StreamSearch Cuts Jobs, Turns To Syndication Business Model
StreamSearch (www.streamsearch.com), announced it was "refining" its business model by turning to business-to-business syndication and enacting "strategic company restructuring including some staff downsizing". No exact numbers on the number of staff cuts were announced.
According to a statement released by StreamSearch, the company said it will allow users to access media from wireless devices and other enhanced TV platforms. Using WAP (Wireless Application Protocol), StreamSearch will let users search and listen to audio files from their wireless devices.
StreamSearch also said users will be able to select and upload streaming and downloadable audio content to their WAP enabled devices.
"StreamSearch is currently the leader in aggregation and syndication of multimedia on the Web," said founder and CEO, Rob Shambro, in a statement. "In order to maintain its competitive edge, the company has refocused and revitalized its strategy, tightened its operations and reorganized its staff in order to realize its vision."
StreamSearch recently made deals with Go.com, About.com and AskJeeves, to provide streaming media directory services.