Cinema.com Likely to Become Worldwide Portal for Online Movies and Entertainment; High Profile Domain Name Up for Auction on January 28, 2000 at GreatDomains.com.Business Editors, High-Tech Writers LOS ANGELES--(BUSINESS WIRE)--Jan. 17, 2000 GreatDomains.com announced today that the highly coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. domain name Cinema.com will be sold at an auction ending 2:00 p.m. Pacific Time January 28th, 2000 at GreatDomains.com. "Cinema.com is clearly the best name for a worldwide entertainment portal," said Jeffrey Tinsley Jeffrey Tinsley is an American businessman who is the founder and current Chairman and CEO of Reunion.com, Inc. The company is a social networking website that allows its users to stay in touch with classmates, coworkers, friends, and family members. , GreatDomains.com chief executive officer. "The word `cinema' itself is known throughout most of the world." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Cyber Dialogue, movie-related sites and other forms of entertainment are the most frequented types of content accessed on the web, with roughly 40 million Americans accessing these sites regularly. "With much faster Internet access See how to access the Internet. speeds on the immediate horizon, the delivery of movies through the Internet will become a reality," Tinsley said. "No doubt, this is the perfect name for movies-on-demand through the Internet." "This name is easily branded and has a lot of cache," said Steve Newman Steve Newman is a self-taught South African acoustic guitarist, and was a founder member of the popular African group Tananas. For over two decades Newman has been collaborating with fellow South African guitarist, Tony Cox. , GreatDomains.com president. "Never before in history could a company purchase a strong, international brand right off the shelf for a fraction of the cost of building up a brand by traditional means." "One of the most common questions we get asked is who will be the most likely bidders for this name," Tinsley said. "Clearly Time Warner, General Cinema, Dreamworks, Paramount Pictures, Columbia Pictures, Twentieth Century Fox, MGM MGM in full Metro-Goldwyn-Mayer, Inc. U.S. corporation and film studio. It was formed when the film distributor Marcus Loew, who bought Metro Pictures in 1920, merged it with the Goldwyn production company in 1924 and with Louis B. Mayer Pictures in 1925. , Disney, Edwards Theaters, Mann Theaters, Universal Pictures, AMC (Advanced Mezzanine Card) See AdvancedTCA. Theaters, Viacom, Moviefone, Hollywood.com, and Microsoft come to mind. Alternatively, an unknown twenty-something entrepreneur could use this as an opportunity to capture the online entertainment industry. That's what makes this so exciting." The exact terms of the Cinema.com auction, which ends at 2:00 p.m. Pacific Time January 28, 2000 are posted at GreatDomains.com website. About GreatDomains.com Since 1996, GreatDomains.com has been the marketplace for domain names, and now has close to 250,000 listings. GreatDomains.com sold many high profile sales names in 1999 including Drugs.com, Capital.com, Perfect.com and Promotion.com, some of which sold in excess of $1 million and also sold countless domain names above $100,000. Maintaining high ethical standards and integrity, GreatDomains.com created the procedures by which domain names and Internet business sales are handled, protecting the interest of all parties to the transaction. All sales are settled using contract and escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. procedures similar to those used in real estate transactions. For more information, contact Tim Pluma, director of sales and marketing, at 818/753-8088 or visit the Web site at www.greatdomains.com. |
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