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JANUARY THROUGH APRIL
January: A federal grand jury in New York City investigates
the business affairs and financial practices of A. Frederick
Greenberg and Richard Greenberg, partners in Northwest StarScan
L.P and SkyPix Corp. who plan to launch a video compression-based
DBS service. (Satellite Business News, Jan. 15, 1992)
January: GI signs agreements with HBO Satellite Services
Inc., Showtime Satellite Networks Inc., and Tele-Communications
Inc.'s Netlink to upgrade legitimate VC II decoders to the VideoCipher
II Plus Renewable Security system. (Satellite Business News,
Jan. 29, 1992)
Jan. 1: Thousands of modified VideoCipher II decoders
lose service after a holiday electronic countermeasure by the
VideoCipher Division of Forstmann Little & Co.'s General
Instrument Corp. (Satellite Business News, Jan. 15, 1992)
Jan. 11: The Satellite Broadcasting and Communications
Association's Retail Council criticizes GI's proposed $32 reimbursement
for dealers to replace VC II modules with VC RS modules. (Satellite
Business News, Jan. 29, 1992)
Jan. 31: The Senate passes S.12, the cable re-regulation
bill, by a 73- 18 vote. (Satellite Business News, Feb.
12, 1992)
February: A group led by Paul Allen, co-founder of Microsoft
Corp. and owner of the NBA's Portland Trailblazers, makes an
unsuccessful attempt to buy SkyPix. The Greenbergs consider the
move tantamount to a hostile takeover. (Satellite Business
News, Feb. 12, 1992)
February: Thomson Consumer Electronics Inc. becomes the
lead hardware vendor and compression supplier to DirecTv, Hughes
Communications Inc.'s planned DBS service. Thomson's contract
includes an exclusive deal to manufacture the first one million
DirecTv receivers. (Satellite Business News, Feb. 12,
1992)
Feb. 12: The SBCA Reno Show opens to smaller crowds than
attended the previous year's Las Vegas show. (Satellite Business
News, Feb. 26, 1992)
Feb. 12: The VC RS upgrade begins. The first batch of
legitimate VC II module owners receives notice of the plan by
mail. (Satellite Business News, Feb. 26, 1992)
Feb. 12: DX Communications Inc. announces its return to
the integrated receiver/decoder market. (Satellite Business
News, Feb. 26, 1992)
March: GI begins open VC RS module distribution. Some
hardware companies fear programmers will package modules and
programming to sell directly to consumers. Others believe manufacturers
and distributors with large stockpiles will sell them at reduced
prices. (Satellite Business News, March 25 and April 8,
1992)
March 2: Arbitrators find that the monthly copyright royalty
fees independent superstation carriers pay for their TVRO subscribers
should be increased to 17.5 cents per subscriber and network
and public broadcasting station payments increased to 6 cents.
(Satellite Business News, March 11, 1992)
March 13: Hughes launches Galaxy 5, the first of a new
C-band satellite generation. Manufacturers and distributors see
the new bird as a gateway to marketing a low-cost satellite system
anchored by a 4- to 6-foot fixed antenna. (Satellite Business
News, March 25 and June 3, 1992)
March 19: The FCC strikes down a Deerfield, N.Y. zoning
ordinance that discriminates against satellite dishes. (Satellite
Business News, April 8, 1992)
March 31: All major satellite TV programmers stop authorizing
new VC II decoders. (Satellite Business News, April 8,
1992)
April: Showtime announces it will launch FLIX, a channel
featuring movies from the past three decades. (Satellite Business
News, April 22, 1992)
April 6: GI files a stock offering with the Securities
and Exchange Commission--a request to sell more than 25.3 million
shares at an opening price of $19 per share. It is the first
public offering since Forstmann Little bought GI in 1990. (Satellite
Business News, April 22, 1992)
April 22: A deal with Hughes gives the National Rural
Telecommunications Cooperative the exclusive distribution rights
to 20 channels of DirecTv to rural America. Satellite dealers
express concern the agreement would cut their chances of selling
DirecTv. (Satellite Business News, May 6, 1992) |
MAY THROUGH AUGUST
May:
SkyPix Joint Venture L.P. loses its option for 10 transponders
on Hughes' SBS-6 Ku-band satellite. (Satellite Business News,
May 20, 1992)
May 1: Circuit City, one of the U.S.'s top electronics
chains, unveils plans to sell C-band systems. (Satellite Business
News, May 6, 1992)
May 6: The SBCA executive committee grants Dectec International
Inc. permission to join the association despite the ethics committee's
finding that Dectec violated the SBCA's Code of Ethics. (Satellite
Business News, May 20, 1992)
May 22: Dectec owner John Grayson tells the SBCA he is
no longer interested in joining. (Satellite Business News,
June 3, 1992)
June: Titan Corp. announces plans for a new subsidiary,
Titan Satellite Systems Corp., to produce a decoder module called
the Linkabit Smart Card System to compete with GI's VideoCipher.
(Satellite Business News, July 1, 1992)
July: HBO Satellite says it will offer programming distributors
a major discount on the wholesale price of HBO and Cinemax until
fall 1983. (Satellite Business News, July 29, 1992)
July 16: The FCC adopts rules that pave the way for regional
telephone companies to transmit television programming to the
home via existing phone lines. The SBCA calls the decision a
step toward eliminating program diversity. (Satellite Business
News, July 29, 1992)
July 23: The House of Representatives votes by a wide
margin to tack Rep. Billy Tauzin's program access provision onto
the cable bill before passing it. (Satellite Business News,
Aug. 12, 1992)
July 31: FCC Chairman Al Sikes directs commission staffers
to conduct an inquiry into competition in the C-band decoder
market and into Titan's bid to market a new decoder module. (Satellite
Business News, Aug. 12, 1992)
August: The SkyPix bankruptcy case begins. Ex-employees,
investors, partners, and others try to wrest control of the company
from the Greenbergs. (Satellite Business News, Aug. 26,
1992)
Aug. 6: The SBCA Baltimore Show brings in new dealers.
Of more than 2,000 satellite dealers attending the show, 1,404
had not attended an SBCA show in two years. (Satellite Business
News, Aug. 26, 1992)
Aug. 22: A General Dynamics Corp. rocket carrying Hughes's
Galaxy IR satellite is destroyed five minutes after launch when
a second-stage engine fails. (Satellite Business News,
Sept. 9, 1992)
Aug. 26: Six superstation carriers meet with the SBCA
in Chicago to discuss a strategy to take advantage of the North
American Free Trade Agreement, which could open markets in Mexico
and the Caribbean. (Satellite Business News, Sept. 9,
1992) |
SEPTEMBER THROUGH DECEMBER
Sept. 1: HBO,
Showtime, and Netlink slash prices on module/programming packages
and begin selling them to consumers. Satellite dealers and distributors
complain the move leaves them little room to make money on the
conversion of illegal VC II owners. (Satellite Business News,
Sept. 9, 1992)
Sept. 14: HBO leads the VC II data stream shut-off by
cutting it from transmissions to all Dash 4 modules receiving
western feeds. Showtime follows suit the next day. (Satellite
Business News, Sept. 23, 1992)
Sept. 16: A federal bankruptcy judge declares SkyPix and
SkyPix Joint Venture L.P. bankrupt and takes operational control
from the Greenbergs. (Satellite Business News, Sept. 23,
1992)
October: Some programmers and program packagers rejoice
over chart- busting summer sales trends. October sets a record
at GI's DBS Authorization Center for number of services per dish
owner. (Satellite Business News, Nov. 4, 1992)
October: The U.S. General Accounting Office investigates
the satellite-related activities of rural electric and telephone
cooperatives, focusing on whether the cooperatives are using
government financing to develop their satellite TV business.
(Satellite Business News, Oct. 21, 1992)
October: The multi-system cable operators that own Primestar
Partners L.P. discuss a strategy to make their DBS service more
competitive with Hughes's DirecTv. (Satellite Business News,
Nov. 18, 1992)
Oct. 5: Congress overrides President Bush's veto of the
cable re- regulation bill, handing the cable industry its first
legislative setback in eight years. (Satellite Business News,
Oct. 21, 1992)
November: HBO says module/programming package prices will
increase in January, which also will increase dealers' and distributors'
commission margins to profits instead of losses on package sales
to consumers. (Satellite Business News, Nov. 18, 1992)
November: The federal government grants Titan permission
to export its decoder module to Latin America. GI still awaits
permission from the U.S. Commerce Department to export VC II
modules. (Satellite Business News, Nov. 18, 1992)
November: The FCC begins translating Congress's will into detailed
rules for the cable re-regulation act. The commission is flooded
with lawsuits from the cable industry. (Satellite Business
News, Nov. 18, 1992)
Nov. 9: Paul Allen files his SkyPix reorganization plan
with the U.S. Bankruptcy Court. The document signals Allen's
plans to commit as much as $150 million to launch SkyPix. In
contrast, the Greenbergs' plan suggests they could raise about
$20 million. (Satellite Business News, Nov. 18, 1992)
Nov. 19: Hughes and Thomson conduct the first test of
DirecTv's digital video compression system. (Satellite Business
News, Dec. 2, 1992)
Nov. 23: General Electric Co. sells most of GE Aerospace
to Martin Marietta, but the deal does not include GE Americom.
(Satellite Business News, Dec. 2, 1992)
Dec. 2: TeleCommunications Inc. and HBO announce a tentative
agreement to begin using the AT&T-GI compression system in
1993. The move is considered TCI's most significant action thus
far to combat the introduction of high-power, Ku-band DBS. (Satellite
Business News, Dec. 2 and Dec. 16, 1992) |