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HOME > About Us > Press Releases
 
NBC Internet To Provide Loudeye Technology To Broadband Content Providers
05/17/2000
Dow Jones Business News

SEATTLE -(Dow Jones)- NBC Internet Inc. has agreed to offer LoudeyeTechnologies Inc.'s digital media services to its broadband content providers.Financial terms of the arrangement weren't disclosed.

Loudeye (LOUD), whose technology enables digital distribution over theInternet, said the agreement would enable NBC Internet's providers to convertaudio and video content for the media portal. Loudeye's services includeencoding, file and database management, watermarking, archiving anddistribution.

NBCi.com's current content partner roster includes more than 20 providers insuch categories as business, entertainment, home, living, news, NBCTV, shopping,sports and technology.

"Working with Loudeye will help strengthen NBCi's leadership position in thebroadband market," said Benjamin Feinman, NBCi Vice President and generalmanager of broadband.

San Francisco-based NBCi (NBCI), which is 40%-owned by General Electric Co. (GE)unit NBC, was launched in November 1999 through the combination of Snap,XOOM.com and NBC Internet assets.

Separately, NBCi unveiled ten new content arangements for NBCi.com, includingeFit.com, HoopsTV.com, Muze, MyPrimeTime and Bloomberg Television.

EFit.com will provide original health-and-fitness programming; HoopsTV.com willoffer text, video and audio commentary including highlights from college,professional, high-school and playground basketball games; Muze Inc. willsneak-preview movie trailers; MyPrimeTime will highlight an exclusive videoseries including interviews with chief executive officers; and Bloomberg Television will showcase continuous financial news.



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