ARTISTdirect and INTERVU Enter Into a Multi-year Streaming Media Agreement.Business Editors and Technology Writers ENCINO, Calif. and SAN DIEGO--(BUSINESS WIRE)--March 9, 2000 INTERVU's Streaming Media Solutions Empower ARTISTdirect Users to Experience Enhanced Audio & Video from Their Favorite Music Artists ARTISTdirect (www.artistdirect.com), an online music company, and INTERVU Inc. (Nasdaq:ITVU), the leading service provider for Internet audio and video delivery solutions, today announced that they have entered into a multi-year streaming media agreement. ARTISTdirect has selected INTERVU to provide comprehensive streaming media solutions to its network of music Web sites, including ArtistDirect.com, home of the official channels that the company operates on behalf of artists such as Metallica and the Beastie Boys, UBL (Universal Business Language) A format for exchanging data from one XML business language to another. Based on ebXML Core Components, UBL is designed to provide a common language that acts as an intermediate vocabulary so that one XML vocabulary can interoperate with .com, iMusic and the ARTISTdirect Superstore. Internet users who visit the ARTISTdirect Network will now be able to experience enhanced audio and video from their favorite artists. Marc Geiger, chairman and chief executive officer of ARTISTdirect, Inc. said, "ARTISTdirect is committed to providing our users with the most technologically enhanced experience. Now, together with INTERVU's technology, ARTISTdirect is taking our users' experience to the next level, and bringing them closer to their favorite artists." According to the agreement, INTERVU will provide ARTISTdirect with both live and on-demand streaming media solutions based on INTERVU's patented distributed network. INTERVU will enable ARTISTdirect to provide larger, value-added music offerings to its artists. "As a big supporter of the online music revolution, we are pleased to offer our services to ARTISTdirect and their family of music artists," said Harry Gruber, chairman and chief executive officer of INTERVU. "Our streaming media solutions will now empower ARTISTdirect visitors to experience high-quality audio and video from their favorite artists, as if they were watching them live and in-person." About ARTISTdirect, Inc. The ARTISTdirect Network (www.artistdirect.com) is an online music network that connects music artists and fans. The integrated network of Web sites offers multi-media entertainment content, including music, news and information, in a community setting around shared music interests and music-related commerce. The ARTISTdirect Network consists of ARTISTdirect.com (www.artistdirect.com), home of the official channels that the company operates on behalf of artists; UBL.com (www.ubl.com), a music search engine on the Web; iMusic (www.imusic.com), an online community site where fans exchange music interests and commentary; DOWNLOADSdirect, (www.downloadsdirect.com), a feature that enables users to download music from the ARTISTdirect Network and upload their music and other information; and the ARTISTdirect Superstore, a retail site offering a wide selection of recorded music and artist merchandise. Additionally, ARTISTdirect, Inc. operates the ARTISTdirect Talent Agency and manages Kneeling Elephant Records. About INTERVU Inc. INTERVU is the leading service provider for Internet audio and video delivery solutions. Corporate enterprises, Web site owners and content publishers use INTERVU's services to automate the publishing, distribution and programming of video and audio content. INTERVU's award-winning applications such as INTERVU Netpodium, a live interactive Web event solution, optimize streaming audio and video to facilitate new communication experiences. INTERVU's applications and services are based on the company's scalable, patented distribution network comprised of servers strategically located in major Internet hosting centers. INTERVU's customers use its services to transmit entertainment, sports, news, advertising, business communications and distance learning content. Current customers and partners include CCBN CCBN Central Coast Bancorp CCBN Charles County Business Network , CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. (Nasdaq:CNET), CNN CNN or Cable News Network Subsidiary company of Turner Broadcasting Systems. It was created by Ted Turner in 1980 to present 24-hour live news broadcasts, using satellites to transmit reports from news bureaus around the world. (NYSE NYSE See: New York Stock Exchange :TWX), Excite@Home (Nasdaq:ATHM ATHM Excite@Home (NASDAQ symbol) ATHM Alternative Therapies in Health and Medicine ATHM American Textile History Museum (Lowell, MA) ), Global Crossing Ltd. (Nasdaq:GBLX GBLX Global Crossing Ltd. (stock symbol) ), House of Blues House of Blues (HOB) is a chain of music halls and restaurants founded in 1992 by Hard Rock Cafe founder Isaac Tigrett and his friend and investor Dan Aykroyd. It is a home for live music and southern-inspired cuisine, whose clubs celebrate African-American culture, specifically , Investor Broadcast Network (formerly Vcall), Microsoft (Nasdaq:MSFT MSFT Microsoft (stock symbol) MSFT Movimento Sociale Fiamma Tricolore (Italy) MSFT Multi-Stage Fitness Test MSFT Master of Science in Family Therapy MSFT Macalester Students for Fair Trade ), NBC (NYSE:GE), NetRadio.com (Nasdaq:NETR NETR Nuclear Engineering Test Reactor NETR No Essential Traffic Reported NETR NATO Electronic Technical Recommendation ); Quokka quokka a small, nocturnal wallaby (Setonyx brachyurus) which is especially sensitive to nutritional myopathy. Called also Rottnest quokka. Sports (Nasdaq:QKKA), Saatchi & Saatchi (NYSE:SSA (Serial Storage Architecture) A fault tolerant peripheral interface from IBM that transfers data at 80 and 160 Mbytes/sec. SSA uses SCSI commands, allowing existing software to drive SSA peripherals, which are typically disk drives. ), Tunes.com and Turner Broadcasting. Additional information can be found at www.intervu.net. Except for the historical information contained herein, this news release contains forward-looking statements that are subject to risks and uncertainties that might cause actual results to differ from those foreseen, including the market acceptance for INTERVU's specialized services, technological change and intense competition, as well as the other risks detailed from time to time in INTERVU's SEC reports, including the report on Form 10-K filed on March 3, 2000. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion