NBC, Snap, Xoom combine for new Internet site - May. RealNetworks shares fell 1-9/16 to 87-1/8 in morning trade. The company will be merged with all of NBC's Internet assets and Web community Inc. 's ( GE) NBC broadcasting network and Internet firm CNET Inc. is a joint venture of General Electric Co. has been developing a separate "rich media" Web site, which features audio and video content, for users with high-speed Internet access. The deal also calls for to integrate RealNetworks' RealGuide directory listings of multimedia content on its portal site. Through 's technology, users will be able to search for multimedia content on the Web directly from the RealPlayer G2 program. RealNetworks' RealPlayer software delivers audio and video information from the Web. Financial terms of the agreement weren't disclosed, but Tom Frank, RealNetworks senior vice president of media publishing, called the alliance "one of the largest financial transactions we have entered into in the content aggregation arena." Under the deal, will pay a fee to RealNetworks ( RNWK). Monday picked Web portal to provide technology to search the Internet for audio, video and multimedia programming. NEW YORK (CNNfn) - Multimedia software firm RealNetworks Inc. Internet portal to provide search technology to RealNetworks RealNetworks, in Web alliance - May 17, 1999
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |