LOS ANGELES--(BUSINESS WIRE)--May 2, 2000--Vidnet.com, a division
of Entertainment Boulevard Inc. (OTCBB:EBLD), one of the Internet's
leading providers of streaming entertainment-related media, today
announced an agreement with Listen.com, the Internet's comprehensive
music and music artists directory, under which Listen.com's artists'
pages will include links to music videos on Vidnet.com.
Through its directory, Listen.com provides a guide to the most
popular and biggest name artists with music on the Web. The directory
currently categorizes and reviews more than 60,000 artists in 600
music genres. Listen.com has received funding from all five major
record labels.
"We're thrilled that Listen.com is including links from their
artists' pages to Vidnet's streaming music videos," said Stephen
Brown, Vidnet's chief executive officer. "This relationship has the
potential to provide a great deal of exposure to Vidnet.com, and
Listen.com users will be able to enjoy top quality music videos, as
well."
"By following links to Vidnet.com, Listen.com users will be able
to easily find videos from popular artists like 'N Sync, Creed,
Slipknot, and hundreds more," said Sean Ryan, Listen.com's vice
president of business development.
About Listen.com
Listen.com is the Internet's comprehensive guide to online music.
The site includes original reviews and categorization of more than
60,000 artists and links to their legally posted work on 1,000 Web
sites. Listen.com's guide is also syndicated to AOL's Spinner and
Winamp; Excite@Home; Lycos; MusicMatch; RealNetworks; shockwave.com;
Snap.com; Sony; and ZDNet.
Rob Reid, a former venture capitalist and author of "Architects of
the Web" founded Listen.com in December 1998. Financial backers
include all five major music labels (BMG Entertainment, EMI Recorded
Music, Sony Music, Universal Music Group, Warner Music Group); the
Barksdale Group; August Capital; Attractor Ventures; Hambrecht &
Quist; Index Ventures; Austin Ventures; Trans Cosmos; Altos Ventures;
Imagine Media founder and CEO Chris Anderson; CNET founder and
chairman Halsey Minor; Gateway Computers founder and chairman Ted
Waitt; and Maverick Records' principals.
Listen.com has 135 employees and is based in San Francisco's
"Audio Alley." Listen.com and the Listen.com logo are service marks of
Listen.com Inc.
About Vidnet
Vidnet, www.vidnet.com, is a division of Entertainment Boulevard
Inc. Vidnet is one of the leading providers of streaming
entertainment-related media on the Internet. Among the firm's Web
sites is one of the most comprehensive interactive music video
channels on the Web.
Vidnet's music site has rapidly become a premier music destination
site on the Internet. The firm's mandate of Internet global expansion
includes not only increasing the content base and broadening the
network channels on the Vidnet network, but also acting as a content
aggregator to some of the largest companies on the Web.
Based in Los Angeles, Vidnet continues to aggressively develop and
implement strategic alliances with key commerce and entertainment
companies, broadening its presence worldwide.
Forward-looking statements in this press release are made pursuant
to the "Safe Harbor" provisions of the Private Securities Litigation
Reform Act of 1995. Investors are cautioned that such forward looking
statements involve risks and uncertainties, including, without
limitation, the continued popularity of the company's Web sites and
product orders stemming therefrom, increased levels of competition,
technological change, dependence upon third party suppliers, and other
risks.
--30--ojm/la*
CONTACT: Listen.com
Sean Garrett, 415/934-2004
sean@listen.com
or
Vidnet
People's Revolution
Jennifer Gross, 323/658-8700
jenngross@aol.com
or
Silverman Heller
Dan Matsui, 310/208-2550
dmatsui@sha-ir.com |
