| Business Summary | | MCY.com,
Inc.
is
a
holding
company
that
conducts
business
through
its
wholly
owned
operating
subsidiary,
MCY
Music
World,
Inc.
(Music
World).
The
Company
is
a
next-generation
media
company,
focused
on
the
acquisition,
production
and
sale
of
premium
music
and
media
products
across
all
available
channels;
and
the
development
and
licensing
of
proprietary
digital
rights
management
and
digital
asset
management
technologies
that
enable
the
secure
and
accountable
delivery
of
digital
assets
over
digital
channels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | MCY.com
Inc.
owns
and
operates
a
Website
located
at
www.mcy.com,
which
provides
an
interactive
environment
and
virtural
music
store
where
buyers
can
view
live
concerts,
purchase
music
products
and
obtain
music
information
.
For
the
six
months
ended
6/30/01,
revenues
totaled
$1.1
million,
up
from
$263
thousand.
Net
loss
fell
76%
to
$13.5
million.
Revenues
reflect
increased
license
fees.
Lower
loss
also
reflects
the
absence
of
the
amortization
and
impairment
of
intangibles. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Bernhard Fritsch, 38 Chairman,
Pres, CEO of the Company and MusicWorld | $408K | P. William Staby CFO | -- | Patrick McDonald VP
of Sales | -- | Tia Ernst VP, Corp. Communications | -- | Martin Weisberg, 49 Sec.
of the Company and MusicWorld | -- | 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
|
|