OMDA news...
The Board of Directors of Original Media further announced that the company has
received indication that there is an interest to acquire all or part of the
assets of Original Media. Therefore, the Board of Directors has decided to
extend the record date of the She's Got Network spin-off until May 31, 2000, to
verify the viability of the indicated interest.
PALM SPRINGS, Calif., May 2, 2000 (BUSINESS WIRE) -- She's Got Network, the
aggressive women's portal, which is a subsidiary of Original Media (OTC
BB:OMDA), Monday announced that is has launched its women's sports and gear Web
site, She's Got Sports (www.ShesGotSports.com), as well as its women's political
issues Web site, She's Got Vote (www.ShesGotVote.com).
Jayne Newell-Lanza, founder of She's Got Network and CEO of Original Media,
stated, "Our approach to She's Got Sports is uniquely different from other
women's sports Web sites. We believe women should have fun, be positive and live
healthy, within reason. Taking up a sport should not only be for your overall
physical well-being but should also benefit you mentally with your career and
personal life." She's Got Sports offers nutritional updates, exercise and
fitness news, interviews with leading women athletes, as well as sports and gear
columns.
Newell-Lanza further stated that She's Got Network is negotiating with clothing
manufacturers regarding the launch of a She's Got Sports active clothing line
that will be sold through the Web site.
She's Got Network further announced that the company is expanding its
Cyber-Entertainment Division and has signed a letter-of-intent to acquire a
women-owned production company, Amazon Films. The company is spearheaded by
Brendan Shepherd and Sarah Reid.
Shepherd's career includes working in television and feature film projects with
Miramax, HBO, Showtime, Walt Disney Company and Buena Vista Home Entertainment.
Reid has worked at NBC on shows such as Saturday Night Live, Late Night with
Letterman and Phil Donahue. Reid has worked in all areas of production,
including directing, producing, line producing, production managing and
coordinating various film, commercial and video projects. Some include
productions for Universal, and United Artists, as well as Nissan, Kellogg's,
Volkswagen and Quaker Oats.
Newell-Lanza said, "The demand for Internet hybrid-content shows is on the rise.
She's Got Network believes with the expansion of our Cyber-Entertainment
Division, we will be able to offer the consumer something different and
compelling in new media content. ShesGotNetwork and Amazon Films believe there
is an ever-increasing opportunity for women who can put together efficient, cost
effective digital, independent film and television productions. The fast
expansion of the Internet, along with the rapid growth of digital cable
television to include hundreds of channels that operate 24 hours a day, means
that there is now a shortage of product, especially in the form of low-cost
motion pictures and syndicated television series and those specifically made for
the Internet. With this acquisition, we will be able to develop content that our
viewers demand. She's Got Network will be represented at the Cannes Film
Festival by the attendance of Reid and Shepherd.
She's Got Baby (www.ShesGotBaby.com), the leading women's Web site devoted to
expectant mothers and mothers with babies and toddlers, launched its newly
redesigned and expanded Web site. She's Got Baby now features topics ranging
from infant care, health and medical advice, and nutrition information, to a
parenting forum, a by-the-age index and toy reviews.
The Board of Directors of Original Media further announced that the company has
received indication that there is an interest to acquire all or part of the
assets of Original Media. Therefore, the Board of Directors has decided to
extend the record date of the She's Got Network spin-off until May 31, 2000, to
verify the viability of the indicated interest.
Note: Any statements released by Original Media that are forward-looking are
made pursuant to the safe harbor provisions of the Private Securities Litigation
Reform Act of 1995. Editors and investors are cautioned that forward-looking
statements involve risks and uncertainties that may affect the company's
business prospects and performance. These include, but are not limited to,
economic, competitive, governmental, technological, and other factors discussed
in timelines.
Distributed via COMTEX.
Copyright (C) 2000 Business Wire. All rights reserved.
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CONTACT: Original Media, Inc.
Investor Relations, 800/959-9122
Facsimile - 760/318-0807
shesgotnetwork.com
shesgotittogether.com
shesgotbaby.com
shesgotsports.com
shesgotvote.com
shesgotempowerment.com
culturalcool.com
profitmagazine.net
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