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Financial Webcasting consolidation


By Jason Meserve, NetworkWorld.com, 07/18/03

CCBN has acquired the corporate earnings call transcript and Webcast distribution business from the Fair Disclosure Financial Network (FDfn). Regulation FD, which basically says public companies must let everyone see/hear its financial statements at the same time, has been a boon to the Webcasting business. A Webcast can serve an unlimited number of users relatively cheaply when compared to a dial-in teleconference. Terms of the deal were not disclosed.

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