| Business Summary | | WAVO
Corporation
is
a
digital
media
services
company
that
partners
with
prominent
providers
of
news,
business
data,
consumer
content
and
multimedia
programming
to
deliver
value-added
digital
media
services
to
businesses
and
consumers.
The
Company's
technologies
and
services
aggregate,
filter,
customize
and
distribute
digital
media
(text,
music,
graphics
and
video),
using
a
variety
of
delivery
systems,
including
the
Internet,
satellite
broadcast
systems,
television
and
FM
radio.
The
Company's
recently
launched
MediaXpress
service
leverages
the
Company's
established
relationships
with
over
1,800
prominent
news,
business
information
and
multimedia
content
providers,
and
delivers
that
content
in
a
customized,
Extensible
Markup
Language
(XML)-based
format.
The
Company's
most
recent
product
offering,
Virgin
JamCast,
a
music
portal,
is
a
collaboration
with
Virgin
Entertainment
Group
that
uses
the
Company's
proprietary
multicast
"push"
technology
to
deliver
digital
music
to
consumers. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WAVO
Corporation
is
a
developer
of
technologies
and
services
which
aggregate,
filter,
customize
and
distribute
digital
content
(text,
music,
graphics
and
video)
using
a
range
of
broadcast,
satellite
and
Internet-based
delivery
systems.
For
the
nine
months
ended
9/30/00,
revenues
fell
23%
to
$13
million.
Net
loss
applicable
to
Common
rose
38%
to
$23.6
million.
Results
reflect
reduced
revenues
from
non-core
product
lines
and
$5
million
in
special
charges. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| David Deeds, 58 Chairman | $294K | Michael Coffin Pres,
CEO, Chief Operating Officer | -- | Kenneth Swenson, 50 Exec.
VP, CFO, Treasurer | 207K | Douglas Reich, 56 Sr.
VP, Gen. Counsel and Sec. | 157K | Joseph Meza, 45 VP
- HR | 85K | 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
|
|