Pop.com Deal With iFilm Bursts
In a snap, Pop.coms intended purchase by iFilm has crackled and faded by the wayside. No one at either of the two companies would comment on the negotiations. An iFilm memo to employees read, "As you know, we have been in discussions with Pop.com. Those discussions have ended and have not resulted in a transaction. The companies will continue to enjoy many overlapping shareholding and personal relationships." Whether or not some of the other suitors for the troubled Website will come knocking is yet to be known.