| Online content market to grow 10 fold
As well as the PDR, called MyStar, Austar will also launch a lower-priced entry package over the coming months, mirroring a similar move from Foxtel.
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Napster narrows loss
Napster has posted a narrower loss but shares of the online music service fell after it provided disappointing guidance and said its subscriber base had fallen seven percent as it focused on promoting a new free Web site.The company reported a net loss of $9.8 million, for the first quarter, compared with a year-earlier loss of $19.9 million. Revenue rose to $28.1 million from $21 million.
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Google XM alliance
Google has struck a deal with XM Satellite Radio to allow the search engine's advertisers to automatically insert ads on the radio company's non-music channels.
Wheeling-Pittsburgh Chairman Issues Letter to Shareholders Regarding ...
WHEELING, W.Va., Nov. 7 /PRNewswire-FirstCall/ -- The following is a letter to shareholders from the chairman of Wheeling-Pittsburgh Corporation (NASDAQ: WPSC) : Dear Shareholders, On November 27, 2007 Wheeling Pittsburgh Corporation will hold a special shareholder meeting to vote on the combination with Esmark. This vote will determine the future of our company. I am writing to encourage you to vote for the proposed merger between Wheeling-Pitt and Esmark because I believe it to be in the best interests of all shareholders. Below, I will explain why I feel this way and detail our aggressive plans to return the steelmaking operations of New Esmark to profitability in 2008. Let me first describe why the combination with Esmark needs to be completed.
Hornets' derby debacle
WATFORD's crisis of results at Vicarage Road plunged to new depths this afternoon (Saturday) after they crashed to a 4-2 defeat against Queens Park Rangers. The game was effectively over by half-time after the counter-attacking visitors had capitalised on some alarming defensive failings in the Hornets rearguard to race into a 3-0 lead courtesy of two Martin Rowlands goals, including a penalty, and a Damion Stewart header. A Damien Francis header at the start of the second-half, which had suspicions of an own goal about it, gave the Hornets hope, but Akos Buzsaky ensured it would be seven games without a win at Vicarage Road for the home side before Dan Shittu netted a late consolation. .
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