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Strategies & Market Trends : WR's Momentum Trades

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To: Bernard Ng who wrote (8685)11/2/2000 8:44:29 AM
From: Wayne Rumball  Read Replies (1) of 11130
 
GlobalMedia.com Pumps Up the Volume with ALWAYS ON Channel in RealNetworks'
RealPlayer

VANCOUVER, Nov. 2 /PRNewswire/ - GlobalMedia.com (NASDAQ - GLMC) a leader
in Internet broadcasting and e-services, is proud to announce the release of
the dynamic multi-media channel and directory for its audio and video network:
ALWAYS ON. The video channel can be launched from RealPlayer(R) ,the award-
winning streaming media player from RealNetworks, Inc.(R). A RealChannel(TM)
is a graphical "logo" button embedded within RealPlayer software that allows
users to link directly to great content.
The ALWAYS ON channel
(http://player.globalmedia.com/pms/alwayson_pre.ram) appears alongside well-
known broadcasters who have RealChannels. ALWAYS ON is a direct link to
everything GlobalMedia has to offer - music, radio, talk, and video
entertainment streamed continuously or on-demand 24 hours a day. Listen to
stations from around the world or right next door, with superior streaming
quality via the GlobalMedia Network.
Winston V. Barta, vice president of Business Development noted, "Three
elements are required to make money broadcasting content on the Internet:
brand extension, advertising and e-commerce to monetize network traffic. The
ALWAYS ON channel in RealPlayer gives our customers a tremendous boost in
these key success factors." He added, "This makes our solution the most
compelling choice for broadcasters. "
"We are delighted to offer GlobalMedia's 'ALWAYS ON' channel to our more
than 155 million unique registered RealPlayer users," said Shelley Morrison,
vice president, Media Distribution and Sales, RealNetworks, Inc. "RealPlayer
channels present an opportunity to leverage brand awareness through the
traffic we generate with downloads of RealPlayer. The 'ALWAYS ON' channel is a
great example of how GlobalMedia is using this exposure to benefit its
customers."
GlobalMedia.com's investment in the Real default channel represents both
an important revenue generating opportunity and a compelling tool to assist in
closing marquee clients. Mike McHenry, Executive Vice President Sales and
Marketing for GlobalMedia.com commented: "The availability of prime
sponsorship real estate on the channel has already been a factor in closing
new business and is a strategic value add for attracting brand name clients."
A recent Forrester Research report predicts that by 2004, rich client
interfaces like ALWAYS ON will drive the majority of consumers' PC-based Web
experiences.

About GlobalMedia.com
GlobalMedia.com (www.globalmedia.com) creates end-to-end solutions for
streaming and e-commerce on the Internet and over broadband. GlobalMedia
provides businesses with private label rich media players that generate
revenue through advertising and online retail sales. Winner of the prestigious
Linux Journal award for the "Best Overall Linux Solution" at Comdex fall '99.
GlobalMedia's applications are scalable, easily implemented and highly
customizable. GlobalMedia is a leading publicly traded provider of streaming
solutions to traditional media broadcasters in radio, television and film.

This press release may contain forward looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Exchange Act of 1934 and is subject to safe harbor created by these sections.
Actual results may differ materially due to a number of risks, including
technological and operational challenges, need for additional capital, changes
in consumer preferences and developments affecting the Internet.

RealNetworks, RealPlayer and RealChannel are trademarks or registered
trademarks of RealNetworks, Inc. All other products or entity names are
trademarks of their respective owners.

SOURCE GlobalMedia.com
-0- 11/02/2000
/CONTACT: Leighton Foster, Investor Relations, Porter, LeVay & Rose,
Inc., 212-564-4700, leighton@plrinvest.com; Winston V. Barta, Vice
President of Business Development, GlobalMedia.com, 888-322-2282,
wbarta@globalmedia.com
To request a free copy of this organization's annual report, please go to
www.newswire.ca and click on reports@cnw./
(GLMC)
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