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RadioInk.com is reporting that BroadcastAMERICA.com
has filed Chapter 11. According to news source,
SurferNETWORK.com will
merge with the cash-strapped company, and infuse $1 million in cash
in an attempt to save the it.
As reported in a "RAIN exclusive" (here),
the average radio station webcast streamed in October of 1999 by
BroadcastAMERICA.com seems to have had an AQH audience size, based
on a 24-hour broadcast day and rounded to the nearest person, of
zero persons, according to
Arbitron Infostream ratings.
From the RadioInk.com story: "On Monday November 6,2000
BroadcastAMERICA.com, Inc. filed a voluntary petition with the court
for relief under Chapter 11 of the United States Bankruptcy Code,11
U.S.C.
"On November 7,2000 BroadcastAMERICA.com, Inc. received
a letter of intent from SurferNETWORK.com,
Inc. whereby the parties would form a New Company and SurferNETWORK.com,
Inc. would provide $1M of funding provided certain conditions were
met.
"The parties estimate that the new company will need to
raise between $4M-$7M by December 1, 2000. This letter of intent
states that neither the new company nor SurferNETWORK will assume
any liabilities and claims against BroadcastAMERICA."
Read the RadioInk.com story here.
Read the SurferNETWORK press release here.

From MSNBC.com: "While voters flocked to the polls Tuesday,
Internet users jammed Web sites looking for the
latest reports and rumors. Conservatives and liberals argued over
the results — when they could get onto the sites...
"Keynote, a California-based company that measures online
performance, said all of the seven top sites it surveyed --including
MSNBC.com -- showed at
least some evidence of access problems. The Washington
Post was the only news site that was accessible in less
than 2 minutes, 100 percent of the time, from 8 a.m. to 3 p.m. PT
and also from 6 p.m. to 9 p.m. PT, according to Keynote’s
data. However, in Keynote’s final survey, The Washington Post had
slipped to being available 98.4 percent of the time for 9 to 11:30
p.m. PT.
"Four of the seven top news sites (CNN.com,
CNN.com/AllPolitics,
ABCNews.com,
USAToday.com), nevertheless, were accessible in under
two minutes more than 99 percent of the time in the 9 to 11:30 p.m.
survey...
"MSNBC.com’s tally of unique users for Election Day
was expected to exceed 5 million, which would be a 'huge
record,' said Executive Editor Michael Silberman. 'Our previous
record was 3.1 million, which was the day the Concorde crashed in
July,' he said.
"Silberman said traffic began spiking upward at about
noon ET.
“'This shows that users know the Internet is the place to
come for results, even before we were able to report any results,'
he said.
"MSNBC.com, however, was the worst performing news site
in the 9 to 11:30 p.m. Keynote survey, with the site accessible
in under two minutes only 72.5 percent of the time..."
Read
the entire story
here.
|
Have
an opinion on this article? Share it! Simply click
the headline at left to bring up a convenient pop-up form. |

From Radio
Ink: "Radio
Ink has announced the final lineup for its upcoming Internet
Conference. Set for November
28 through December 1 at the Santa Clara (California) Convention
Center, the sessions are designed for broadcast executives and
others who want to learn how to use their Radio stations and experience
to make money on the Internet...
"Ed Ryan, Radio Ink¹s editor said, 'Unlike other Internet
conferences, we emphasize the practical and the do-able. Futurists
and philosophers are very entertaining, but they're not for us.
We also believe in delivering more than we promise. Many of our
previous attendees, in fact, signed up for this conference because
they
know how rapidly things change, and they want to stay ahead of
the curve.'...
"Panels focus on Internet ad sales, streaming media,
ad insertion technology, interactive ad agencies, competitive
media and more. The sessions are preceded by an
Internet "Boot Camp," designed for newcomers and neophytes on
basic Internet technologies and terminology."
Kurt Hanson (pictured
at right), the publisher of this newsletter, will moderate
a panel on the progress stations are making with ad-insertion
technologies.
Radio Ink publisher Eric Rhoads is
pictured above left.
Other featured speakers and presenters set for the conference
include:
| iBEAM CEO Peter Desnoes |
Paul Sagan, president of Akamai |
John Patrick, vice president of Internet technology,
IBM Corp. |
| Mp3.Com CEO Michael Robertson |
Martin Tobias, founder and CEO, Loudeye |
MeasureCast CEO Edward T. Hardy |
| Bill Rose, VP/GM, Internet Information Services,
Arbitron |
Jeff Smulyan, chairman/ CEO, Emmis Communications |
Bob Kohn, chairman of the board, eMusic.Com |
Visit the conference website here.
|
Simply click the headline at left
to bring up a convenient
pop-up form! |

From the company press release: " Sonic
Foundry announced Perfect Clarity
Audio, its new proprietary
audio compression codec.
This technology allows users to compress music in a format
that will not sacrifice the fidelity of the original source audio
recording. While most audio compression technologies such as MP3
and WMA are considered "lossy," Perfect Clarity Audio delivers audio
output that is identical to the original
source and supports both 16- and 24-bit audio.
During the editing process, Perfect Clarity Audio files can
be modified and recompressed without degradation that lossy codecs
add to every generation. Test files have shown compression
ratios of 2:1 and as high as 5:1 with no loss in audio
quality.
Read the entire press release here.
 |
Kurt Hanson is working from the Strategic Media Research
offices today. To reach him, please call 312 726-8300 x.
4401, or e-mail him here.
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Try
it out! Explore the wide world of
Internet audio by clicking the screenshot above.
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