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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: flickerful who wrote (8551)5/12/1999 7:41:00 AM
From: flickerful  Respond to of 52051
 
BDE news.......

quotes.freerealtime.com

excerpt...." BUSINESS WIRE -May 12, 1999--Brilliant(TM) Digital Entertainment, Inc. (AMEX: BDE; multipathmovies.com), a leading interactive entertainment content and tools developer, announced results today for the first quarter ended March 31, 1999.

The Company also announced that it has entered into a broadband distribution agreement with @Home Benelux, a European joint-venture of the @Home Network (NASDAQ: ATHM), the leading provider of high-speed Internet services via the cable infrastructure. Under the agreement Brilliant will provide @Home Benelux with Multipath(TM) Movie previews and Webisodes(TM) under a revenue sharing arrangement. Separately, Brilliant announced today that it has completed a $4.3 million strategic equity private placement to media investors.

Brilliant's operating results continue to reflect ongoing investment in the development of its Internet capabilities, the production of Multipath Movie episodes/Webisodes, the continued enhancement of its proprietary software tools and Internet Digital Projector(TM) technology and the formation of new distribution and product development relationships. Results for the first quarter of 1999 reflect the expensing of Multipath Movie episode/Webisode production costs. ..."