PAYV news:
Tuesday April 4, 9:18 am Eastern Time
Company Press Release
PayForView.com Sub. Voyager Films to Attend Cannes Film Festival
Foreign Sales Arm Avalon To Pitch Projects And Secure Content
NEW YORK--(BUSINESS WIRE)--April 4, 2000--PayForView.com (OTCBB:PAYV - news) subsidiary Voyager Films and its sales division, Avalon Film Sales will be attending the 53rd annual Cannes Film Festival in May.
Cannes, the most recognized film festival and market in the world, runs May 10th through May 21st, and will be attended by film buyers and sellers from territories representing more than 30 countries.
Voyager executives will be present as sellers introducing distributors to upcoming films planned for production. Among the several projects in the development stage being pitched at Cannes by Voyager are ``The Last Train', the story of the last days of the life of renowned Russian Writer Leo Tolstoy and ``Inside Out', a touching coming of age story about a group of Jewish teenagers and their families struggling with their relationships in post -holocaust America.
Avalon Film Sales, Voyagers foreign film sales joint venture with Los Angeles based Aurora Productions, (producers of the International Hit ``The Rock', starring Sean Connery and Nicholas Cage) will attend to offer its sales and film financing services to a large contingent of film producers from many different countries.
While attending the market, Voyager will also have the opportunity to acquire content for future broadcast by PayForView.com. Expertise in negotiating and securing rights for exclusive Internet use rests with the staff of Voyager and Avalon, whose extensive experience in film sales make it possible.
Voyager Film's President, Warren Wayne said understanding the ramifications for both producer and the new media broadcaster paramount.
``License agreements in new media can be challenging' said Mr. Wayne. ``Our understanding of traditional distribution will allow us to assess the on-line and off-line value of a film or digital program. Cannes will be an excellent opportunity for us to exercise our skills.'
PayForView.com is an Internet-based entertainment company that will distribute movies, music, sports and live events direct to viewers on a pay-for-view, retail and e-commerce basis. The company is in the process of acquiring content and creating programming for broadcast specifically over the Internet. Additionally, the company has several ``off line' interests; Voyager International Entertainment is currently packaging several motion picture projects for production, Avalon Entertainment is the company's foreign sales division for these projects and it's rap and hip-hop music label, Street Solid Records, is distributed through K-Tel Distribution (NASDAQ: KTEL - news).
ON BEHALF OF THE BOARD OF
PayForView.com
Marc A. Pitcher
President
For further information, contact: 1-800-286-7912, or e-mail the company at invest@payforview.com.
Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by PayForView.com) contains statements that are forward looking, such as statements relating to the future anticipated direction of the internet industry, plans for future expansion, various business development activities, planned capital expenditures, future funding resources, anticipated sales growth and potential contracts. These forward-looking statements are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
Contact:
PayForView.com Loa Fridfinnson, 800-286-7912 |