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CABLEWORLD STAFF
E-COMMERCE RINGS UP $345B
Despite the Internet sector's woes, e-commerce boomed in 2000 and will continue to grow, says a study released by AOL and IDC. They report $354 billion in e-commerce transactions last year, and project that figure will reach $5 trillion by 2005. Separately, Federal Computer Week found that the world's biggest e-tailer is the U.S. government, with $3.6 billion in sales last year, $800 million more than Amazon.com.
BEEMER STREAMER
Movies-over-the-Web is an idea that refuses to die. Germany's BMW is backing a short-film site, Bmwfilms.com, which includes work by filmmaker David Fincher of Seven and Fight Club fame. The site is currently featuring a film called The Follow by director Wong Kar-Wai, who won the Cannes Film Festival prize for best director for his 1997 film Happy Together and is best known to U.S. audiences for In the Mood for Love.
WEBCASTS GOING BEYOND EARNINGS
Webcasting corporate-earnings announcements is a growing success, but Net streaming on the business-to-business level is branching out into new territory, according to CCBN, a network that hosts business events. In the first quarter of 2001, 30% of corporate Net streaming consisted of non-earnings events, almost double the 17% of a year earlier. And 47% used enhanced audio, compared to 26% just a quarter earlier.
STREAMING SOUNDS
Internet radio listening during the weekend leading into Memorial Day increased 38% from the previous weekend, according to the MeasureCast Internet Radio Report. May 26 and 27 racked up the highest percentage of weekend listening thus far this year. Eleven of the top 25 stations tracked by MeasureCast experienced an increase in total time spent listening, including ESPNRadio.com and WOFFFM.com.
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