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AEG Acquires Incited Media, Creates AEG Digital Media, a Production Powerhouse for Broadcasting Live Events and Other Programming to Audiences Worldwide.

The Preeminent Producer of Live and On-Demand Webcasts for Award Shows, Concerts, Sports and Event Television, Incited Media Is Integrated into AEG's Production Business to Facilitate Digital Broadcasting via TV, Internet and Mobile Devices

LOS ANGELES -- International sports and entertainment presenter AEG today announced the acquisition of Incited Media, a leading provider of webcast management, production and media services. With this acquisition, AEG will merge Incited Media's renowned streaming media and broadcast production capabilities with AEG Productions, an international multiplatform and multimedia production company, to create AEG Digital Media. The new entity will offer a full spectrum of digital media services for distribution across television, mobile and broadband platforms.

"AEG Digital Media becomes a first-of-its-kind production powerhouse with the end-to-end broadcast and webcast capabilities to reach a mass global audience through digital production and distribution," said Timothy J. Leiweke, president and CEO of AEG.

A pioneer in live Internet streaming, Incited Media was founded in 2001 by Joe Einstein and Ben Rolling, and in the eight years since has established itself as the definitive turnkey service provider of Internet broadcasting and streaming media services. Incited Media has produced and delivered some of the biggest online events including The Democratic National Convention, Live Earth, Live 8 and YouTube Live.

Founded in February 2009, AEG Productions quickly made its mark lending its production expertise to shows such as The Michael Jackson Tribute, which was broadcast from STAPLES Center last July, The Oprah Winfrey Show, and Fight Night Club, for networks ranging from ABC and MTV to E! and Yahoo!

The two companies now combine to provide resources and talent that reach far beyond providing technical services.

Michael Goldfine, current president of AEG Productions, will serve as the company's top executive. Former Incited Media executives joining the leadership team of AEG Digital Media are Rolling, named vice president of development; Einstein, appointed vice president of production; and John Petrocelli, joining as vice president of sales and business development.

"As the demand for digital media production and distribution grows, we are now uniquely positioned to deliver a range of services that is unmatched in the industry," said Goldfine. "I have collaborated with the Incited team on broadcast and web productions such as The Winter Olympics for NBC, The NBA Finals, and several prestigious award shows. I have always respected their ability to deliver a best-of-breed experience for viewers. We are proud to join forces and offer unparalleled capabilities in both traditional and broadband production and broadcasting while extending our reach to new clients and audiences around the world through live and on-demand video delivery over the Internet."

"The digital media industry has seen an acceleration in both the adoption and consumption of premium live event streaming," said Petrocelli, former CEO of Incited Media. "Today's connected consumer is very interested in accessing live content online that has high production values and is presented to them in high resolution and high definition. These two companies coming together and forming AEG Digital Media provide the entire content industry with the definitive platform to facilitate, enable, turnkey manage and distribute these content experiences."

About AEG Digital Media

AEG Digital Media is a multiplatform and multimedia production division of AEG founded in 2009 which creates, produces and distributes content across television, mobile and broadband platforms, focusing on music, sports, reality and special event programming throughout the world. AEG Digital Media's state-of-the-art, $25 million production studios overlook L.A. LIVE, the recently opened $2.5 billion, four-million-square-foot sports, residential and entertainment district developed and operated by AEG adjacent to STAPLES Center in downtown Los Angeles. Production facilities include a fully equipped studio with an exterior balcony overlooking Nokia Plaza L.A. LIVE as well as STAPLES Center's entry, two control rooms, and post production facilities, fully integrated with all of L.A. LIVE's venues to allow live broadcasts or post production of programming taking place from locations such as STAPLES Center, Nokia Theatre L.A. LIVE, Club Nokia, the GRAMMY Museum and Nokia Plaza, and the 40,000-square-foot outdoor plaza at the center of L.A. LIVE. For more information, visit www.aegdigitalmedia.com.

About Incited Media

Incited Media is the leading provider of complete webcast management, production and media services in the digital media industry. Incited Media is regarded as the definitive turnkey service provider in the market today with an 8-year track record of empowering and enabling the defining moments in Internet broadcasting and live streaming media including Live Earth, YouTube Live, The Democratic National Convention, several Olympic Games, the MTV Video Music Awards, Farm Aid, The Grammys, the People's Choice Awards, the Nickelodeon Kids' Choice Awards and the Ansari X-Prize. Incited Media's select customer base also includes 19 Entertainment, AT&T, AOL, Comcast, FOX, Intel, MSN, NHL, Nintendo and Viacom. Based in Los Angeles, Incited Media powers seamless, TV quality live events and on-demand media services. For more information, visit www.incitedmedia.com.
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Publication:Business Wire
Geographic Code:1U9CA
Date:Oct 5, 2009
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