On-line film company iFilm.com and long-delayed entertainment web-site Pop.com have reportedly ended their merger talks which were first revealed last week.
"As you know, we have been in discussions with Pop.com. These discussions have ended and have not resulted in a transaction," said Ifilm CEO Kevin Wendle in an internal e-mail on Friday.
"The companies will continue to enjoy many overlapping shareholder and personal relationships," the memo continued.
The failed merger leaves Pop.com's future unclear. The site, backed by entertainment moguls including Steven Spielberg and Ron Howard, has yet to go live despite being scheduled for a spring 2000 launch. However several other companies are reportedly interested in buying the venture including Creative Planet and France's Vivendi.