| Business Summary | | Ampex
Corporation
seeks
to
become
a
major
provider
of
Internet
video
programming,
services
and
technology.
The
Company's
Internet
video
businesses
are
conducted
primarily
through
its
iNEXTV
Corporation
subsidiary,
which
manages
the
Company's
Internet
operations,
and
its
Internet
Technology
Group
(ITG),
which
was
organized
to
conduct
research,
development
and
engineering
of
products
and
services
for
the
Internet.
The
iNEXTV
network
currently
includes
iNEXTV
(inextv.com),
a
producer
and
aggregator
of
Internet-specific
video
content,
covering
a
growing
list
of
life
style
topics
such
as
automobiles,
exotic
travel,
fashion,
food
and
wine,
current
events
and
entertainment;
Alternative
Entertainment
Network,
Inc.,
a
producer
of
Web
video
programming
about
the
entertainment
industry;
and
TV1
Internet
Television,
A
European
Webcaster. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ampex
Corp.,
through
its
subsidiaries,
manufactures
high-performance
digital
storage
solutions.
The
Co.
is
also
engaged
in
providing
audio/visual
content
for
the
Web
and
producing
video
programming.
For
the
13
weeks
ended
3/31/01,
revenues
decreased
33%
to
$2.5
million.
Net
loss
from
continuing
operations
applicable
to
Common
fell
42%
to
$3.9
million.
Revenues
reflect
the
decreased
royalty
income
and
Internet
video
business.
Lower
loss
reflects
the
absence
of
TV
onthe
WEB
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,181;
after
tax
earnings
were
-986. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Edward Bramson, 50 Chairman
and CEO | $165K | -- | Craig McKibben, 50 CFO,
VP, Treasurer, Director | 317K | -- | Joel Talcott, 59 VP,
Sec., Gen. Counsel | 320K | $1.3K | Robert Atchison, 63 VP | 344K | -- | K. Michael Cooper, 53 VP | 254K | 3.1K | Dollar amounts are as of 31-Dec-2000 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
|
|