I bought into these some time ago, and they haven't really moved much for a while after initial links with Music co, etc. However, this week has showed some interest, anyone know whats going on?

http://observer.guardian.co.uk/business/story/0,6903,1268342,00.html

AGM TV launched in 18m merger

Robert Colvile
Sunday July 25, 2004
The Observer

Bored with Big Brother, soaps, pornography or obscure sports? There is an alternative - televised annual general meetings.
Two British communications companies with many blue-chip firms as their clients will announce a merger tomorrow. Virtue Broadcasting will acquire World TV (valued at 18.1 million) in a reverse takeover.

World produces internal TV content for clients, while Virtue specialises in internet broadcasting technology. They hope to integrate their technology and client bases and expand their corporate business - in particular, by broadcasting AGMs.

Neither began in the corporate sector. In 1991, World was set up to provide internal content for non-governmental organisations such as Greenpeace. It now works for clients including BP, Nestland Reuters, as well as the Foreign Office, producing English-language content for expatriates in Iraq.

Virtue first attracted attention developing web services for pop sensations the Cheeky Girls. Their client list is now slightly more respectable - it includes Microsoft, British American Tobacco and UBS.

Virtue's finance director James Ormondroyd said he anticipated 'great commercial and technological synergies', and predicted continued expansion across Europe.