Reported by Star-Bulletin staff & wire
Tuesday, August 25, 1998
Video game makers cut prices as sales soar
NEW YORK -- Sales of video games are hot, but the leading manufacturers keep cutting prices. Sony Computer Entertainment America slashed the cost of its PlayStation console by $20 to $129 in June, and today announced the same discounts on its PlayStation package with new, more advanced game controllers.No. 2 Nintendo Co. also trimmed prices earlier this summer, offering consumers a $22 rebate on its $150 Nintendo 64 system. Sales of video games rose 50 percent to $3.80 billion last year from 1996, mostly due to strong sales of Sony and Nintendo products.
Infoseek, AT&T in online marketing deal
SUNNYVALE, Calif. -- Infoseek Corp., the Internet search and directory service, has launched Infoseek Online, part of a marketing venture with AT&T Corp.Under the three-year agreement, AT&T will cross-market its Internet-based multimedia services with telecommunication services such as long-distance, wireless, and Internet access.
The service provides Internet access for $9.95 a month for the first three months. After the first three months, service will be $19.95 a month for 150 hours of Internet access. The new marketing pact -- similar to others already made with Lycos Inc. and Excite Inc. -- is called "Infoseek Online powered by AT&T WorldNet Service."
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