BIZ WATCH: May 12, 1997


It may have been the most expensive pizza-delivery system ever invented. Last week media giant Time Warner (TIME's parent company) announced that it was pulling the plug on its ambitious two-way cable-TV project, the Full Service Network, launched in Orlando, Fla., in 1994. At that time then ceo Gerald Levin predicted FSN would be "a medium for providing people with unprecedented access to information and entertainment." With just a remote, subscribers could scan countless TV channels, bring up movies on demand, shop at home or order a pizza.

Levin was half right. Consumers are very interested in...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!