TECHNOLOGY - Sept. 17, 1996
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Premiere Radio, Motorola Invest in AudioNet: Los Angeles-based Premiere Radio agreed to invest $4 million to help Dallas-based AudioNet sign up more radio stations and gather their programs to play for listeners on the global computer network. Motorola said its New Enterprises unit invested an undisclosed amount as part of its plan to support emerging industries that may lead to new business for Schaumburg, Ill.-based Motorola. AudioNet broadcasts live radio and television clips, music concerts and professional and college sports to computer users on the Internet’s World Wide Web.
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