Subject: Newshare &InfoSeek From: ssloan@ccnode.mcgraw-hill.com Date: Wed, 31 May 95 17:07:50 EST
How the Web Was Won
Subject: Newshare &InfoSeek From: ssloan@ccnode.mcgraw-hill.com Date: Wed, 31 May 95 17:07:50 EST


Text item: Newshare &InfoSeek


  Rex Ballard,Tom Gerhard and I met with Newshare today.  They want to
  offer our content to a broad base of users via the Internet. The
  advantage to S&P is that we will not need to register each user.  They
  offer ClickShare software for user authentication and billing
  transactions. Newshare's focus is on the consumer marketplace; they are
  seeking low $ value, large hits across multiple news services. Bill
  Densmore promotes the firm as the "First News Brokerage" Service. He
  wants to promote various magazines and news services that users can
  hyper-link to. (Let's discuss...).

  They are offering their server software free; but are charging a $1,000
  publishing membership fee- which can be deducted from the generation of
  royalties once the service is launched. We briefly discussed pricing- per
  page. He will be getting back to us shortly to resume this discussion.
  Their server software will be ready August 1st.

  Anne Scalapino from InfoSeek has sent Pam Stein some background
  information, which I now have. They are providing an on-line service that
  allows Internet users to query data from many different sources through a
  non-proprietary front-end query tool. They are interested in adding some
  S&P databases to their available sources: (Compustat Corporate Text,
  MarketScope, MarketScope News, Com-Stock, and Investment Information
  Services including Stock Reports, Corporate Descriptions plus News,
  Research Reports, and Electronic Prospectus).   I received a preliminary
  Distribution agreement.  Their home page is: http//wwww.infoseek.com/.
  They are currently delivering search requests for nearly 500,000 people
  per day.
  They currently have licensed content on their service from:
  Associated press, Reuters, PR Newswire, Business Wire, Newsbytes
  IAC Computer Select/Computer Database Plus
  Leading computer magazines including InfoWorld, Computer World and 15
  others
  Book, movie and video reviews from Kirkus, Cineman, etc.
  Company profiles from Reference Press
  Medical data from Medical Data Exchange
  Chemical Abstracts
  They have the world's largest Usenet News index and the largest index of
  WWW pages.

  Tom G and Rex B, what is your availability this week to meet with one of
  their tech reps?

  Walt, I will give you a hard copy of the preliminary redistribution
  agreement.

  We also need to look into MultiMedia, Copy Write Clearance Center, First
  Virtual, DigiCash...

  Regards,
  Sherri

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