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One of the radio trade publication websites ran the following
item for several hours yesterday afternoon: "According to employees
of MP3Radio.com, the
Atlanta company will be purchased by
MP3.com and the operation
will be moved to San Diego where MP3.com is located, at the end
of this week.
"MP3Radio.com provides content to radio stations including
MP3 recordings of local bands, music calenders, and concert information
that’s
integrated into a radio station website. It has about 100 radio
stations on the roster.
"MP3.com officials would not comment [except] to say that the
'partnership continues' between the two companies.
"The reason for the purchase, according to MP3Radio.com employees,
was the competition between the two companies. 'MP3,com wants to
play a more active role with radio stations and MP3Radio.com constrains
that business plan."
| Warning:
Although this story was posted on Wednesday afternoon,
it was GONE on Wednesday night. So was it merely an unsubstantied
rumor? (The article also said that MP3Radio.com
President Gregg Lindahl was expected to be reassigned
somewhere within the Cox organization but that the future of
recent executive hire Craig Hahn was unclear.) |
| THU.
12N CDT UPDATE: According to Radio Ink, "An
official announcement will be released on the sale tomorrow.
Employees have been given the option of staying on with
the company and moving to San Diego. We will have complete details
tomorrow along with interviews from the parties involved. Radio
affiliates not to be negatively affected by change." |
From the company press
release: "Stellar Networks announced
the appointment of Michael Kakoyiannis as President and
Chief Executive Officer. Kakoyiannis brings over 25 years of radio
experience to Stellar Networks, an Internet audio broadcaster targeting
vertical markets.
"Kakoyiannis most recently founded and served as CEO of Big
City Radio, Inc. Kakoyiannis took Big City from inception to a
$28 million IPO, then on to an additional $174 million high yield
offering, and beyond.
"Leveraging the success of Stellar's first channel, Kakoyiannis
will now lead the launch of three new target channels over
the next 12 months.
"'The addition of a veteran broadcaster of Kakoyiannis' caliber
speaks to the emergence of Internet broadcasting as the next mass
medium,' said Brace Young, Stellar board
member and former partner of Goldman Sachs. 'Mike's leadership
skills and tremendous background in managing
major
metropolitan radio stations will have a strong impact in building
Stellar's position in the Internet broadcasting space.' In October,
the Company completed its Series A round, which was lead by a group
of Goldman Sachs partner alumni.
Read the complete press release on the Stellar Networks website
here.
Mike was previously an executive with Westwood One and before that
VP/GM of WNEW-FM/New York.

From their website: "Stellar Networks, a leading Webcaster,
creates original broadcast programming for
vertical markets and distributes it via the Internet using streaming
media technology. With a listenership ranging from 55,000 - 80,000
unique listeners monthly, Stellar has earned the distinction of being
one of the top Webcasters in the market today.
"Our mission at Stellar Networks is to provide intelligent, compelling,
and entertaining programming for vertical markets in an interactive
format. These markets include women, teens, gays, and Latinos. In
the spring of 2000, Stellar Networks will launch the women's channel,
a full-service network offering news, information, and entertainment.
"Listeners of Stellar Networks' webcasting channels experience
a rich array of news, music,
live and interactive talk programming led by experienced hosts, and
on-demand/archived programming. The topics range from personal finance
to travel, health, career, arts and entertainment reviews/interviews,
sexuality, politics, and spirituality...
"An
exploding market: Today, more than 140 million users
access audio and videoprogramming
over
the Internet using RealAudio® and Microsoft® Windows Media technology,
and more than 50% of these users tune in to hear talk programming
and music. According to Arbitron, Internet listeners spent over
1.3 million hours listening to Internet audio during the month
of October 1999."
| Note
that if it was really true that 50% of 140 million people
were actually listening to Internet audio and that their combined
listening added up to 1.3 million hours per month, that would
work out to an average TSL to Internet audio -- from listeners!
-- of 1.1 minutes of listening per person per month --
or 17 seconds per person per week. That seems unlikely.
(At least one of the statistics quoted must be a misquote.) |
Stellar
Networks is based in Seattle, WA.

From Radio & Records: "Norm Pattiz Elected
InterPacket Chairman: Pattiz is still Chairman
of Westwood One, but he'll also lead the board of directors for
InterPacket Networks, a satellite-based Internet services network.
This isn't Pattiz's first venture into the Web - he already is on
the boards of Internet holding company eAngels as well as digital
content producer Studiox2." Also...
"Jeff Marcus, Ex-AMFM Execs Join eVentures: eVentures
Group is a relatively new firm that
will invest in Internet communications companies, and Marcus will
serve as its Chairman/CEO. Marcus left AMFM's CEO post last year
in a corporate restructuring that left Jim de Castro as Radio CEO;
de Castro left the company in February. Former AMFM CFO Tom McMillin
soon will become eVentures' CFO, and Dan Wilson and Chad Coben,
who had worked in AMFM's Strategic Development department, are now
eVentures' SVPs/Corporate Development." (RAIN note:
Marcus only briefly held the AMFM positon; his previous background
was in cable.)
More in R&R here
(registration required).
As promised...

From Monday's Radio Business Report: "A real possibility
for high quality Internet streaming in your car or on a cell phone
in your future? In order to help speed the delivery
of new technologies into the hands of consumers, the FCC
is looking at a controversial new technology that could facilitate
the next generation of wireless delivery -- 'Ultra Wideband'
(UWB).
"Using the UWB transmission scheme, streaming audio/video/Internet,
high-speed wireless networks, and data transmission functionality
could well surpass that of wireless services out there today, with
multiple hundreds of megabits streaming per second.
"[A
company called] Multispectral Solutions has been working
on developing applications for UWB for 15 years, Dr. Bob Fontana,
Multispectral President, tells RBR...
"Bryan Tramont, Legal Assistant to Commissioner Harold
Furchtgott-Roth tells RBR, 'Our
office believes that Ultra Wideband is a promising new technology
and the Commission would be remiss if it weren't to at least conduct
a NPRM and some testing to figure out if the American people
can enjoy [its] benefits,'
"Is UWB better for, say, taking the net mobile? 'Advantages
for UWB include very short pulse widths, so in a multipath environment,
they resolve distortion and interference issues. You can get much
more kilobits per second through it in the presence of severe multipath,
and that lends itself to better audio and video streaming in a mobile
environment,' explains Fontana.
Does this make sense to you? And do you have any idea what
an NRPM is? Feel free to share your knowledge with other
RAIN readers here.
(You can read this full piece if you received Monday's hard-copy
issue of Radio Busines Report. A good FAQ on UWB from
the Multispectral
Solutions website is here.)

BY MEL TAYLOR
After sixteen years of working deep within the radio industry,
everything from being a jock, to programming, to recently
as a sales and marketing guy, at places like CBS, Chancellor
and AMFM, I recently decided to take a step out of "the box."
(Sometimes I looked at radio as 'a box' because it felt like
something I was 'in', and I often had to look outside of it
for New Economy perspectives and cutting-edge Internet success
stories. I once heard someone call Radio a "fluorescent cubicle
farm -- with a microphone and a hard drive in the back room."
Ouch. That hurts).
About five years ago, I started repositioning myself for "digital
convergence" -- this hybrid TV/radio/Internet/wireless virtual
gizmo of sorts. I also watched in amazement how the financial
and automotive industries, among countless others, were, and
still are being shaken to their roots by this locomotive called
the Internet. It was because of these compelling paradigm shifts,
that I finally decided to really understand how these new digital
technologies could affect radio, and most importantly, how radio
could harness them for business.
(Of course, traditional, terrestrial radio won't totally collapse
anytime soon, but it certainly will have to fight a lot harder
for eroding slices of the pie. The Internet, satellite and wireless
people will see to that. To prove this point, blow a call into
any network TV executive and ask them if the explosion of cable,
satellite TV, and pay-per-view caused them any discomfort over
the past 10 years.)
As I'm getting ready for my annual trek to the NAB Convergence
Conference
in Las Vegas next week, I've been thinking about some of the
changes that have occurred in my sixteen-year radio career.
After losing DJ gigs to satellite feeds a few times, and seeing
Internet music sites popping up everywhere, it became obvious
that I had to update my skill sets, hang up the headphones,
and figure out how I can harness these new digital tools of
communication. That's why I love going to NAB Vegas -- to stay
current on the various ways of interacting via the Web, and
to learn how radio can take advantage of it.
So here's the deal: I'll use this trip to NAB to either
confirm or deny, that the radio industry is very well positioned
to maximize Internet synergies, if and when they decide to.
While at the daily workshops, seminars and exhibits, I'll try
to be your virtual RAIN correspondent. And if you're
there too, come up and say hi. Hopefully, we'll discover some
key applications and hardware that show potential in the music
delivery and content space. Then it's up to all of us, to figure
out how it relates to traditional radio models.
Oh and yes, maybe I'll snap a few digital pix of the fountains
at Bellagio, before trying to catch that rumored 'Celebrity
Death Match' between the NAB's Eddie Fritts and the FCC's Bill
Kennard. Wouldn't mind getting stuck in an elevator with those
two guys! |
| Mel
Taylor has a 16-year career in Radio that spans everything
from Programming, Sales, Marketing, and even using the on-air
name of 'Mel Toxic' for most of them. His background includes
stints at WYSP, WDRE, WJJZ, and WIOQ Philadelphia. Recently,
Mel has joined AXIOM Studio in Philadelphia, a digital
design firm that specializes in 'eBranding for the eConomy',
as Director Of Client Services, where he services the Radio
Industry, and their growing need for more consistant 'station
branding' across all platforms; print, web, wireless, e-mail,
etc. Watch for Mel's reports from Las Vegas next week in
RAIN.
|


In the most exciting contest in the history of Web-based
newsletters about radio and Internet issues -- the RAIN Viral
Marketing Contest, Phase Three -- we're giving away next
week, to one lucky RAIN reader, a fantastic prize package.
We've previously
announced that that fantastic prize package includes a state-of-the-art
Sony digital music player and a state-of-the-art wireless-Internet-ready
Nextel cell phone. And now this week we're adding something
even cooler -- a Kerbango Internet radio!
It's a gorgeous-looking little table-top-sized radio that will be
able to pick up hundreds or thousands of Internet radio stations,
with no PC required. (Read more about it here
and here.)
Kerbango's marketing director, Mark Auerbach, has promised
that you'll receive one of the very first delivered units
-- in fact, you may even get to be one of the beta users!
And all you have to do to be eligible to win this fantastic
prize package
is to recommend RAIN to friends and colleagues in your address
book who you think would enjoy reading RAIN. (And let
us know by "cc:"ing kurt@kurthanson.com.
As we've told you before, if you've already recommended RAIN
to some of your industry colleagues, then you're already eligible
to win. (Check the list here
to make sure your name has been put in the hat.) However, it would
no doubt be good karma if you could think of a few more people
(whether superiors, subordinates, or peers) you could also drop
a line to.
So, why not tell a dozen or two
of your industry colleagues
about RAIN today?
If you need sample e-mail verbiage to use in making the recommendation,
click here.
Although your own words would probably be even better.
That way you'll make sure your name is in the hat for next
week's drawing to select the winner of this fanatastic prize package.
Thanks...and good luck!
More
coming soon! Contribute your suggestions here.
(Suggestions already in the hopper include CableMusic.com, RadioWoodstock.com,
Nerve Radio, Radio Gogaga, and HotCountryHits.)
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issue?
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