Steve, more news on Entertainment Blvd today (EBLD). Don't know if you ever got a chance to check them out, but I think it may be worth your time, and I would greatly appreciated your comments/thoughts.
Here's the latest release:
ICTV Partners with Entertainment Blvd to Bring Interactive Music Videos and Online Shopping to the ICTV Service
Thursday May 6, 1:32 pm Eastern Time
Company Press Release
Marina Del Rey, Calif.--(BUSINESS WIRE)--May 6, 1999-- ICTV, the only company to offer high-speed Internet services directly to television sets, and Entertainment Blvd Inc. (OTC BB:EBLD), host of streaming content programming via the Internet, Thursday announced an agreement whereby Entertainment Blvd will provide broadband versions of its Vidnet music-video channel and its on-demand infomercial Web site, Netfomercial, to ICTV's consumer cable-delivered service.
''We're pleased to provide our Vidnet and Netfomercial sites to ICTV,'' said Adam Clampitt, vice president of business development of Entertainment Blvd. ''This is a wonderful opportunity for Entertainment Blvd product to become part of the ICTV subscriber family.''
Vidnet (www.vidnet.com) is one of the most comprehensive interactive music-video channels on the Web. Users may view hundreds of full-length music videos in their entirety, categorized by genre, such as Rock/Metal, Pop/Dance, Jazz/Swing, Christian, Country, Reggae, Urban and Latin.
Vidnet's music-video library is continually updated to reflect a diverse selection of both current and catalog videos. ICTV subscribers will be able to purchase audio CDs directly from the Vidnet site.
Netfomercial (www.netfomercial.com) offers online shopping featuring on-demand streaming video infomercials of top-quality products for consumer purchase. Netfomercial is a complete e-commerce site that guarantees customer satisfaction and Internet transaction purchase security.
''Vidnet and Netfomercial Web sites substantially expand the breadth of content that the ICTV service offers. Entertainment Blvd represents another important building block to deliver broadband services and convenience to the TV -- which is what ICTV is all about,'' said Sheldon Safir, vice president of content and business development for ICTV.
At speeds of up to 10Mbps, ICTV's broadband Internet access is 100 times faster than ordinary dial-up services like WebTV. ICTV provides a complete, TV-like Internet experience with full screen motion, graphics and sound. It supports all major plug-ins and is fully Java-compliant.
A wireless keyboard offers point-and-click navigation and full joystick capabilities to maximize enjoyment of its extensive selection of multimedia entertainment and software titles.
About Entertainment Blvd
Entertainment Blvd (www.EntertainmentBlvd.com) is one of the leading providers of streaming entertainment-related media on the Internet. Among the firm's award-winning Web sites is Vidnet (www.vidnet.com), one of the most comprehensive interactive music- video channels on the Web.
Entertainment Blvd's flagship site, Vidnet, has rapidly become a premier music destination site on the Internet. The firm's mandate of Internet global expansion includes launching current and future Web sites under the umbrella of EntertainmentBlvd.com.
Based in Los Angeles, Entertainment Blvd is aggressively continuing to develop and implement strategic alliances with key commerce and entertainment companies, broadening its presence worldwide.
About ICTV
With headquarters in the heart of California's Silicon Valley, ICTV provides cable operators the most cost-effective open platform for the delivery of high-speed data and other broadband services to cable-connected television sets. For more information on ICTV, visit the company's Web site at ictv.com, call 877/GET-ICTV or e-mail info@ictv.com.
Forward-looking statements in this news 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.
Contact:
Bob Gold & Associates (for ICTV)
Cheri Leeny, 310/320-2010
cheri@bobgoldpr.com
or
Scoop Marketing (for Entertainment Blvd)
Bonnie Poindexter, 213/639-6159
bonniep@solters.com
or
Investor Relations (for Entertainment Blvd)
Art Brown, 877/711-7788
artcbi@intergate.bc.ca |
