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The following was sent to RAIN via e-mail from Todd Herman
of theDial.com, most of the assets of which were recently acquired
by Loudeye Technologies...
BY TODD HERMAN
You may have read in the news that theDial’s
audience, player, back-end technology, contracts, trademarks,
web presence, brand names and affiliate network have all been
acquired by
Loudeye. Loudeye has
also hired most of our entertainers, music directors, our ad and
commercial music sales department, as well as our cofounder/director
of R&D, Christopher Taylor. In addition, Loudeye has retained
Matt and Ed Bruno, the dynamic duo.
As you all know, the private capital markets have gotten
to be a bit, uh, tepid of late. theDial ran into that wall and
we decided it was the right time to sell -- like many companies
are doing these days.
Nothing will diminish my pride in what we accomplished.
We sold some of the first interactive audio ads ever and shattered
the CPM barrier with clients like: Folgers, Sears, The Discovery
Channel, Proctor & Gamble, The Oakland Raiders,
Sprint and Sprint DSL. We proved that audio advertising works,
much better than the banner ever will and we never took short
dollar for advertising. In fact, the minimum price for an audio
on theDial was $35.00 CPM.
Through it all we maintained our trademark creativity which
set our sound apart from a host of music-only sites (some of which
were run by friends -- so no put down intended). I am probably
most proud of that. Depending on how we know one another thanks,
respectively, for your support, your business and/or your friendship.
I look forward to working, seeing and/or talking with all of you
soon.
Todd can be reached via e-mail here,
or at 206.612.3465.
From the press release: "With broadcasters struggling
to produce ad dollars in the uncertain economy, AP
Radio
has developed a business model that helps stations generate
nontraditional revenue in the dynamic online world.
News/talk-leaderWPTF
in Raleigh is tapping into AP's strategy and is set to launch
TriangleNewsRadio.Com, using AP's streaming 'All News Radio'
as the backbone of its Internet broadcasts.
"Beginning July 15, the Curtis MediaGroup-owned
WPTF will couple their own local reporting with AP's state
and global resources and features to target listeners and advertisers
with a common interest -- the North Carolina research triangle.
The strategy allows WPTF to provide specialized, niche programming
to an online audience while facilitating targeted advertising
by companies interested in reaching this refined audience. Bonneville's
WTOP in
Washington pioneered the strategy successfully two years ago
with its Federal
News Radio."
From EuropeMedia.net: "Capital
Interactive, the Internet branch of Capital
Radio, has signed a
deal with MSN.co.uk to
become the sole supplier to their online music services.
"MSN are hoping to develop a strong Internet music presence
under the MSNmusic.com brand. Online music is fast becoming a competitive
market, with Yahoo!, MSN’s main competitor, recently acquiring
the streaming music site Launch.com,
and signing up with Duet, the online digital music subscription
service from Universal Music and Sony.
"MSN and Capital’s strategy will be to launch three
radio stations which will be accessible through the website. The
stations will be aimed at particular niche markets. ATK13
will be aimed at gamers, Chyra
will target women, and Glisn
will be an R&B and soul station."
Have
an opinion on this article?Share it! Simply
click the headline at left to bring up a convenient "Submit"
form.
RadioWave tests multicast
technology From RBR.com: "The latest webcaster/streaming provider
to look at low cost peer-to-peer sharing of bandwidth
between users: RadioWave
is currently beta testing with vTrails.
The company's technology is based on intelligent routing and
peer-to-peer technologies that overcome the bandwidth and infrastructure
limitations experienced in streaming media. vTrails aims to
help RadioWave by reducing bandwidth and eliminating network
bottlenecks by using peer-to-peer networking to avoid overloading
the server."
deCastro joins MBC board
of directors From
R&R: "The MBC, or Museum of Broadcast Communications,
administers the U.S.'s only Radio Hall of Fame. Currently CEO
of Nothing But Net, de Castro" (pictured, left) "was
cofounder/COO of Evergreen Media then Vice Chairman of AMFM."
Read this article here.
Jimmy deCastro is also a member of the board of directors
of Strategic Media Research, of which RAIN publisher
Kurt Hanson is CEO.
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