| Business Summary | | Interactive
Network,
Inc.
owns
certain
intellectual
property
assets
related
to
the
interactive
television
market
and
other
interactive
technology.
In
January
2000,
the
Company
consummated
the
formation
of
a
joint
venture
company,
TWIN
Entertainment,
which
is
co-owned
and
co-managed
by
the
Company
and
Two
Way
TV.
TWIN
Entertainment
currently
expects
to
develop,
market
and
supply
digital
interactive
and
related
services,
products
and
technology
in
the
United
States
and
Canada.
The
Company
has
licensed
TWIN
Entertainment
the
non-exclusive
use
of
its
patents
and
other
intellectual
property
for
the
United
States
and
Canada. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Interactive
Network
was
engaged
in
interactive
TV
services
until
8/95.
Currently
the
Company
plans
to
concentrate
on
exploiting
its
patent
portfolio
related
to
the
interactive
TV
market
and
other
interactive
technology.
For
the
six
months
ended
6/30/01,
revenues
totaled
$135
thousand,
vs.
$0.
Net
loss
fell
77%
to
$991
thousand.
Results
reflect
the
royalty
fees
from
an
agreement
with
Two
Way
TV.
Lower
loss
reflects
the
absence
of
a
$3.1
million
litigation
settlement. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bruce Bauer, 49 Chairman,
Pres, CEO | $132K | Robert Brown, Ph.D., 63 CTO | -- | Dollar
amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|