Monday, August 23, 2004

Your Cable Dollars at Work!

The following blurb and link were contained in an email eLetter from Southeast Tech Wire today:

o Discovery Acquires Raleigh-based Rainbow Educational Media

Raleigh, N.C. -- Discovery Communications, the Maryland-based media
company behind such cable TV stalwarts as The Discovery Channel and TLC,
said on Monday that it has acquired Raleigh-based Rainbow Educational
Media, a publisher and distributor of core-curriculum educational videos,
CD-ROMs and DVDs. A Discovery spokesman said that the principals of
family-owned Rainbow -- also known as the Charles W. Clark Company -- plan
to retire, with the business being absorbed into Discovery's current
facilities. Financial terms of the deal were not disclosed.

What's the connection? Well, Cox is an owner of Discovery Communications, owner of The Discovery Channel and The Learning Channel (TLC).

This just in: Cox still has no plans to build a fiber to the premises network in Lafayette!

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