Bill and Ted’s Excellent Network? The Los Angeles Times reported last week that Bill Gates and Ted Turner recently met in Seattle to discuss Microsoft buying a $1 to $2 billion stake in Turner Broadcasting System, Inc. Microsoft is said to be interested in both the CNN brand name and in Turner’s video library for use on the Microsoft Network; Turner is probably interested in an infusion of cash either to buy back Time Warner’s 18 percent share of his company or to make a bid for CBS, the broadcast network currently being purchased by Westinghouse. If this goes through, perhaps we can look forward to the release of "Casablanca 96." [GD]
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