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If you're attending the NAB in Las Vegas, we'd like
to invite you to the RAIN Reader
Cocktail Party! It's today (Tuesday)
5-7p, on the outdoor patio at Gordon
Biersch Brewery Restaurant for delicious micro-brewed
beer and garlic fries. The restaurant is just 1/2-mile
from the Convention Center, at the corner of Paradise
and East Flamingo Roads (map here).
For details and confirmation, please call Kurt Hanson
at 773-354-KURT.
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From Gavin: "According to a report from
Webnoize
(registration required), key record company executives
received a demonstration of a
fully functional
subscription platform that will be employed on the
recently announced service from BMG Entertainment, EMI Recorded
Music, and AOL Time Warner's Warner Music Group.
"Progress in the development of MusicNet, announced
officially on April 2nd, has apparently been a well kept secret
at
RealNetworks,
where engineers have been quietly working for nearly a year on
the streaming technology the record labels will use. The service
will also add a digital download function, but that will take
several more months."
Read the entire story
here.
From CNet News.com: "
Yahoo
introduced Monday a new version of
Yahoo
Broadcast, the Web portal's video
and multimedia streaming service, as it explores ways to expand
its business.
"The latest incarnation of Yahoo Broadcast comes as
the Web giant attempts to branch out into
different
types of advertising. So far, most of its ad dollars
grow from banners within its Web pages. The new Yahoo Broadcast
will sell ads similar to traditional styles found on television
or radio...
"On Yahoo Broadcast, the company will sell 30- or 60-second
spots inserted into video or radio feeds, similar to those on television
or radio. Viewers will be able to click on the advertisements or
related links to find out more about products...
"Up to now, Yahoo Broadcast has largely remained in
the shadows. Yahoo acquired streaming media aggregator Broadcast.com
in 1999 for $5 billion in stock, but questions persisted over the
deal's success. Much of Broadcast.com's video and audio streams
were dispersed through Yahoo, such as onto its sports and entertainment
areas."
Read the entire story
here.
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According to BRS Media's Web-Radio,
a record number of broadcast radio stations are currently still
webcasting,
despite a recent trend in the industry to pull streams down.
Statistics released by the firm at the NAB 2001 indicate
the total number of radio webcasters this month is 5058, up from
3537 one year ago. And this new total does indeed reflect the recent
loss of major broadcast streams following uncertainty over the liability
of special AFTRA fees for commercials. And this is in addition to
the absence of any stream from the US's second largest radio broadcasting
company, Infinity.
According to George T. Bundy, Chairman & CEO of BRS Media
Inc., between 80 and 100 stations begin streaming on the Internet
each month.
From the press release: "
RCS
teams with
Activate
as its streaming partner in the rollout of it’s newest product and
service,
iSelector.
As the world’s first fully branded Internet player, iSelector is
a true extension of the radio station, letting
listeners customize a streaming station as they listen...The listener
customizes and shapes the sound of the station by electing to play
songs and artists 'more,' 'less,' or 'not at all' based on their
preference...
"The iSelector stream from Activate also provides the
station ad insertion technology and shows the sponsor’s banner synchronized
to the audio commercial."
Read the entire release
here.
eCompany.com has selected and listed their 100 "Dumbest
Moments in E-business History" here.
Some of the highlights from the top ten include:
"10. (CIBC Oppenheimer analyst Henry) Blodget writes
the following in a column for News.com in January 1999:
'Unlike with other famous bubbles ... the Internet bubble is riding
on rock-solid fundamentals, perhaps stronger than any the market
has seen before. Underlying the crazy price increases are the
foundations of what could become the early 21st century's leading
growth companies.... Just because the Internet stock phenomenon
looks like a bubble, it isn't a given that the bubble will burst...'
"8. iVillage founder and CEO Candice Carpenter tells
Fast Company in February 1998, 'There isn't an Internet company
in the world that's going to fail because of mistakes -- Internet
companies make thousands of mistakes every week...'
"3. E-business consultancy MarchFirst launches a national
branding campaign in June 2000. The campaign's main goal, executives
say, is not to bring in new business, but to enable them to recruit
employees. Price tag: $50 million. The company has since laid
off 2,100 employees...
"2. Mark Breier, CEO and president of computer-software
e-tailer Beyond.com, appears on CNBC's Squawk Box in June 1999
wearing only boxer shorts, to demonstrate that the site's customers
can buy from home in their underpants. He resigns seven months
later, after Beyond's share price falls more than 75 percent."
Read them all here.
