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Technology Stocks : GLMC's Internet Entertainment Distributorship -- Ignore unavailable to you. Want to Upgrade?


To: Madeleine Harrison who wrote (84)12/16/1999 10:26:00 AM
From: Mudlogger  Read Replies (1) | Respond to of 143
 
COMMERCIAL RELEASE OF PLAYER DEC. 21!: QUARTERLY REPORT

biz.yahoo.com

Most important new development:

"We launched our Broadcast Network program with the beta version of the Global Media Player in October 1999, and expect to incorporate the commercial version into our Broadcast Network on December 21, 1999."

Other new developments:

"…As of December 10, 1999, we have signed up 96 network associates (representing 148 unique e-commerce sites and 26 broadcast associates)." With the commercial release of the Global Player, a dramatic increase in the number of network associates. I would think a Nasdaq listing would also add to this number.

"We commenced the quarter with 39 full time staff and ended the quarter with 81. We currently employ 105 full time staff members." Rapid growth!

"…we launched 10 proprietary simulated live internet-only radio stations on RealNetwork's Broadcasting Network. Subsequent to the end of the first quarter, these 10 stations were added to the station directory of the RealPlayer 7 streaming media player, which was launched by RealNetworks on November 8, 1999." This is great exposure. If you download the Real Player 7, your server menu will be updated with a list of less than a hundred stations, with 10 stations from Global Media, proclaiming the Global Media name.

"We have recently initiated a program to market streaming media consulting services and expect that over time this service line could become a significant revenue contributor." I wouldn't suppose they've had inquiries regarding their award winning Linux applications