Ron,isn't that some site---problem is as best I know,this is a privately
held---it is owned by ImagineMedia----but CDNW has formed a stategic
partnership with Imagine Radio--here is a post I received from URLMAN
that he sent to me,and contains much information --
<<<<<max90 (who wrote...)
From: Urlman
Saturday, Dec 5 1998 2:39AM ET
IF cdnow WAS SMART, THEY WOULD BUY OUT iMAGINE rADIO...
Imagine Radio Merges with Music Technology Provider Silver Island
Partnership gives listeners freedom to build personalized radio formats as
well as listen to professionally programmed stations
BRISBANE and SAN FRANCISCO, Calif. - July 22, 1998 - Imagine Radio, the Internet
radio group of original music, news and talk stations, today announced an agreement to
merge with Internet music technology provider Silver Island. In an alliance that will
create the Internet's foremost radio group, the "new" Imagine Radio is combining the
sophisticated personalization technology of Silver Island with the quality programming of
today's Imagine Radio.
Imagine Radio will spin off from parent company Imagine Media to create a new
company with Silver Island that will retain the Imagine Radio name. Imagine Media is
continuing its long-term commitment to Internet radio with a major investment in the
newly formed entity.
"Internet audiences expect a high level of interactivity and personalization and want the
same from Internet radio," said Chris Anderson, president and CEO of Imagine Media,
and new chairman of the board of Imagine Radio. "Imagine Media began this venture to
create the ultimate listening experience. We're pleased to combine Silver Island's
expertise with our experience at Imagine Radio. With this fusion, Imagine Radio is
leading the next generation of Internet radio-radio with freedom of choice."
"Over 70% of radio listeners claim that the most important factor in choosing a radio
station is the type of music played," said Rotem Perelmuter, new CEO of Imagine Radio.
"By offering our listeners the option of building their own station, we're giving them what
they want. Joining forces enables us to offer our listeners the best of both worlds -
professionally programmed formats and the freedom to program their own formats.
What more could you want from radio?"
Executive Staff
The new Imagine Radio will be led by the combined expertise of the executive teams
from both Imagine Radio and Silver Island. Rotem Perelmuter, founder of Silver Island,
will serve as CEO of the new Imagine Radio, joined by Michael Briseño, technical
founder of Silver Island, as the company's Chief Technical Officer. Brad Porteus,
formerly the managing director of Imagine Radio, will become Vice President of
Marketing and Business Development of the new venture. John Adams, with more than
16 years in radio, will head up Imagine Radio's content and programming. Leading
Imagine Radio's sales efforts will be Sam James, a veteran with more than 20 years of
radio, new media and interactive sales and marketing experience.
Sophisticated customization technology unites with radio expertise Silver Island's
customization engine is built to quickly leverage users' preferences across music genres
and even specific artists to produce a customized station for each listener. Eclectic music
fans can create a single music station with artists from genres as varied as country,
smooth jazz, alternative and hip hop. As new artists and songs are added each week,
they are added to each listener's play-list depending on personal preferences.
Imagine Radio boasts a cadre of music industry insiders as music directors for each of
the 16 Imagine Radio professional music formats. These music directors, including radio
industry journalists and major market station program directors, ensure that Imagine
Radio listeners are exposed to artists and songs that are the most noteworthy within each
genre.
Imagine Radio's mission is to combine the best of traditional radio with emerging Internet
technologies to deliver the most compelling Internet radio experience imaginable. With
diverse talk radio, live world news, and a combination of professionally programmed and
personally created music formats, Imagine Radio offers diverse radio content for a
variety of listening needs.
Coming Soon to a Browser Near You
Imagine Radio's new integrated services will be available next month with new
personalization features, more music offerings and a new look -- while still providing the
same 24-hour music, news and talk programming currently available.
About Silver Island
Founded in mid-1997, Silver Island (http://www.silverisland.com) became the Internet's
only fully customizable music destination with its launch in March of 1998. Silver Island
technology allows listeners to hear preformatted music or create their own custom music
stations based on a sophisticated personalization technology. Listeners can share their
personal stations allowing friends and strangers alike to enjoy their musical creation.
About Imagine Radio
Imagine Radio (http://www.imagineradio.com), an entrepreneurial venture of Imagine
Media, is an online group of original radio stations featuring music, news and talk radio
content that launched in March of 1998. Imagine Radio programming includes music
channels with formats ranging from smooth jazz to hard rock to British new releases, talk
radio programmed by Imagine Radio and 24-hour live news from the Associated Press.
Imagine Radio's strategic partners include CDnow, Inc. (NASDAQ: CDNW) and
Exodus Communications, Inc. (NASDAQ: EXDS).
About Imagine Media
Imagine Media Inc. (www.imaginemedia.com), founded in 1994, is a privately held
media company headquartered in Brisbane, CA. Its publications and Web sites focus on
areas of interest which have been revolutionized by the smart uses of digital technology
and target people who share passion about these interests. Offering a mix of three
integrated media (print, CD-ROM, and the Internet), Imagine publishes market-leading
magazines and Web sites which include Business 2.0, Game Buyer, MacAddict,
Maximum PC, Next Generation, PC Accelerator, PC Gamer, PSM, ChickClick.com, the
Daily Entertainment Network (theden.com), the Imagine Games Network
(imaginegames.com) and the MacAddict Network (macaddict.com).
--------------------------------------------------------------------------------
Press Contacts:
Brad Porteus
Imagine Radio
150 North Hill Drive
Brisbane, CA 94005
email: bporteus@imagineradio.com
phone: 415.468.4684
fax: 415.468.4686
Kim Abreu
Niehaus Ryan Group, Inc.
601 Gateway Blvd., 9th Floor
So. San Francisco, CA 94080
email: kim@nrwpr.com
phone: 650.827.7064
fax: 650.827.7000 |
