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.
http://biz.yahoo.com/bw/040823/235537_1.html

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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