AudioBasket Enters Into Content and Distribution Deal With Time Inc.; Agreement Allows Online Audio Distribution of Time Inc. Magazines.Business/High-Tech Editors Fall Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the World 2000 - Booth 4279 NEW YORK--(BUSINESS WIRE)--Oct. 24, 2000 AudioBasket, the premier provider of customized audio news and information on demand, today announced a comprehensive content and distribution agreement with Time Inc. AudioBasket will offer a wide range of audio news and entertainment features from Time Inc.'s portfolio of magazines and Web sites. Under the terms of the agreement, seven Time Inc. magazines -- Time, Fortune, Money, Entertainment Weekly, People, Fortune Small Business, and Time Digital -- will provide AudioBasket with regularly updated audio content. Listeners will have their choice of programs like film and video reviews from Entertainment Weekly and commentary from Time Digital technology writer Josh Quittner Joshua Quittner is an American journalist. He is editor of Business 2.0, which he joined in April 2002 after seven years at Time Inc. where he served as technology editor for Time Magazine and its technology supplement Time Digital (later called . Users of the AudioBasket service will be able to add these features to their personal audio news programs, which they can access wherever they see the AudioBasket logo on the Internet. Time Inc. will also provide increased presence for the AudioBasket service through the company's contributing Web properties. "AudioBasket is excited to bring our listeners a new range of audio programs from Time Inc.'s leading news and entertainment publications," said Thierry D'Allant, chief partnerships officer, AudioBasket. "Through this agreement, AudioBasket users will be able to access an even wider selection of unique programming from leading sources to be delivered to them when and where they want." "AudioBasket's platform gives us a new channel for distributing Time Inc.'s audio features," said Steven Madoff, editorial director of Time Inc. Interactive. "AudioBasket's features allow users the choice and convenience of selecting content that matches their interests from a range of our magazines. Our industry-leading brands are enhanced by this compelling way to present the authoritative voices that make our content so useful and entertaining." Time Inc. complements the spectrum of preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae news organizations, publishers and broadcasters who have already added their content to the AudioBasket platform. They include: ABCNEWS.com, Associated Press Associated Press: see news agency. Associated Press (AP) Cooperative news agency, the oldest and largest in the U.S. and long the largest in the world. , British Broadcast Corporation (BBC BBC in full British Broadcasting Corp. Publicly financed broadcasting system in Britain. A private company at its founding in 1922, it was replaced by a public corporation under royal charter in 1927. ), Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. , CNet radio, 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. Radio, the Financial Times and The Wall Street Journal. Time Warner's Digital Media Investment Fund contributed to AudioBasket's recent second round of funding. Investors participating in this $20 million round also included Deutsche Telekom's T-Venture, Panasonic Ventures, Dotcom See dot-com. Ventures, other VC investors, and all of AudioBasket's A-round investors. About Time Inc. Time Inc., a subsidiary of Time Warner, has established itself as the foremost creator of publishing and information brands, including many of America's most successful magazines, best-selling best·sell·er also best seller n. A product, such as a book, that is among those sold in the largest numbers. best books, popular book clubs and informative Web sites. Time Inc. has launched nine major magazines in the past decade and is the only company to publish four national weekly consumer magazines. About AudioBasket, Inc. San Francisco-based AudioBasket has developed an exclusive technology that allows keyword personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. of audio news and information on the Web and beyond. With the AudioBasket service, listeners can create their own audio news feed from trusted news sources around the globe, including ABCNews.com, BBC, Bloomberg, CNN Radio, NPR NPR In currencies, this is the abbreviation for the Nepal Rupee. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. , the Financial Times and The Wall Street Journal, and access it wherever the AudioBasket platform is available. Through its proprietary technology, strategic partnerships with leading media organizations and exclusive audio content, AudioBasket gives listeners the tools to stay informed on the topics that matter most to them. For company information, visit the web site at www.audiobasket.com or call 415-865-9014. Editors please contact Anne-miek Hamelinck at Antenna Group at 415-977-1923 or annemiek@antennapr.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion