Related news on the good Doctor. Also a note on internet stocks. Wasn't K Tel trading in the 40 range at one time? It is now in the teens.
NW
by Frank Barnako CBS MarketWatch
Dr. Laura's XXX files reopened
Nude photos of Dr. Laura Schlessinger returned to the Internet
Tuesday on a Web site operated by Internet Entertainment Group.
IEG posted them on its ClubLove.com site after Judge Dean
Pregerson of the U.S. District Court Central District of
California lifted a temporary injunction obtained by the radio
talk show host that had forced removal of the pictures within
hours after they went on the Internet last Friday. IEG president
Seth Warshavsky said he was delighted by the court's action. "What
makes them (the photos) so interesting is that Dr. Laura has set
herself up as some sort of stern archetype of virtue who
mercilessly attacks callers if they reveal an extramarital
affair," he said. "The photos and news story show that she, too,
is human and has defects of character."
IEG bought the photographs from Los Angeles talk-show host Bill
Balance, who had a relationship with Schlessinger about 20 years
ago. The photos are on the IEG Web site and available to
subscribers though the site is offering a free, weekly trial
membership.
Playboy deal launches K-tel shares
A deal with Playboy Enterprises (PLA) excited investors about
online music retailer K-tel International today. K-tel shares
almost doubled after the music retailer announced it will operate
a co-branded online music store. The companies also said they
"plan to initiate other exclusive Internet marketing and
cross-promotional activities." The online music outlet will be
launched before the holiday. "Our alliance with K-tel (KTEL) could
become the first seven-figure e-commerce deal struck by Playboy
Online," said David Lalich, senior vice president of marketing for
Playboy Online. The Playboy site receives almost 60 million page
views a month and is ranked by Alexa as one of the Web's top 50
sites. In a related item, Bloomberg news reported K-Tel's
president David Weiner has left the company after five years. A
spokeswoman offered no guidance to Weiner's whereabouts. Six
months ago, Weiner loaned K-tel money as it began its online music
retailing effort.
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