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Charles Schwab & Co., Inc.
Email Alert Internet Daily for Wednesday, October 24, 2001 by Frank Barnako CBS MarketWatch.com Streaming fee steams radio talkers Two of the nation's highest-rated radio talk show hosts are not happy about their program syndicator's decision to begin charging for access to Webcasts of their programs. Premiere Radio Networks, owned by Clear Channel Communications , is charging listeners $6.95 a month to hear the talkers' shows online. Overnight host Art Bell posted a note on his Web site (http://www.artbell.com/) saying, "It was NOT my decision to change the free Internet access." Dr. Laura Schlessinger, also reportedly unhappy, indicated on her site that she was "puzzled that some want to blame her ... because of this corporate cost-saving measure." Sports host Jim Rome's show is being offered by the service, StreamLink, as well. Premiere also syndicates Rush Limbaugh, who has his own pay-per-listen strategy of charging $39.95 a year. Kraig Kitchin, president of Premiere, said in a New York Post report that it costs the company $1.5 million annually for streaming services. "Time will show we have found a solution to allow that listening connection to continue, versus no longer (providing) the service," Kitchin told the newspaper. ----------------------------------------------------------------- EarthLink to plug cable over DSL EarthLink has adopted what some might call a Trojan horse strategy. While striking a deal with AOL Time Warner to have its Internet access service distributed on Time Warner-owned cable systems, EarthLink will encourage new customers to get its service through the competitor's cable service. Garry Betty, chief executive of Atlanta-based EarthLink, told analysts that profit margins are better with cable access service than they are by providing access through DSL. He also said EarthLink expects to offer broadband service to half the homes that receive Time Warner Cable by the end of this year. ----------------------------------------------------------------- Music streamer plans personal jukebox RadioMOI.com will launch a personalized music jukebox service on the Web next January. Subscribers will be charged a monthly fee, yet to be determined, to be able to select tracks and listen to them on demand, and to save them as customized "shows," according to the company's parent, Musicmusicmusic.com. On a related note, the firm announced a licensing agreement with Vivendi's Universal Music Group for non-exclusive streaming rights to portions of the company's catalog, including recordings on the Chess, Verve and Motown labels. ----------------------------------------------------------------- MP3.com founder takes on Microsoft Michael Robertson plans to release an operating system to compete with Microsoft's Windows next year. Based on the open-source Linux software code, the product, dubbed Lindows, will run both Linux and "many popular Windows software titles," he said. Costing $100, the operating system is billed as enabling users to run it on as many PCs as they want. "Once installed, LindowsOS offers a full-powered graphical desktop experience familiar to any computer user, but with advanced underlying architecture to ensure greater reliability," Robertson said, noting that an initial version of the software will be offered through the Web. Robertson previously founded digital music site MP3.com, acquired several months ago by Vivendi Universal. ----------------------------------------------------------------- For late-breaking market news you can't afford to miss, go to http://CBS.MarketWatch.com/ ================================================================ LOGIN to access your account: https://investing.schwab.com/trading/start ---------------------------------------------------------------- To unsubscribe or modify your Email Alert customization options, log in using the link below or copy and paste it into your browser's address window: https://investing.schwab.com/trading/start?SANC=EAMyAlerts ---------------------------------------------------------------- Notice: All email sent to or from the Charles Schwab corporate email system may be retained, monitored and/or reviewed by Schwab personnel. (0801-11478) Copyright 2001 CBS MarketWatch. All rights reserved. Commercial use or redistribution in any form, printed or electronic, is prohibited. Distribution by Quris, Inc.
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