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ON24 Shutters Financial News Unit:

ON24 Shutters Financial News Unit: Financial multi-media news seems to be disappearing online. First the closure of Yahoo FinanceVision, and now ON24, a streaming media provider, will discontinue the production of its original financial news. Its news was syndicated to sites such as Yahoo, CNET (which is also an investor on the privately-held company), Lycos, and Infospace.

The San Francisco- based company said it is expanding its streaming media services for the enterprise and financial services markets to include the health care industry. The privately held company will maintain its syndication network for third-party content and earnings conference calls.