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DIVA Systems Corporation
800 Saginaw Drive, Redwood City, CA 94063 * (650) 779-3000
Business Description The is a leading provider of interactive, on-demand television products and services.
Filing
Information

Not yet
public

To Trade As  DVTV (NASNTL) Industry  Telecommunications (SIC 4841)
Type of Stock Offered Common Shares Filing Date  5/9/00
Domestic Shares Filed 0 Filing Price  - -
Foreign Shares Filed  0 Offering Amount  $75,000,000
Company Shares  0 Est. Expenses  - -
Selling Shrhldrs Shares  0 Post-IPO Shares  - -
Primary
Underwriting
Group
Underwriter NameParticipationUnderwriter Phone
Goldman, Sachs & Co. Lead Manager (212) 902-5959
Merrill Lynch & Co. Co-manager (212) 449-4600
Salomon Smith Barney Co-manager (212) 723-7300
Income
Statement
and
Cash Flow
Summary
  Prior
Audited
Income
Latest
Unaudited
Income
  Full Year Audited Figures 6 Months Ending
Figures in U.S. millions except per share data   6/30/96 6/30/97 6/30/98 6/30/99 12/31/98 12/31/99
Revenues   - 0.000 0.000 0.082 0.293 0.120 1.115
Income from Oper.   - -11.300 -28.708 -70.463 -81.942 -33.259 -33.167
Net Income   - -11.273 -33.968 -90.868 -107.264 -44.676 -48.885
E.P.S   - -1.030 -2.220 -4.920 -6.310 -2.650 -2.790
Revenue Growth (%)      - - - 257.317   829.17
Net Income Growth (%)      - - - -   -
Oper. Profit Margin (%)    - - - - - - -
Net Profit Margin (%)    - - - - - - -
Cash Flow - Oper.     -53.62 -21.46 -24.20
Cash Flow - Inv.     -24.98 -34.21 -19.60
Cash Flow - Fin.     0.29 0.17 7.47
Balance Sheet
Summary
and
Financial
Ratios
Balance sheet as of: 12/31/99 Financial Ratios
Total Assets    133.33 Current Assets    113.59 Current Ratio    22.68
Total Liab.    301.98 Current Liab.    5.01 Debt Ratio    226.49%
Total Equity    -168.65 Working Cap.    108.58 Debt to Equity Ratio    -
Cash    52.91    Return on Assets   -
Use Of
Proceeds
The proceeds from the proposed offering will be used for general corporate purposes, including working capital and to fund operating losses and capital expenditures.
Legal Counsel
Registrar
Auditor
Issuer's Law Firm  Wilson, Sonsini, Goodrich & Rosati
Bank's Law Firm  Shearman & Sterling
Registrar/Transfer Agent  ChaseMellon Shareholder Services, L.L.C.
Auditor  KPMG LLC
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Principal
Shareholders
Name of Shareholder% Owned
Before
% Owned
After
Acorn Ventures, Inc. 12.10  
Merrill Lynch Global Allocation Fund, Inc. 9.40  
Putnam Funds and Accounts 8.10  
Sarnoff Corporation 5.70  
Note: represents ownership of 5% or more prior to the offering.

Last updated: 5/29/00 12:56:16 AM
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