| Business Summary | | audiohighway.com
is
an
online
information
and
entertainment
company
which
has
developed
a
large
and
diverse
library
of
audio
content
available
free
to
the
public
on
the
Internet.
The
Company
is
implementing
a
second-generation
business
model
that
combines
compelling
content
and
e-commerce
into
an
integrated
Web
platform.
The
Company
facilitates
consumption
of
audio
and
video
in
one
of
three
ways:
a
pre-programmed
"channel"
format,
which
offers
convenient
access
to
a
broad
range
of
content;
individual
selection,
which
allows
users
to
browse
through
the
content
library
and
listen
to
their
personally-selected
choices;
and
the
Company's
My
JukeBox
product,
which
allows
users
to
"roll
their
own"
digital
audio/video
programming
via
an
easy
point-and-click
management
system.
In
January
2001,
the
Company
filed
a
voluntary
petition
for
relief
under
Chapter
11
of
the
U.S.
Bankruptcy
Code
in
the
U.S.
Bankruptcy
Court
for
the
Northern
District
of
California
in
San
Jose,
California. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AHWYQ
offers
a
proprietary
information
and
entertainment
service
that
enables
users
to
download
and
playback
selected
audio
content
of
over
3,500
titles
of
news,
audio
books,
music
and
other
entertainment
from
the
Internet.
For
the
nine
months
ended
9/30/00,
revenues
rose
93%
to
$2
million.
Net
loss
rose
77%
to
$12
million.
Revenues
reflect
higher
e-commerce
and
advertising
sales.
Net
loss
reflects
increased
S/G/A
expenses
due
to
additional
staff. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Nathan Schulhof, 50 Pres,
CEO | $300K | Gregory Sutyak, 43 CFO | 170K | Grant Jasmin, 48 Exec.
VP, COO, VP of Fin., Sec. & Director | 304K | Theodore Richards, 53 VP
and Creative Director | 194K | 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
|
|