LATEST ADDITIONS

An ambitious plan to bring high-speed interactive video services to cable subscribers in the New York area has been announced by <A HREF="http://www.sony.com/">Sony Corporation</A> and <A HREF="http://www.cablevision.com/">Cablevision Systems Corporation</A>. Sony will supply approximately 3 million set-top converter boxes to Cablevision customers.

Movie fans don't normally associate an organization as stodgy as the <A HREF="http://www.AICPA.org/">American Institute of Certified Public Accountants</A> (AICPA) with the glamour of Hollywood, but as of Tuesday, September 14, the accountants' group will have had an everlasting effect on the industry and its notoriously loose accounting procedures. A new set of rules about the way the industry figures profits and losses will soon cause some irrevocable changes in the financial picture of the movie business.

Years ago, Brian Eno pushed the artistic envelope with "sonic wallpaper," or background music as art. Artists working in film and video have exploited the concept too, using their cameras to record campfires, roaring surf, sleeping people and animals, stationary buildings, and other excruciatingly boring subjects. In playback, such fare tests viewers' patience and challenges their assumptions about art.

Competition in the personal video recorder market heated up considerably on September 8, when <A HREF="http://www.sony.com/">Sony Corporation of America</A> announced that it had made an equity investment in <A HREF="http://www.tivo.com/">TiVo, Inc</A>. TiVo is a Sunnyvale, California-based maker of personal video recorders (PVRs), a new category of product using hard-disk technology for time-shifting television viewing.