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December 12, 2007

E-commerce > Former Eonstreams Wins $40 Mil Judgement Against Clear Channel

Knoxville News-Sentinel - Knox business wins $40 million federal court judgment against Clear Channel:

A local company won a $40 million judgment today against media and entertainment giant Clear Channel Communications Inc.

A federal jury in Knoxville found that Clear Channel breached its contract with what was then known as Eonstreams Inc. by failing to adopt the Knoxville company's ad-placement system for Clear Channel's online radio streams.

Dang. I remember Eonstreams as a U.S. Internet customer back in the '90s. Those guys were in the game early.

Posted by lesjones | TrackBack



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