Stock Watch: NetRadio Boosted by Road Runner Agreement

NetRadio Corp. (Nasdaq: NETR) rose 11/32 to 2 3/4 Wednesday after the online music distributor said Road Runner, a broadband service provider, will rely on the company for streaming media.

Five NetRadio music channels will be available to Road Runner’s more than 912,000 U.S. subscribers, with links featured “prominently” on the Road Runner site.

Financial terms of the agreement were not disclosed, though the companies said it includes a national ad campaign in such publications as the Wall Street Journal, Industry Standard and Business 2.0, in addition to broadcast spots in 40 markets.

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