| Business Summary | | Liquid
Audio,
Inc.
provides
an
open
platform
that
enables
the
digital
delivery
of
music
over
the
Internet.
The
Company's
platform
includes
software
products
and
services
that
enable
the
secure
digital
delivery
and
sale
of
recorded
music
over
the
Internet.
The
Company's
products
and
services
can
be
separated
into
three
major
areas:
publishing
and
distribution,
syndication
and
consumer
delivery.
The
Company's
customers
include
BMG
North
America,
Microsoft,
Cube,
Napster,
Duty
Free
Shops,
Random
House,
EMI
Music
Distribution,
Sony
Electronics
Inc.,
HMV,
Sony
UK,
Launch.com,
and
Tower
Records. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Liquid
Audio,
Inc.
is
a
provider
of
an
open
platform
that
enables
the
digital
delivery
of
music
over
the
Internet,
giving
artists,
record
companies,
websites
and
retailers
the
ability
to
create,
syndicate
and
sell
recorded
music
with
copy
protection
and
copyright
management.
For
the
six
months
ended
6/30/01,
revenues
fell
58%
to
$2.7
million.
Net
loss
rose
78%
to
$25.3
million.
Results
reflect
lower
business
development
revenue
and
$3.7
million
in
restructuring
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Gerald Kearby, 52 Pres,
CEO | $268K | Michael Bolcerek CFO,
Sr. VP-Fin. | -- | Robert Flynn, 46 Sr.
VP of Bus. Devel. and Sec. | 211K | Kevin Malone, 34 VP
of Sales | -- | Matthew Smith VP
of Marketing | -- | 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
|
|