• United States

Financial Webcasting consolidation

Jul 18, 20031 min
Data Center

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.