Correct, Jubimer. To Group: More on PR News, TVW, etc.--
We've got some issues to button down, J. First, some background for the Group:
There is another company that really invented the video news release business. It's called MediaLink (NASDAQ: MDLK). Was founded a decade ago by a guy named Larry Moskowitz (once met him) who had created a mini-PR Newswire in PA, I think. Sold his bureau to PRN and worked for them for a while, then went off on his own.
MediaLink apparently *produces* what it sends out and generally distributes by satellite. PRN *distributes only*, relying on its clients (33,000!) to produce their own material. (Read somewhere that PRN has 150 sales people in the US. BTW, PRN ownership not an issue; private, British newspaper investors.)
Now, here's what's interesting. BCST had a deal with PRN until very recently, but it resigned the relationship in order to do something with MDLK. (Not much evidence yet of what that relationship will become.) But at the time BCST resigned, PR Newswire made deals with Visual Data Corp. (NASDAQ: VDAT) and NBC (NBC Videoseeker, CNET/Snap!, and Intervu (NASDAQ: ITVU)).
So the question is, where does TVontheWEB (why capitalize "Web"?) fit in the PR Newswire "food chain?" What exclusivity is involved in our franchise? Need to understand what we "own."
Here are a couple of releases to get our inquiry started:
messages.yahoo.com@m2.yahoo.com
biz.yahoo.com
Need the Group forget the stock and start tracking down this stuff so we can sort it out. We've got work to do.
Employment Opportunity (inestimable psychic compensation, possible 15 minutes of fame, potential capital gains, deductibility of out-of-pocket expenses, gratitude of Group and lurkers, genuine "Certificate of Completion," guaranteed social promotion!):
Who wants to be our correspondent with TVW's media queen, Lisa Amore?
Contact: Lisa Amore, TVontheWEB, lamore@tvontheweb.com,
tel: 1-800-966-6689
BAM |
