MTV Networks forms Internet-only music company

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MTV Networks Online, a unit of Viacom, has formed MTV Interactive (MTVi), a new Internet-only music company, which will include music super-brands VH-1, MTV and SonicNet. Nicholas Butterworth, former president of SonicNet, was named president-CEO of MTVi, and will report directly to Fred Seibert, president of MTV Networks Online and chairman of MTVi.

Copyright August 1999, Crain Communications Inc.

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