I have heard the UNEWY was in FL. this week. Maybe we can expect some news re. equity stake. Interesting trading pattern all week. Lots of warrants selling at premium to stock again suggesting possible upside move for stock coming. Then on Friday the stock pops 1 1/8 in the last half hour while warrants don't jump percentage wise with stock. I guess we shall see on the opening Monday if there is follow through buying or any news to account for price action.
another announcementto content side:
Visual Data Launches TalentView(TM) Division
TalentView(TM) to Provide Internet-Based Solutions for
Entertainment, Advertising Industries
POMPANO BEACH, Fla., Feb. 25 /PRNewswire/ -- Visual Data Corporation (Nasdaq: VDAT), a leading producer and distributor of video and audio programming for the Internet, today announced the launch of its newly formed business division, TalentView(TM). The new division is charged with developing Internet-based solutions designed expressly for the entertainment, advertising and media industries. Its initial online service, A* Cappella, is a searchable, multimedia talent library of more than 1,500 professional voice performers working in film, television, radio and other media applications. The service will be made available to the production community March 1, 1999 via a secure, restricted web site, www.talentview.com.
Directed at casting professionals and producers, A* Cappella offers a comprehensive talent classification and auditioning system whereby talent can be compiled, sorted and selected by specific qualities and specialties through the use of a search menu interface. Casting directors and producers can instantly access and review artist voice samples and resumes which include contact information. The service provides a promotional medium for talent, as well as an efficient, cost-effective tool for those who hire talent.
Functioning as a virtual community on a subscription basis ensures that only qualified professionals will be allowed access to the service. Revenues will be produced through the sale of memberships to qualified professional talent. The Company believes that up to 120,000 working artists can benefit from this program.
"We feel that the launching of our new division and the services it offers couldn't be better timed," said Randy S. Selman, CEO and President of Visual Data. "In addition to the standard talent needs of the broadcast industry, the volume of new animation and production for film and television as well as the computer game sector on CD-ROM has exploded, creating an even larger demand for professional voice talent. Additionally, it ties in well with our EDnet, Inc. subsidiary, which specializes in providing connectivity for the entertainment, advertising and media industries."
EDnet is a managed network connecting recording studios, record companies, motion picture and television studios, as well as musical and voiceover artists. The TalentView(TM) service will be offered to the 500 EDnet Affiliates and Associates located in 42 US states, 6 Canadian provinces and 30 countries around the world.
Bryan Charles Carmody, General Manager of the TalentView(TM) division, said: "Quite simply, we are bringing all the components of the casting and production process together in a single, convenient location. We can now provide the production community with access to a library of talent as well as the resources necessary to complete their projects. The use of EDnet's capabilities means that it is no longer necessary for producers and voice talent to be in the same city or even the same country. Interviews, auditions and actual recording sessions can transpire across cyberspace, resulting in a final product with digital audio quality. Obstacles such as distance and national boundaries literally disappear. Clearly, this technology increases the recording opportunities for talent while streamlining the production process for those who engage their services." Recent productions to use EDnet's services include James Cameron's Titanic, Steven Speilberg's Saving Private Ryan", Pixar's A Bug's Life and Disney's Mulan.
Carmody also noted, "As a business model, the interface between TalentView(TM) and our EDnet subsidiary is the perfect marriage between two interrelated entities. By working in tandem, we can increase the visibility and use of our affiliate's technology while establishing TalentView(TM) as a premier virtual production community."
Visual Data Corporation, founded in 1993, specializes in the production, marketing, and distribution of full-motion visual information via the Internet and various media, including interactive television. The Company also develops full-motion video libraries containing concise vignettes on a wide range of topics from business information, travel and education to consumer products.
This press release contains forward-looking statements which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
SOURCE Visual Data Corporation
CO: Visual Data Corporation
ST: Florida
IN: CPR MLM
SU: PDT
02/25/99 12:44 EST prnewswire.com
from wired news
NEW YORK -- Media advertising will be big on the Web. E-commerce will be bigger, charging for content and subscriptions will be possible in the future, and direct marketing is a "sleeper" waiting to explode.
So predicts Excite CEO George Bell, who kept an audience riveted Tuesday morning during a 45-minute overview of the future of the Internet and his company's merger with At Home.
In his Silicon Alley 99 keynote, "The Web According to Me, Unless I'm
Wrong," Bell held up Excite (XCIT) as an example of a company already
successfully implementing his ideas.
Bell said that while not much new has developed lately in online
advertising, changes are on the way. "Major advertisers are still only
putting less than 1 percent of their advertising budget into the Net,"
he said. "Instead, two-thirds of their budgets are going into direct
marketing, not impression-based advertising."
Bell also said that much of the leverage on the Internet has shifted to content providers.
"The loyalty is to content. People don't watch distribution," he said.
For example, he pointed to ESPN and others who once had to pay cable
companies to get them to distribute their programs. These days, he said, consumers won't sign up for a cable package unless it includes ESPN.
"It took 20 years for that to happen," Bell said. "It'll happen on the
Web in three to four years."
Bell sees Internet access becoming ubiquitous, and PC-free. "The
Internet will stand up and walk away from the PC," he said, predicting a day when users will be able to access his site from anywhere -- a bank, the gas station -- and on any device, with any bandwidth. He pointed out that major portals are developing this model with their personalized Web start-up pages, which Bell said helps people "solve problems."
I think when people realize the content and affiliations that the company is amassing that the portal co's will all be lining up to offer vdat content I like the sound of yahoo disney and msft all of whom have been rumored to be interested in making content from vdat available through their portals. This could prove to be an interesting time for vdat if any or all of these affiliations come to fruition. given bcst valuation and relative lack of real content or technology like ednet offers this company could be poised for some interesting valuation upgrades once the investing public realizes what they have. all imo
Regards
Norden |
