Eline Entertainment Group and Web Pay-Per-View Enter Into Joint Venture to Promote Live Concerts.Business Editors, High-Tech Writers SCOTTSDALE, Ariz.--(BUSINESS WIRE)--June 4, 2001 WEB Pay-Per-View, Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). :WPPV) today announced it has entered into a joint venture agreement with Eline Entertainment Group (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :ELNE), a full service entertainment company. The basis of the agreement is for the two companies to co-promote live music concerts of national and up and coming artists and bands. The Internet performances will be available only on www.elinemusic.com and www.thewebtheatre.com. The video programming will be distributed and produced by WEB Pay-Per-View, using WPPV's 24-hour pay-per-view cyber ticketing system. Viewers will be able to watch the events on their computer or on their televisions if their system permits. The broadcasts will be available for viewers in multiple bit rates 28.8k, 56k, DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary and high-speed cable 300k+. Pursuant to the agreement, the companies will form a focus group that will determine the marketing and sales campaign Noun 1. sales campaign - an advertising campaign intended to promote sales ad blitz, ad campaign, advertising campaign - an organized program of advertisements sales campaign n → campaña de venta of the venture. One of the focus points is to produce a weekly television series either on national network, cable or satellite television. The Companies plan on promoting a wide array of music concerts in various venues located through out North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . It is anticipated that the live performances will generate several revenue streams for both companies; Concert ticket sales, Event merchandise sales, Internet Pay-Per-View broadcasting sales, Advertising, as well as secondary revenue such as Parking, Concessions and Television Broadcast opportunities. "It is a win-win situation for both companies. Although we were not able to come to terms on acquiring WEB Pay-Per-View or the WEB Theatre, we are happy to announce that both of our teams work wonderfully together and that all parties involved are committed to increasing shareholder value as both companies continue their quest for Verb 1. quest for - go in search of or hunt for; "pursue a hobby" quest after, go after, pursue look for, search, seek - try to locate or discover, or try to establish the existence of; "The police are searching for clues"; "They are searching for the brand awareness," said Eline Entertainment President, John P. Brancaccio. "We are pleased to be working with Eline Entertainment. They give us access to a large array of music entertainment, from Country to Rap. They have a second to none production team lead by triple platinum producer Sonny Paradise and a technology team that will work hand in hand with ours," said WEB Pay-Per-View President, Derreck Manteau man·teau n. pl. man·teaus or man·teaux A loose cloak or mantle. [French, from Old French mantel; see mantle.] . Manteau continued: "It is Initially intended that our live concerts will start on the west coast around the middle of the third quarter. We will have more news once our marketing and promotion plan is more definitive." About WEB Pay-Per-View, Inc. WEB Pay-Per-View, Inc. is a producer and distributor of video programming which intends to distribute video content via network, cable and satellite television and through broadband Internet See broadband. networks on a retail pay-per-view basis. WEB Pay-Per-View will use existing technology gained through funding and marketing partnerships to achieve its goal of allowing subscribers to view the video programming of their choice in real time, any time they want, on their computer or television. About Eline Entertainment Group, Inc. Eline Entertainment Group is a full-service entertainment company with production and recording studios, marketing and executive offices located in Nashville, TN., Winter Garden, FL., and Stroudsburg, PA. Eline maintains an Internet presence designed to promote emerging artists, bands and labels. Eline has recently acquired Sonic Quest Studios, a full-service recording studio and Thology Production Group, a full service DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. and CR-ROM distribution company. Thology Production Group is currently producing an interactive CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). and DVD series "RockThology" www.rockthology.com featuring hundreds of bands such as Nirvana, Aerosmith, KISS, and the Red Hot Chili Peppers Red Hot Chili Peppers are an American alternative rock band formed in Los Angeles, California in 1983. For most of its career, the group has consisted of vocalist Anthony Kiedis, guitarist John Frusciante, bassist Michael "Flea" Balzary, and drummer Chad Smith. . The "RockThology" CD-ROM and DVD's feature never before seen live interviews, trivia, music and videos of bands such as Nirvana, KISS, Aerosmith, Jane's Addiction Jane's Addiction was an American rock band featuring Perry Farrell (vocalist), Dave Navarro (guitarist), Eric Avery (bassist), and Stephen Perkins (percussionist). The band formed in Los Angeles in the mid-1980s and dissolved in 1991. and hundreds of others. About The WEB Theatre-Phoenix, Inc. The Web Theatre-Phoenix, Inc., www.thewebtheatre.com, is an Arizona corporation that was spun-off from WEB Pay-Per-View.com, Inc. The WEB Theatre is located in Phoenix, Arizona and has hosted over 70 live events since its inception. Such events include: KD Lang, Jeff Beck, Moby, The Four Tops, Professional Boxing, Alice Cooper, The Cult, Jackie "the joke man" Martling, Professional Wrestling and Bobby Caldwell. In addition, The WEB Theatre is a virtual "Theatre" that can sell tickets and capture audiences around the world 24/7. Rock-n-Roll Hall of Fame inductee Alice Cooper said it best, " I think is great what they've do here, putting a theatre on the web!" SEE: Alice Coopers video from the WEB-Theatre-Phoenix at: www.thewebtheatre.com. "Safe-harbor" statement: Certain statements in this news release are intended to be "forward-looking" statements as defined in 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. Such statements are subject to numerous risks and uncertainties. Actual results may vary significantly from the results expressed or implied in such statements. Factors that could cause actual results to differ materially from forward-looking statements include, but are not limited to, risks of technology or product obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , competitive risks, reliance on development partners and the need for additional capital. The Company cautions investors that its business and financial performance are subject to substantial risks and uncertainties. (c)2001 All Rights Reserved. Web Pay-per-view, Inc. Eline Entertainment Group, Inc. |
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