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BUSINESS
March 14, 1992 | From Times Staff and Wire Reports
NBC Invests in Store-Based Media Network: NBC said it had an agreement in principal to invest with Oklahoma City-based Fleming Cos. Inc. in building a "site-based" media network in stores across the country. Site-based media includes setting up TV monitors to advertise products or services. Fleming is the largest grocery wholesaler in the country. NBC and Fleming will be joined in their venture by Glen Head, N.Y.-based Silent Radio Inc. and Site Based Media Inc.
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BUSINESS
March 14, 1992 | From Times Staff and Wire Reports
NBC Invests in Store-Based Media Network: NBC said it had an agreement in principal to invest with Oklahoma City-based Fleming Cos. Inc. in building a "site-based" media network in stores across the country. Site-based media includes setting up TV monitors to advertise products or services. Fleming is the largest grocery wholesaler in the country. NBC and Fleming will be joined in their venture by Glen Head, N.Y.-based Silent Radio Inc. and Site Based Media Inc.
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BUSINESS
March 22, 1994
SilentRadio Inc., a Chatsworth maker of electronic moving-message displays, said it completed a $1-million private placement of stock. The company said it would use the money for working capital purposes, including the production and sale of its products. The private placement, which was oversubscribed, was for a minimum of $250,000 and a maximum of $1 million.
BUSINESS
December 14, 1993
SilentRadio Inc., a Chatsworth maker of electronic moving-message displays, said it received a $1-million contract from AT & T to provide the displays for Los Angeles' Metrolink train stations. The displays will provide train schedules and other information for Metrolink passengers. SilentRadio President Lew Solomon said the company anticipates that it will receive other contracts for similar installations in the Los Angeles area.
BUSINESS
August 30, 1994
SilentRadio Inc., a Chatsworth maker of communications equipment and software, said it has received a contract worth about $373,000 from the Palm Springs Regional Airport to install a flight information display system and a visual paging display system. SilentRadio is the general contractor for the project, which is being undertaken in part to make the airport accessible to the hearing-impaired. SilentRadio has done several airport projects in recent years.
BUSINESS
March 2, 1993
SilentRadio Inc., a Chatsworth-based provider of information services, said it is negotiating with a New York advertising firm to recover cash and other expenses after SilentRadio's abrupt departure from a joint venture. Last March, SilentRadio agreed with Site-Based Media Inc. of New York and some other parties to form a new network, called On-Site Media Inc., that would broadcast entertainment and commercials in supermarkets.
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