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iBEAM Broadcasting

On March 11, 2002, iBEAM Broadcasting Corporation went out of business as per its Chapter 11 liquidation plan. In December 2001, iBEAM and Williams Communications LLC consummated the transactions contemplated by the Asset Sale Agreement, which provided for the sale of substantially all of the company’s assets to Williams for $25 million in cash and the assumption by Williams of certain of company’s liabilities. The company, prior to selling its assets, owned and operated an Internet broadcast network that delivered streaming media to large audiences of simultaneous users.

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Last Edited 10/20/13

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