IQ News: Bits | Adweek
Advertisement

IQ News: Bits

Advertisement

-Advantix, Newport Beach, Calif., purveyor of live entertainment ticketing technology, agreed to merge with Tickets.com, Marina Del Rey, Calif., an online database for tickets and entertainment information. Under the Tickets.com moniker, the companies will establish a global company to sell entertainment, sports and travel tickets on the Web.

-Razorfish, New York, has filed for an initial public offering with the Securities and Exchange Commission. The filing estimated that the stock sale, through an underwriting group led by Credit Suisse First Boston, would raise $50 million.

-Showtime Online, New York, acquired the exclusive online rights to Web-based sci-fi serial WhirlGirl. The multi-year agreement with WhirlGirl parent Visionary Media, New York, provides a first-look option on future output from Visionary. WhirlGirl will debut Feb. 28 on Showtime Online with a complete season of 28 weekly episodes.

-Broadcast.com, Dallas, has been chosen by three ABC-owned TV stations to provide streaming media services for the channels' content, including selected live and archived video broadcasts of news, sports and locally produced programming. The stations are in Philadelphia, New York and Houston.

-Lara Stein, who last year was named president of iXL New York, has been named
president of the Enhanced Television Group, East, a unit of iXL focusing on broadband.

-K2 Design, New York, will launch USAccess Bank, a new around-the-clock electronic bank based in Louisville, Ky., as well as a banner campaign and business-to-business promos.

-Houston-based Compaq Computer last week announced the creation of The AltaVista Company, which will be based in Palo Alto, Calif. Compaq acquired the AltaVista search engine, the new company's core product, in its purchase of Digital Equipment Corporation last year. Compaq officials also announced plans to establish AltaVista as a publicly traded company, though the timing was not disclosed.

-Intertainer, Santa Monica, Calif., formed content deals with Columbia TriStar Television Group, Warner Bros. and Cinar Corporation. Intertainer provides on-demand home entertainment services over high-speed cable or telephone connections. The contracts provide Intertainer with access to first run pay-per-view and library movies, music and concerts.