To: Adivino who wrote (4764 ) 6/8/1998 10:43:00 AM From: musicguy Read Replies (1) | Respond to of 25711
NTN- AOL news today.. and some more info: CARLSBAD, Calif.--(BUSINESS WIRE)--June, 8, 1998-- NTN Communications, Inc., (AMEX:NTN - news) today announced an expanded two-year business agreement with AOL Interactive Services, the Internet online services division of America Online, Inc., (NYSE:AOL - news) under which AOL will become the exclusive home for NTN's interactive sports and entertainment related trivia and games on online and Internet services. NTN's content can be found throughout AOL in the Games, Sports, Kids, Entertainment, Digital City and Personal Finance Channels. "Gerald Sokol Jr., president and CEO of NTN, said: "The sale of LearnStar to NewStar is a very positive event for NTN shareholders. NTN will receive nearly $1.9 million of cash and a 17.5 percent retained interest in a re-capitalized business. " IWN is the internet gaming subsidiary, recently for sale to Omnigon, but sale was cancelled. IWN is turning things around, and is carrying its own weight. It is no longer a financial burden on NTN. IWN system in New Zealand is running smoothly. As previously reported, has been taking live live wagers for horses and sports betting since November. They are continue to add new users. They expect the marketing effort to be launched sometime in the 2Q in conjunction with NZ TAB marketing team. BUSINESS WIRE)--April 24, 1998--NTN Communications, Inc. (AMEX:NTN - news) has retained the services of a leading ad sales company, Beverage Industry Marketing Services (BIMS), to capitalize on the revenue potential of the nearly 100 million impressions made each month through the NTN Network, the company's hospitality division. BIMS has brought in $600,000 in ad revenues in the first 6 weeks... This company is getting it together in a big way.. I believe in management ... Sokol seems to be doing all the right things. More news in the pipe MG