Having landed US West Inc as a major investor in its cable television subsidairy, Time Warner Inc says it is still seeking other partners in the development of a full service interactive television network, but it will not seek deals as large as the US West alliance: included in the full service network will be movies on demand, home shopping, games, local concierge services and education, which will first become available to 4,000 subscribers in Orlando, Florida; subscribers will also have the Hewlett-Packard Co printer to print out hard copies of articles, coupons, maps and other items in the network; those taking the movies-on-demand services will be able to rewind, fast-forward and pause, just like having a VCR, when the movies are being sent to the home; the company reckons the cost per home for the full service network will be about $300 for the switching and storage capabilities, $300 to $350 for the converter box and another $200 to $300 for the underlying network upgrade; Time reckons it will take until 1998 to offer the services on all its US systems.
