Broadcast.com signs distribution with Nasdaq

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Broadcast.com inked a deal with the Nasdaq Stock Market to broadcast over the Internet quarterly earnings conference calls. The deal is part of a pilot program for Nasdaq-100 companies. Each company will be offered up to four live streaming Internet broadcasts on Broadcast.com. Wall Street liked the sound of the deal; it sent Broadcast.com's stock up 27% for the day, closing at $69.75.

Copyright December 1998, Crain Communications Inc.

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