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CNM Editorial

The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.
 

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New media, Internet sectors should “self-regulate” ahead of government

Government regulation is a fact of life for many Canadian industries. New media are not among them, and that's generally a good thing.

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CNM People

Brian Jennings has been appointed VP and CFO of Iceberg Media.com Inc, Toronto. Jennings is a CA from Ernst & Young Inc where he held the position of VP. He spe-
cializes in complex corporate restructurings. Iceberg is in the process of launching an all-Canadian content site in partnership with Canoe called Jamcaster.com. It already operates an entertainment portal at www.icebergmedia.com including audio and video.

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CNM Short Takes

WSi sells wireless stake
WSi Interactive Corp, which currently holds a 40% stake in Ariel Wireless Technologies Inc, is swapping its shares for six million shares of Petra Resource Corp. On completion of the deal, Ariel will become a wholly owned subsidiary of Petra. Theo Sanidas, WSi's president, will become a director of Petra on closing. Ariel's main asset is a worldwide, non-exclusive OEM agreement with a "leading European provider of wired and wireless communication hardware and software products" which overcome last-mile hurdles using RF components in the unlicensed 2.4 GHz frequency. WSi is a Vancouver-based incubator of content and infrastructure startups.

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CANARIE takes loosely-structured approach to first-round learning projects

CANARIE Inc is investing $10 million in a variety of different projects in hopes of identifying which technologies hold the most promise for online learning. A close scrutiny of recently funded projects will also determine whether future new media applicants can expect a larger share of the $15 million available until 2004, which could be as early as this fall.

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Funcow expands marketing channels for free Internet access service

One of Canada's few home-grown free access providers is hoping a marriage of music and sponsorships will flesh out its multiple option marketing strategy. Funcow.com, which launched this February, has struck an agreement with EMI Music Canada to co-brand compact discs that will provide music by well-known artists as well as the software necessary to get online for free. Company executives say once online, subscribers will have access to a performer-specific site offering information about the musician, upcoming concert date, fan club memberships and promotions for new releases.

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Investment.com and Garth Turner hook up to create mini media conglomerate

A bed manufacturer which has dabbled in coffee houses and mining over the last few years has reinvented itself once again over the past year as an Internet broadcaster specializing in investor news. On June 6, the Vancouver-based company – Global Investment.com Financial Inc – took another step to strengthen its presence on the web with an equity investment in WorkdayTV Corp, a Bay Street Internet broadcaster owned by Garth Turner, a former federal cabinet minister turned investment guru.

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$30 million restores agency’s core funding

Consolidation of Ontario funding for multimedia funding welcome move

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PIAC, security companies don’t see eye to eye on liability in cases of failure

The private sector and the Public Interest Advocacy Centre (PIAC) may be heading for a showdown over the lobby group's push for better consumer protection in electronic transactions. As provinces across the country prepare to enact the Uniform Electronic Commerce Act (UECA), PIAC has made a public stand in favour of further legislation that would put liability in the event of technological problems squarely on the shoulders of technology vendors and the merchants who buy security software.

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CCR Editorial

The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.

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