Welcome | Sign In
ECommerceTimes.com
News

Microsoft Deal Strengthens NetRadio

Print Version
E-Mail Article
Reprints
Microsoft Deal Strengthens NetRadio

By Andy Wang
E-Commerce Times
12/02/99 12:00 AM PT


How Much is 'Free' Costing You?
Learn how DaveRamsey.com saw a 567% uplift in ROI with Omniture. This complimentary guide and webinar cover the most important factors in selecting an analytics solution. Download Now.

The stock of online broadcaster NetRadio (Nasdaq: NETR) climbed nearly 29 percent on Tuesday, gaining 2-5/16 to 10-3/8 after the company announced what looks to be a significant deal Increase Customer Sales with Email Marketing -- Free Trial from VerticalResponse with Microsoft (Nasdaq: MSFT). Under the terms of the deal, NetRadio's 120 channels of music and information will be offered in Microsoft's Windows Media format. NetRadio will be prominently featured on Microsoft's windowsmedia.com site.

Even after Wednesday's gain, NetRadio stock has been a big disappointment since the company went public at $11 a share in October. The stock has traded as low as 6-5/8. The poor performance by NetRadio stock has also hurt the stock price of parent company Navarre (Nasdaq: NAVR). Shares of Navarre, which gained 3/16 to 7-11/16 on Wednesday, remain well off their 52-week high of 27.

Print Version E-Mail Article Reprints More by Andy Wang

Talkback: Be the first to comment on this story.
See Related Stories About Broadvision
Stock Watch: Broadvision Soars On Strong Earnings (10/21/99)
Stock Watch: Broadvision Busts Out After Wal-Mart News (10/12/99)
Stock Watch: Broadvision Falls Hard After Downgrades (08/20/99)
Stock Watch: Broadvision Powers Home Depot Site (08/03/99)
Stock Watch: Broadvision Adds Reseller (06/10/99)
See Related Stories About NetRadio
Stock Watch: Navarre Tumbles As NetRadio Falls (10/15/99)
Stock Watch: Is Navarre Set To Announce NetRadio IPO? (04/29/99)

Related News Alerts

Microsoft Activate Alert | Search Archives
Don't miss a story -- sign up for our FREE e-mail newsletters and view the latest headlines at a glance.
Tech News Flash [ View Sample ]
E-Commerce Minute [ View Sample ]
ECT News Network Weekly Newsletter [ View Sample ]
Shortcuts
> Get Business and Technology News Alerts
> Most Popular | Spotlight Features | Exclusives
> This Week on ECT News Network | Podcasts
> Online Retail Transaction Performance Indices
> Inside E-Commerce Times
E-Commerce Times
TechNewsWorld
CRM Buyer
LinuxInsider
MacNewsWorld
Today's E-Commerce Times Sponsors
Complimentary Webinar
How Much is 'Free' Costing You? DaveRamsey.com’s 567% ROI with Enterprise Analytics
Vertical Response Email Marketing!
Sign up for your Free Trial today and send 100 emails on us!
Entrust Extended Validation SSL
Entrust EV SSL certificates -- "go green" for less. Now from only $199 per year.
Trend Micro Smart Protection Network(TM)
Lower your content security management costs by up to 40%.
Avaya Aura™
Save up to 40% on calling costs with Avaya Aura™
ECT News Network Information
Reader Services
Corporate
ECT News Network
Terms of Service | Privacy Policy | How To Advertise
Copyright 1998-2009 ECT News Network, Inc. All Rights Reserved.