Those SEAC video servers continue to rack up diverse deals and publicity:
SANTA MONICA, CALIFORNIA-July 8, 1999-The Los Angeles Music
Awards (www.lamusicawards.com) has signed a Letter of Intent with Merging Rivers Media, a subsidiary of USA Video Interactive system (NASD: USVO; ASE: US; www.usvo.com), to produce a web broadcast of its 9th Annual L.
A. Music Awards ceremony being held at Hollywood's House of Blues on
November 15 .
USA Video Interactive, through its Merging Rivers Media subsidiary, will videotape, digitize and compress the event using its Wavelet compression
technology, and will host it on the Internet, accessible from a link on
the L. A. Music Awards website. Upon successful demonstration of the
USA Video Interactive technology to L. A. Music Award officers, the
Letter of Intent will move to a contract with terms and conditions to be
negotiated.
The USA Video Interactive system will host the broadcast on its NT-based
servers from SeaChange International (Nasdaq: SEAC; www.schange.com)
which are being installed on the UUNET Internet network. The USA Video
Interactive technology allows users to view streaming video or to access
digitized video libraries, including movies, sports, other entertainment, educational resources, corporate training seminars and other archives.
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