HOLLYWOOD, Calif., Jun 23, 2000 /PRNewswire via COMTEX/ -- Emerging Company
Report, the nationally syndicated television program profiling emerging-growth
companies (http://www.emergingcompany.com), features an interview this week with
Digital Video Display Technologies, Inc. (OTC Bulletin Board: DVDT).
CEO Lee Edmondson described Digital Video Display Technologies' core business as
being the design, manufacture, distribution and sale of its location-based
Interactive Video Jukeboxes to bars, restaurants and other entertainment
establishments. "Our Video Jukeboxes enable patrons to watch MTV-style music
selections," he said, "at their favorite bars and restaurants while purchasing
products and services as they would on the Internet. In 1999, over $2 billion
was spent in jukeboxes, but half of the time, those units are idle, not being
used. DVDT's business model is to market that idle time with advertising and
merchandising to create additional revenue." The company sells the units to the
entertainment locations and earns revenues each time the units are used.
According to Edmondson, the entire music format of a unit can be changed from
DVDT's remote server location. |
