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NEW YORK--(BUSINESS WIRE)--Feb. 15, 2000--PayForView.com (OTCBB: PAYV) today announced the appointment of John Alexander as president of its Los Angeles-based sales subsidiary Voyager Film Sales.
Alexander brings more than 15 years of domestic and international sales and distribution experience to his new position. Alexander is the second well-known industry executive announced in the last two weeks. Cable and satellite veteran Sid Amira came on board the previous week.
Alexander's experience includes the presidency of two film distribution companies, Tradewinds Entertainment and The Granadella Group, where he oversaw European video distribution of films such as "Bounty" starring Mel Gibson, "The Mission" starring Robert De Niro, "A Room With a View" and "Honeymoon In Vegas."
Alexander was also senior vice president of MCEG/Virgin Vision, where he managed six foreign sales offices in Australia, Spain, Hong Kong, France, Germany and the United Kingdom. At MCEG he handled international sales and acquisitions for "Sex, Lies and Videotape," "Drugstore Cowboy," "Look Who's Talking" and the first Ninja Turtle film.
At Voyager Film Sales, soon to be renamed Avalon Entertainment LLC, Alexander will be responsible for leading the company in the production, sales and distribution of studio level theatrical films, with independent budgets in the $10 to $30 million range. He will lead the company's efforts in establishing output deals in major international territories, as well as source capital and service film product of foreign and domestic producers.
PayForView's Sid Amira called the appointment of Alexander an important step in the company's evolution. "We are extremely fortunate to have an individual with John's talent and experience on board," said Amira. "He brings with him the right mix of sales and financing experience, as well as excellent contacts in the motion picture industry. This will go a long way in fortifying our effort to integrate our on-line and off-line entertainment businesses."
Alexander said he was attracted to PayForView.com because of the company's unique positioning in the film and internet industries. "There is no doubt about the Internet's power as a distribution medium," said Alexander. "As we build a library of product in anticipation of ubiquitous broadband, we can generate sales revenue through traditional off-line channels of distribution. It's this diversification that attracted me to PayForView.com."
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. Its rap and hip hop music label, Street Solid Records, is distributed through K-Tel Distribution (Nasdaq: KTEL). Voyager International Entertainment is currently packaging several motion picture projects for production. Avalon Entertainment LLC is the company's foreign sales division for these projects.
For further information, contact Corporate Communications for PayForView.com. Toll Free: 1-800/286-7912 Fax 604/609-6181 email: invest@PayForView.com or Web: 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.
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Contact:
PayForView.com
Corporate Communications, 800/286-7912
Fax: 604/609-6181
invest@PayForView.com
payforview.com |
