NEWS BITS AND BYTES
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The multimedia agency Pixelpark, plans to enter the stock market in
the second half of 1999. In 1996, Bertelsmann had acquired 75% of
the company; Neef owns the remaining 25%. Pixelpark plans to list its
stocks in Frankfurt and, through its initial public offering (IPO), will
solidify its leading position in Germany and Europe. Pixelpark will be
the second Bertelsmann affiliate to be introduced on the stock
exchange. Barnesandnoble.com, whose IPO is imminent, will be the
first.
CDKnet, a provider of audio, video and Internet convergence
technologies, announced that the New York Knicks are using
CDKnet's unique multimedia technology, CDK,? to bring the
excitement of basketball directly to the fans' desktops. CDKnet has
worked with the New York Knicks to create a multimedia companion
to their yearbook to be included with each Knicks yearbook purchase.