A look at ITVU in perspective of yesterday's announcement partnering with VDAT:)) I take particular interest in the associations with CNN,MSFT,YAHOO and most importantly NBC.
NBC vs UNEWY?? Might their be another player delaying/preventing UNEWY announcement?
Wednesday March 10, 8:01 am Eastern Time
Company Press Release
CNN.com and INTERVU Expand Streaming Video Relationship
SAN DIEGO--(BUSINESS WIRE)--March 10, 1999--CNN.com, the world's leader in online news and information, and INTERVU Inc. (Nasdaq:ITVU - news), the leading service provider for Internet video delivery solutions, today announced an expanded agreement for INTERVU to continue to provide streaming video services for CNN.com's live news coverage.
As part of this agreement, INTERVU will continue to act as CNN.com's provider for all live Internet video broadcast services and INTERVU banners will appear on CNN.com/videoselect and in CNN's live video pop-up windows.
In the past year, INTERVU has successfully delivered to CNN.com live online video of such high profile news stories as Clinton's grand jury testimony, Operation Desert Fox, Michael Jordan's retirement press conference, and the Senate impeachment trial of President Clinton. INTERVU managed the delivery of CNN.com's live video content during those exceptionally high-traffic times with its distributed network infrastructure.
''We are pleased to continue and extend our relationship with INTERVU due to its continuous dedication, reliability, and overall success in delivering CNN.com's live online video footage over the last year,'' said Monty Mullig, vice president, CNN Internet Technologies. ''Over the last year we have seen a growing number of people going online to view CNN's breaking news video coverage, especially during the work day, and INTERVU has helped CNN.com handle the volume of users seamlessly.''
''Streaming media on the Internet has changed the way people receive and process their news,'' said Harry Gruber, CEO of INTERVU. ''People today are much more aware and sensitive to the news in their area and in the world because of the opportunity the Internet offers to watch it whenever and wherever they want. We provide CNN.com, the leading Web site for audio and video news, with the confidence to deliver mission-critical breaking news stories to its online audience with unmatched reliability and the highest quality available today on the Internet.''
About CNN.com
CNN Interactive is responsible for the award-winning news site CNN.com, as well as seven other Web sites and the distribution of CNN news content via other distribution platforms such as PageNet pagers, iMagic's PowerPhones and PointCast. In February 1999, CNN Interactive launched CNN Mobile, the most comprehensive and advanced 24-hour global and pan-regional news and information service for GSM mobile phones, with nine charter operators in Europe and Asia. The CNN Web sites generate more traffic and attract more unduplicated Internet users than any other company's general news and information Web sites. The CNN Web sites averaged 105 million page impressions per week during January 1999 and served a total of 4.4 billion page impressions during 1998.
About INTERVU Inc.
INTERVU Inc. (Nasdaq:ITVU - news) offers powerful, turnkey solutions to deliver live and on-demand audio and video streaming and broadband broadcasts. INTERVU's streaming media services are utilized for many different types of business uses including entertainment, news reporting, corporate communications, investor relations, and distance learning. INTERVU is the only Internet audio/video delivery company with a patent-pending, automated network that is comprised of numerous delivery centers strategically positioned around the United States and Europe. This distributed network architecture allows the company to handle very high volumes of simultaneous Internet users, while ensuring first-rate delivery of video and audio to users' computers. INTERVU works with leading entertainment, news and technology companies, including American Interactive Media (OTC:AIME - news), CNN (NYSE:TWX - news), DVD EXPRESS, DoubleClick (Nasdaq:DCLK - news), Excite (Nasdaq:XCIT - news) / At Home (Nasdaq:ATHM - news), Intel (Nasdaq:INTC - news), Lycos (Nasdaq:LCOS - news), Moviefone (Nasdaq:MOFN - news) / AOL (Nasdaq:AOL - news; NYSE:AOL - news), NBC (NYSE:GE - news), MSNBC, Major League Baseball, Microsoft (Nasdaq:MSFT - news), OnRadio, VideoSeeker, and Yahoo! (Nasdaq:YHOO - news). Additional information can be found at www.intervu.net.
Regards,
Jeff
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