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A/V DailyNews Announces 1st Annual Streaming Audio Video Awards. The SAV Awards.
Business Wire - August 11, 1998 10:27
PHILADELPHIA--(BUSINESS WIRE)--Aug. 11, 1998--A/V DailyNews, the Internet's first audio video portal specializing in delivering business, sports, health and entertainment news in streaming audio and video, announced the first annual SAV(TM) Awards.
The SAV Awards will select the Top 15 sites on the Internet which make compelling use of RealAudio or RealVideo. Streaming audio and video is the technology pioneered by RealNetworks (NASDAQ: RNWK) which enables users to view music video clips or listen to interviews in audio, or even watch full-length movies instantaneously over the Internet.
Industry experts believe that streaming media will be a multi-billion dollar industry in the very near future. Due to certain inherent infrastructure characteristics, Internet programming companies are able to profitably create entertainment that from the outset, can be designed to reach an audience which may only number in the thousands.
By contrast, television programming often needs to reach an audience ranging into the millions - and even then could still be an unprofitable venture, as witnessed by the recent cancellation of the "Magic Hour" starring Magic Johnson which averaged 2 million viewers.
The winners will be chosen by 15 panelists from the entertainment and new media industries and will be chosen based upon criteria personal to each panelist. The winners will be announced in conjunction with the launch of the A/V DailyNews website on September 9th, 1998.
Donna Murdoch, Vice President of A/V DailyNews stated, "We decided not to categorize the awards inasmuch as five of the best sites could easily come from the Music industry and we truly wanted this to be the cream of the crop. With over 300,000 sites offering streaming media, we wanted to give everyone an equal chance, regardless of whether it's from a one-man Internet video cam operator in Times Square or from the artist formerly known as Prince."
She added, "We will proudly announce the winners to RealNetworks 28 million registered users with RealPlayer at the A/V DailyNews website the day following its launch."
To enter your web site for consideration please send an e-mail briefly describing the site and its URL to Lisa Gurcsik at A/V DailyNews (SAVAwards@avnewswire.com). Submissions will be accepted until August 31st, 1998.
ABOUT REALNETWORKS:
RealNetworks is a Seattle based company and the recognized leader in streaming media. More than 3.5 million copies of its audio/video player software were downloaded during the month of July. The company said the number was an all-time high, and beat June's, which was also a record setting month.
RealNetworks recently introduced a new version of its RealPlayer, supporting new technology called G2. The company said there are now 28 million registered RealPlayer users. Research firm Relevant Knowledge estimates 6.7 million visitors a month now go to the Real.com sites for its software and links to audio/video content.
ABOUT A/V DAILYNEWS
A/V DailyNews, which fully supports RealPlayer, is a division of Dynamic Imaging Systems Corporation (OTC BB: DIMG), a firm which specializes in advanced multi-media for the Internet via A/V Newswire, A/V TradeShow, the Artichoke Group, Internet Analytics, WebTemps and the company's flagship site.
The A/V DailyNews website will be launched on September 9th and hosted on the Real Broadcast Network, a service offered by RealNetworks and MCI, the leading Internet backbone provider and one of the architects of the Internet.
A technological breakthrough in Internet Broadcasting, other leading firms specializing in multi-media using the Real Broadcast Network include SonicNet, Volkswagon, JamTV, ABCNews, NBC.com and C-Span.
A/V DailyNews is the Internet's first audio video portal specializing in delivering business, sports, health and entertainment news in streaming audio and video. A/V DailyNews will aggregate audio and video news from many of the leading news providers in the country in an easy to digest format.
A/V DailyNews will additionally be producing its own original and leading-edge content for the site which can be viewed using RealPlayer.
Send your submission to Lisa Gurcsik at SAVAwards@avnewswire.com
A/V DailyNews
2000 Hamilton Street
Suite 596
Philadelphia, PA 19130
Lisa Gurscik
215-981-1016
NOTE: RealPlayer is a trademark of RealNetworks, Inc. SAV Awards is a trademark of Dynamic Imaging Systems Corporation. All other companies or products listed herein are trademarks or registered trademarks of their respective owners.
CONTACT: A/V DailyNews
2000 Hamilton Street
Suite 596
Philadelphia, PA 19130
Lisa Gurscik, 215/981-1016
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