Amidst much hype, the ballyhooed trend of PC-TV convergence got a boost today, with investor Paul Allen buying cable company Charter Communications for $4.5 billion, as Microsoft, NEC, Alcatel, and DirecTV forged an alliance with Thomson Multimedia to develop and promote interactive television.
Allen buys second cable firm
Billionaire investor Paul Allen has agreed to buy Charter Communications, the nation's tenth-largest cable operator, for $4.5 billion.
Microsoft, Thomson in Net TV deal
TCI deal may speed PC-TV marriage