[0] AENTV.com Inks Streaming Video Content Syndication Deal With AltaVista.com.Entertainment Editors LOS ANGELES--(ENTERTAINMENT WIRE)--Aug. 2, 2000 Alternative Entertainment Network, Inc. (www.aentv.com) announced today that AltaVista.com (www.altavista.com), one of the top search engines on the Internet will begin to offer the AENTV streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. series "Hollywood Reporter Minutes" and "Billboard Minutes." The new deal also calls for AltaVista to have non-exclusive access to other AENTV programming over the next few months. AltaVista's new "Entertainment Center," which launched today, will provide Internet users with a comprehensive, searchable Web-wide collection of streaming entertainment from related content partners. AltaVista's patented search technology delivers one of the Web's most powerful multimedia indices made up of 35 million image, audio and video files, as well as a radio index of more than 6,700 streams. Both "Hollywood Reporter Minutes" and "Billboard Minutes" are co-productions with the respective magazines, which deliver daily music and entertainment news, music videos, trailers, and celebrity interviews. All of AENTV's original programming is produced at the recently completed iNEXTV/AENTV Digital Media studios in Woodland Hills, Calif. "Both 'Hollywood Reporter Minutes' and 'Billboard Minutes' have had enormous success on AENTV," said Drew Cummings, President & CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We are pleased to be able to team up with AltaVista as a syndication partner where our programming will be available to an even larger audience. Our continued goal is to develop and produce original branded or celebrity-driven programming that has wide demographic appeal, and to offer that programming through our syndication channels to a chosen group of high profile syndication partners, portals, search engines, and destination sites. Using a hybrid business model partially borrowed from the early days of television syndication, we believe that AENTV is well positioned to pursue its objective of becoming the leading producer, aggregator and distributor of streaming video programming for the Internet and Broadband markets." AENTV.com will continue to announce other major content syndication partners over the next few months, in addition to a ramped-up production schedule that includes three new daily series and two new live 24/7channels focusing on Classic Rock&Roll and the Golden Age of Television, both of which will also be offered for syndication. ABOUT AENTV.COM Alternative Entertainment Network, Inc (www.aentv.com) is an affiliate of iNEXTV Corporation, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Ampex Corporation (Amex:AXC AXC Chief Aviation Antisubmarine Warfare Technician (Naval Rating) AXC Add Cross-Connect Card ). The iNEXTV network of affiliates also include: EXBTV, www.exbtv.com, Washington, D.C., producer and netcaster of original Internet programming regarding the Executive Branch of government; iSTYLETV, www.istyletv.com, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , focusing on the lifestyles, passions and pursuits of affluent web users; TV onthe WEB, www.tvontheweb.com, Reston, Virginia Reston is an internationally known planned community whose goal was to revolutionize post-World War II concepts of land use and residential/corporate development in American suburbia. , a leading provider of Internet video Video material obtained from the Internet. It may refer to streaming video from real time broadcasts, streaming archival material or downloading video files for watching later, all of which are viewed on the computer. services; and TV1 Internet Television Internet television (or Internet TV) is television distributed via the Internet. Overview In the past, television was only distributed by cable, satellite, or terrestrial systems. , www.tv1.de, Munich, Germany, one of Europe's top Webcasters. This news release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 that involve risks and uncertainties and unforeseen circumstances that could cause actual results to differ materially from those currently anticipated. Potential risks and uncertainties include, without limitation, risks of continuing losses from future operations and risks affecting the Company's Internet strategy. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion