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From the New York Times: "Looking to evolve with its
youthful audience, the MTV cable network is reinventing itself
again:
It will integrate its two cable channels with its Internet Web
site to create what its executives are calling 'a multimedia version
of the MTV brand.'
"Among other elements, the new plan for the channel
aims to take advantage of the wounding of the music-sharing Web
site Napster, by offering viewers, for a fee, first access to
new music. MTV also aims to persuade cable operators to expand
the distribution of the second MTV channel, MTV2, by using its
promotional power to tout the advantages of the operators' high-
speed Internet connections...
"It was essential to incorporate instant messaging
into the MTV Web site,
(president of MTV's interactive division Nicholas) Butterworth
said, because the main thing young viewers are doing on the Internet
while they watch television is communicating with friends. MTV
intends to expand greatly the "radio player" icons on its Web
site, offering more diverse kinds of music. And it hopes to connect
fans of that music and of the various artists that appear and
MTV and MTV2 through the messaging."
Read this entire article here.

From LocalBusiness.com: "MeasureCast
has laid off 13 members of its staff, LocalBusiness.com has learned...
The company had 35 people and is now down to 22, communications
director Sven Haarhoff confirmed.
The layoffs were in all areas of the company. There are no plans
for further layoffs at this time. The senior executive staff remains
in place, he said.
"'It was a painful decision to lay off some of our employees,'
he said, but 'it is necessary to enable the company to weather
the current downturn in the economy, while still providing products
and services.'
"'Revenue is coming in, the company continues to sign
up customers, and orders have not slowed down,' he said. MeasureCast's
customers are both broadcasters and advertising agencies."
Read the entire story here.
...
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...
This sounds like it might be reasonable "right-sizing."
Back in the 1995, Strategic Media Research had AccuRatings
up and running in over 70 markets, generating several million
dollars a year in profitable revenues, with a staff of only
12 dedicated full-time employees (plus some shared executive
and adminstrative staff from Strategic). -- KH
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From DotComScoop: "IUMA,
one of the original Internet destinations for music, has found a
buyer in European-based
Vitaminic. The Redwood
City, CA company was ceased business operations last month when
its parent eMusic pulled the plug on the site. Terms of the deal
were not announced...
"IUMA expects to restart suspended services within a
week, according to the statement.
"'Within a week, IUMA is scheduled to begin accepting
new artists and relaunch all IUMA services including new submissions,
site stats, charts, features, the IUMA A&R affiliate network and
all revenue-sharing programs. Over the next few months, Vitaminic
will allow IUMA to extend its functionality with e-commerce, subscription,
syndication and mobile features, providing the extensive artists
community with new opportunities to reach a wider audience and earn
additional revenues,' read (a) statement."
Read the story here.

From the press release: "NetRadio
today announced that it had completed a restructuring of approximately
$9.6 million of debt owed to Navarre Corporation.
"Navarre is NetRadio's largest shareholder and, prior
to its initial public offering in October 1999, NetRadio's parent
corporation. Under the terms of the restructuring, Navarre has forgiven
$5.5 million of the debt in exchange for a $1 million prepayment
by NetRadio to be made March 26, 2001. These transactions leave
a current balance owed to Navarre of approximately $3.1 million,
due in November 2001."
Read the press release here.
Reprinted from Friday...
This is in response to yesterday's reported death of the Kerbango
Internet radio appliance...
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"I
thought it to be a great idea."
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I was especially distressed to see that 3COM has abandoned
the Kerbango product as seven of our music streams were listed in
their excellent data base from the beginning.  We
were looking forward to even greater Internet audiences when the
product hit the stores as at one time over 65% were "tuning in "
to Sunlite Radio,
from the links on their home page.
I agree, however, with Kurt that when 3COM announced it would only
work on high speed connections (I have that at the office, but not
home), I was very concerned about the success of the project.
Still, as it was originally conceived, I thought it to be a great
idea. I am very sorry to hear of this news.
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Allan Winters, President
Sunlite Broadcasting
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"Like
building a radio with AM only..."
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The other thing that I think hurt Kerbango was its ability
to receive (only) MP3 and Real streaming. Not having Windows Media
access is like building a radio with AM only (or FM only, depending
on which streaming you like better).
I think there is a future for a Kerbango-type product, but it has
to be as ubiquitous as a standard radio for it to succeed.
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Rich Petschke, President
RIS Solutions
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Try
it out! Explore the wide world of
Internet audio by clicking the screenshot above.
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