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DIGITAL MEDIA WIRE -- October 14, 2002
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To Subscribe For Free: http://www.digitalmediawire.com
o Interactive TV Firm OpenTV Lays Off Nearly Half of Staff
o Copyright Office Denies Broadcasters' Request for Stay On Web Royalties
o Sirius Satellite Radio Misses Interest Payment, Banks On Recapitalization
o Virtual Ad Firm Princeton Video Image Gets Nasdaq Delisting Notice
> TOMORROW: Digital Media Wire Event: "Interactive Marketing" | NYC
> Digital Media Wire Event: "iTV Visions" | NYC | Nov. 14
> Featured Event: Digital Publishing Conference, USC M-Commerce Event
o Briefly Noted: Sonicblue ReplayTV - Best Buy, Creative Nomad Jukebox
Zen, Sega Mobile - AT&T Wireless, Comcast - HDTV, Gist Communications -
Etronica, Prismiq, Webby Business Awards, Fandango - Harry Potter,
FoxSports.com - ActiveSky - Verizon, MetaTV
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> Jobs
> Events
> Marketplace: DeskTop Author
Full Classifieds located beneath "Briefly Noted" section below.
To post a Classified Ad:
http://www.digitalmediawire.com/mainpostingpage.html
or contact David Peebler at david@digitalmediawire.com
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o Interactive TV Firm OpenTV Lays Off Nearly Half of Staff
Mountain View, Calif. -- OpenTV, a developer of interactive TV software
and services, announced on Monday that it will lay off 315 employees --
almost half of its entire staff -- and close eight regional offices as
part of a plan to reduce expenses and eliminate redundancies created by
its purchase of Wink Communications. The company expects the plan to save
it $60 million annually, and will take a restructuring charge of
approximately $29.0 million. "Given the challenging economic environment
and also as a result of some significant changes in the business
strategies of the company, OpenTV is taking the necessary actions to
streamline and right-size the company's operations," said OpenTV CEO James
Ackerman. Mountain View, Calif.-based OpenTV acquired interactive TV firms
Wink Communications and ACTV last month for a combined $193.3 million.
http://biz.yahoo.com/bw/021014/140157_1.html
http://www.opentv.com
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o Copyright Office Denies Broadcasters' Request for Stay On Web Royalties
Washington -- The U.S. Copyright Office has rejected an application by a
number of broadcasters for a stay of its ruling that clarified that the
retransmission of an AM/FM broadcast signal over the Internet is not
exempt from paying webcaster royalties for streaming the songs online.
Broadcasters had sought the stay because they believed it would relieve
them from the requirement to pay statutory royalties, which kick in on
Oct. 20. Broadcasters are still appealing a court case they lost in which
they argued they should not have to pay additional royalties for streaming
the same signals they broadcast over the air.
http://www.copyright.gov/carp/stay-amfm.pdf
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o Sirius Satellite Radio Misses Interest Payment, Banks On Recapitalization
New York -- Sirius Satellite Radio, a provider of satellite-delivered
digital radio services, said that it failed to make an interest payment of
$720,000 due on Sept. 30, having elected to utilize a grace period on the
payment that expires on Oct. 30. The company said that it "has been in
final discussions with major stakeholders regarding a substantial
recapitalization of the company," and that if an agreement is reached the
interest payment will likely be addressed as a part of the arrangement.
New York-based Sirius has $250 million in cash on hand, which it expects
to fund its operations into the second quarter of 2003.
http://biz.yahoo.com/prnews/021011/nyf090_1.html
http://www.siriusradio.com
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o Virtual Ad Firm Princeton Video Image Gets Nasdaq Delisting Notice
Lawrenceville, N.J. -- Princeton Video Image, a provider of virtual
advertising and effects for broadcasters, announced that its shares are
subject to delisting from the Nasdaq because the company has not met the
$4,000,000 net tangible assets or $10 million stockholders' equity
requirements for continued listing on the exchange. New Jersey-based
Princeton Video said it requested and was granted an appeal hearing on the
delisting, is continuing to seek new financing, and "expects to announce
further updates in the next thirty to sixty days." The company's
technology enables the "virtual 1st down line" seen in football telecasts
and virtual ads inserted on the field in soccer and baseball game
telecasts.
http://biz.yahoo.com/bw/021013/120014_1.html
http://www.pvi-inc.com
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EVENT -- DIGITAL MEDIA WIRE Presents...
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Interactive Marketing: Where Success Lies Now and in the Future
New York City | Tues. October 15 | 6:00-9:00 PM
Produced with the New York New Media Association, in association with the
Interactive Advertising Bureau.
Sponsors: KMZ Rosenman | NYNMA | IAB
This executive forum brings together leaders from companies such as MSN,
Google, About.com, GoldPocket Interactive and others that are succeeding
in online media. Hear firsthand the strategies, tactics and technologies
that are working today and get a glimpse what is in store for the future.
For more information and to register:
http://www.digitalmediawire.com/events/imarketing_101502.htm
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iTV Visions: Technology Transforming Entertainment
New York City | Thurs. November 14 | 1:30-7:30 PM
In association with the Interactive Television Alliance
Sponsors: Etronica | ITA | Filter Media | AIM
This half-day executive forum will present views on the future of
entertainment based on next generation interactive television technologies
emerging today. Thought leaders from leading edge companies that are
driving these technologies into the marketplace will gather to show how
entertainment is on the verge of yet another radical transformation.
For more information and to register:
http://www.digitalmediawire.com/events/itv_visions_111902.htm
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==================
FEATURED SECTION
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Featured Section posting at:
http://www.digitalmediawire.com/featuredpostingpage.htm
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York City. Space is limited so register now at:
http://www.openebook.org/tabletpc
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Making M-Commerce Work:
Collaboration Strategies for Content Creators, Network Operators and
Service Providers.
An event featuring 2 keynotes followed by an industry leaders roundtable
discussion, 2 breakout panels led by journalists and other leading
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solutions for mobile commerce. Digital Media Wire readers receive a 15%
discount! Register by calling 1.213.740.0980. Oct. 22nd, 9:00am-5:30pm,
Davidson Conference Center, USC, 3415 South Figueroa Street, Los Angeles.
http://www.marshall.usc.edu
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Briefly Noted:
(Santa Clara, Calif.) Consumer electronics firm Sonicblue announced on
Monday that national retailer Best Buy will carry its controversial
ReplayTV digital video recorders starting this month. Santa Clara,
Calif.-based Sonicblue is currently being sued by the entertainment
industry over the ReplayTV's ability to skip commercials and send copies
of TV programs over the Internet.
http://biz.yahoo.com/bw/021014/140163_1.html
http://www.bestbuy.com
http://www.replaytv.com
(Milpitas, Calif.) Digital entertainment device maker Creative announced
on Monday its Nomad Jukebox Zen, a 20GB, pocket-sized MP3 player intended
to compete with Apple's popular iPod device. Milpitas, Calif.-based
Creative said the Nomad Jukebox Zen features both USB and FireWire
connectivity, and is priced 40 percent less than an iPod at $299, after a
$50 mail-in rebate.
http://biz.yahoo.com/prnews/021014/sfm083_1.html
http://www.nomadworld.com/products/jukebox_zen
http://www.apple.com/ipod
(Las Vegas) Sega Mobile, the wireless arm of the video game developer,
announced on Monday that it has partnered with network operator AT&T
Wireless to distribute Sega wireless game on the company's mMode consumer
service. Initial titles that will be available to mMode subscribers
include "Monkey Ball," "Soccer Slam" and "Fast Lane."
http://www.segamobile.com
http://www.attwireless.com
(Washington) Cable TV operator Comcast Communications announced on Monday
the launch of its high-definition television (HDTV) broadcasts for the
greater Washington, D.C. area. Initially, 120,000 customers will have
access to HDTV broadcasts of local channels as well as premium services
including HBO and Showtime. The company expects to expand the service to
750,000 subscribers by the end of October.
http://www.comcast.com
(New York) Gist Communications, a provider of electronic program guides
for television, said on Monday it has partnered with Los Angeles-based
Etronica to incorporate the company's "interest-based-navigation"
technology into its program guides. The technology will for example let
"Friends" viewers access lists of other popular sitcoms or programming
starring Jennifer Aniston. New York-based Gist will initially use
Etronica's technology on its Gist.com TV listings site, while exploring
its use in actual on-screen guides used by cable and satellite TV
providers.
http://www.gist.com
http://www.etronica.com
(San Francisco) Prismiq, a newly-launched maker of networked entertainment
hardware devices and software, announced on Monday its Prismiq
MediaPlayer, a $250 set-top box device that can network home electronics
devices as well as connect to a PC and the Internet to access media. Santa
Barbara, Calif.-based Prismiq said the device will be available through
Amazon.com by Christmas and in retail stores early next year.
http://www.prismiq.com
(San Francisco) The organizers of the Webby Awards, which since 1996 have
annually recognized the best websites in a number of different categories,
announced the creation of the Webby Business Awards -- "honoring sites
that demonstrate excellence in using the Web to achieve specific business
objectives." A call for entries of worthy sites will begin on Oct. 15.
http://www.webbyawards.com/main/biz_overview.html
http://news.com.com/2100-1023-961861.html?tag=cd_mh
(Hollywood) Fandango, a provider of online advance movie ticket sales,
said on Monday it has begun selling tickets for "Harry Potter and the
Chamber of Secrets," four weeks in advance of the sequel's Nov. 15
release. Hollywood-based Fandango has partnerships with over 600 theaters
nationwide to provide online ticket sales. The company said it sold nearly
one million tickets in advance of the last Harry Potter film.
http://www.fandango.com
(San Mateo, Calif.) FoxSports.com said on Monday it has partnered with
wireless technology developer ActiveSky and network operator Verizon
Wireless to offer subscribers rich-color, graphical presentations of
actual sporting events over Verizon's Get It Now downloadable application
service. The $4.99 monthly service will let subscribers see visual
representations of live sports events and games, data, scores, daily news,
schedules and standings.
http://www.foxsports.com
http://www.activesky.com
http://www.verizonwireless.com
(Mill Valley, Calif.) MetaTV, a developer of interactive TV software,
announced on Monday it has promoted Irv Kalick, executive vice president
of sales and business development, to the positions of president and CEO.
Kalick succeeds MetaTV co-founder Andrew Lev, who will remain on the
company's board of directors.
http://www.metatv.com
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CLASSIFIEDS - MARKETPLACE
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Copyright 2002 Digital Media Wire, Inc. All Rights Reserved.
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