| Business Summary | | Rare
Medium
Group,
Inc.
is
an
Internet-focused
company
that
provides
Internet
professional
services
to
companies.
The
Company
also
develops,
manages
and
operates
companies
in
selected
Internet-focused
market
segments,
and
selectively
invests
in
companies
in
which
it
has
previously
taken
strategic
equity
positions
or
that
are
strategic
to
its
business.
Rare
Medium's
customers
are
engaged
in
a
broad
variety
of
industries,
including
retail/manufacturing,
finance/banking,
hospitality/travel,
media/entertainment
and
communications/utilities
industries.
The
Company's
customers
include
Corporate
Express,
Cablevision,
Furniture
Brands,
Forbes,
Wyndham
International,
General
Mills,
Fox,
Paramount,
Microsoft,
Epson,
Interstate
Batteries
and
Ritz
Carlton. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Rare
Medium
Group
is
an
Internet
business
services
firm,
helping
clients
develop
Internet
strategies,
improve
business
processes
and
develop
interactive
content
using
Internet-based
technologies.
For
the
six
months
ended
6/30/01,
total
revenues
fell
61%
to
$19.9
million.
Net
loss
applicable
to
Common
rose
42%
to
$93.6
million.
Revenues
reflect
the
weakening
of
general
economic
conditions.
Higher
loss
was
partially
offset
by
a
$13.8
million
gain
on
derivative
instruments. | More
from
Market Guide: Significant
Developments |
| | | | FY1999
Compensation | | Pay | Exer | |
| Glenn Meyers, 38 Chairman,
CEO | $2.4M | $10M | Suresh Mathews, 45 Pres,
COO | 210K | -- | Craig Chesser, 39 VP-Fin.,
Treasurer and Co-CFO | 134K | 532K | Michael Hultberg, 34 VP,
Controller and Co-CFO | 25K | -- | Robert Lewis, 34 VP,
Gen. Counsel, Sec. | 113K | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|