(Nasdaq: BIGE - news) Big Entertainment's Hollywood.com Announces Launch Of Movie Showtimes Direct E-Mail Service
Website Adds New Distribution of Moviegoer Content
SANTA MONICA, Calif. and BOCA RATON, Fla., June 1 /PRNewswire/ -- Big Entertainment, Inc. (Nasdaq: BIGE - news) and its new subsidiary, Hollywood.com, Inc. (which owns the popular movie website Hollywood.com), today announced the latest addition to Hollywood.com's array of moviegoing information services, ''ShowTimes Direct.''
ShowTimes Direct will deliver customized e-mail messages direct to users with information about movies opening during the current week, including synopses. When users sign up for the service, they can specify favorite local movie theatres. At least once a week, they will receive an e-mail announcement. Users will then follow links contained in the e-mail that lead to a Web page on Hollywood.com with movie listings in their neighborhood. Plans are for the e-mails to contain special promotional features, personalized for the user. In addition to its benefits to moviegoers, the service is anticipated to generate traffic and advertising revenue for Hollywood.com.
''ShowTimes Direct is yet another example of Hollywood.com's efforts to provide our users with easy-to-access, highly customized moviegoing information,'' said Mitchell Rubenstein, Big Entertainment's chairman and chief executive officer.
About Hollywood.com
Hollywood.com (www.hollywood.com) is a premier website for movies. The award-winning website features one of the Web's largest collections of movie-related multimedia, including movie trailers, movie soundtracks, photos and exclusive interactive games. Hollywood.com also offers visitors current movie, laserdisc and movie soundtrack information, as well as local movie theaters' showtimes, daily Hollywood news, celebrity interviews, listings of movies on TV, a searchable database with over 130,000 movies and 850,000 cast and crew credits, movie reviews, box office charts and interactive forums. Hollywood.com also offers a weekly email dispatch and coverage of premieres, film festivals and events.
About Big Entertainment
Big Entertainment, Inc. (Nasdaq: BIGE - news) was founded by Mitchell Rubenstein and Laurie S. Silvers, who earlier founded the Sci-Fi Channel(TM). Big Entertainment owns Hollywood.com, bige.com, and CinemaSource, a combination of movie-related Internet businesses that are being combined under the ''Hollywood.com'' brand. Big Entertainment also owns entertainment properties created for it by best-selling authors and media celebrities, including Leonard Nimoy and Mickey Spillane.
CBS Corporation and BigE recently announced that they have signed an agreement in principle for CBS to receive an initial 35% ownership interest (with warrants to purchase an additional 5% ownership position) in Hollywood.com, bige.com and CinemaSource in exchange for $100 million of promotion and content support over a period of seven years. Big Entertainment will own 65% of the joint venture. Completion of the CBS joint venture is subject to finalizing transaction documents and customary closing conditions.
The matters discussed herein that are forward-looking statements are based on current management expectations that involve risks and uncertainties that may result in such expectations not being realized. Potential risks and uncertainties include, but are not limited to, the risks described in Big Entertainment's filings with the Securities and Exchange Commission.
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