| Business Summary | | Source
Media,
Inc.
produces,
sells
and
delivers
rich
media
content
across
a
range
of
communications
platforms,
including
the
Internet,
digital
television,
telephone-based
voice
portal
systems
and
wireless
telephone
networks.
The
Company
also
operates
SourceSuite
LLC,
a
50/50
joint
venture
between
Source
Media
and
Insight
Interactive.
SourceSuite
provides
interactive
television
programming
applications
and
services,
including
the
SourceGuide
interactive
program
guide
and
LocalSource
interactive
programming
service.
The
SourceGuide
interactive
program
guide
provides
viewers
with
a
navigational
tool
for
television
program
listings.
The
Company's
Internet
Technology
Network
business
offers
a
variety
of
audio
and
text
reports
for
delivery
each
day. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SRCM
produces,
sells
and
delivers
rich
media
content
across
a
range
of
communications
platforms,
including
the
Internet,
digital
television
and
wireless
phone
networks.
For
the
six
months
ended
6/30/01,
revenues
fell
28%
to
$6.9
million.
Net
loss
before
acctg.
change
and
extraordinary
item
applicable
to
Common
totaled
$11.4
million
vs.
an
income
of
$66.3
million.
Results
reflect
a
decrease
in
advertising
sales
and
the
absence
of
a
$75
million
gain
on
the
sale
of
interest
in
joint
venture. | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| Stephen Palley, 55 Pres,
CEO, Director | $150K | Benjamin Douek CFO | -- | Howard Gross, 42 Pres
and COO of IT Network Inc., | 172K | Victoria Hamilton Interim
COO | 287K | Philip Howort Sr.
VP | -- | 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
|
|