system and its Quantum service.
 The new Quantum service is available to homes in the communities of Whitestone and Bellerose and is scheduled to be available to as many as 10,000 homes in Queens in the coming months.
 Time Warner's cable operations in New York City are managed by the Time Warner New York City Cable Group. The Brooklyn/Queens Division of the group, headed by Barry Rosenblum, is managing the 150-channel system. The division is comprised of American Cablevision of Queens, BQ Cable and Queens Inner Unity Cable. All three systems currently offer 75 channels with four channels of Time Warner Home Theater pay- per-view. The Time Warner New York Group also includes Manhattan Cable Television (MCTV) and Paragon Manhattan Cable, both of which are being rebuilt to provide 75 channels by the end of 1992.
 Time Warner Cable is comprised of Warner Cable Communications, a wholly owned subsidiary, and American Television and Communications Corporation (ATC), 82 percent-owned by Time Warner Inc. The Time Warner New York City Cable Group is the largest contiguous cable operation in the world, serving more than 770,000 TV homes in three boroughs of New York City. The group also will soon manage the 70,000-subscriber Staten Island Cable system, following an agreement announced last week, subject to regulatory approval, in which Time Warner joins Cox Cable in a 50-50 joint venture ownership of that system.
 Time Warner Inc. is the world's leading media and entertainment company with interests in magazines, filmed entertainment, cable television and television programming, recorded music and music publishing, and books.
 -0- 12/18/91
 /CONTACT: Harriet Novet of the Brooklyn/Queens Division of the Time Warner New York City Cable Group, 718-670-6672; Jim Duffy of American Television and Communications, 203-328-0620; or Edward Adler of Time Warner, 212-484-6630/
 (TWX) CO: Time Warner Inc. ST: New York IN: ENT SU: PDT


GK-OS -- NY004 -- 3354 12/18/91 11:01 EST
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Date:Dec 18, 1991
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