MTV forms MTV Interactive (MTVi)
New York-based MTV Networks Online, a unit of ViacomInc., has formed MTV Interactive (MTVi), a new Internet-only music company,which will include music super-brands vh1.com, mtv.com and sonicnet.com.Nicholas Butterworth, former president of SonicNet, was named president andCEO of MTVi, and will report directly to Fred Seibert, president of MTVNetworks Online and Chairman of MTVi. "We think there is great value informing a company that includes three of the Internet's best music sites,"