Accounting is questioned in lawsuit against iVillage; allegations come as public offering nears

Article Abstract:

Former chief financial officer, Joanne O'Rourke Hindman, accuses iVillage Inc. of accounting improprieties, as the company prepares to go public. Two other former employees, Todd L. Kenner and Steven D. Carter, have also filed suits claiming iVillage denied them promised stock options. iVillage says it can't comment, because of the pending stock offering, but that a recent audit by PricewaterhouseCoopers showed the company was sound. Securities industry analysts say the offering for the women's internet service provider is likely to proceed.

Legal issues & crime, Company legal issue, Cases, Internet service providers, Internet service provider, Disclosure (Securities law), iVillage Inc., Hindman, Joanne O'Rourke

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Broadcast.com faces risks after strong initial offering

Article Abstract:

Broadcast.com Inc. has been favorably received by investors, despite the fact that radio and television tranmission over the Internet has not been technologically successful so far. Recently, the first day of the company's initial public offering shares opened at $68, almost four times higher than its $18 offering price. Broadcast.com was founded by Mark Cuban and Todd R. Wagner. They began putting the broadcasts of a Dallas radio station onto the Internet through a computer in a friend's bedroom.

Comment:

Has been favorably received by investors, even though radio & TV over Internet is not good

Organizational history, Media Planning/Goals, Radio & TV Broadcasting, Radio and Television Broadcasting, Media Financial Data, Broadcasting industry, Broadcasting, Article, Broadcast.com Inc.

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Nike, long wary of E-marketers, links with Web retailers

Article Abstract:

Nike Inc. has agreed to let the online retailer, Fogdog Sports, market its athletic shoes and sporting goods. This is the first time that Nike has agreed to let any online retailer market its goods. However, Fogdog Sports, has to let Nike acquire 12% of the company's stock.

On-Line Information Services, Videotex & Teletext, Athletic & Other Footwear, Other Footwear Manufacturing, Alliances, partnerships, Footwear, except rubber, not elsewhere classified, Marketing, Online services, Internet services, Company investment, Investments, Nike Inc., Contracts, Electronic commerce, E-commerce, Company marketing practices, Athletic shoe industry, NKE, Fogdog Sports

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