EBLD FIRES AMAZON.COM!!!!
(BSNS WIRE) Entertainment Boulevard and I-FILL Announce Exclusive Produc
Entertainment Boulevard and I-FILL Announce Exclusive Product Fulfillment
Agreement
Business Editors
MARINA DEL REY, Calif.--(BUSINESS WIRE)--March 5, 1999--
Entertainment Boulevard, Inc. (OTCBB:EBLD), host of music videos, movie
trailers, live comedy, and sports programming via the Internet, and
I-FILL, wholesale distributor of CDs, cassettes, videos, DVDs, video
games, and vinyl via direct-to-consumer and e-commerce sales have
announced an agreement whereby I-FILL will provide exclusive product
fulfillment for Entertainment Blvd's soon-to-launch online store.
I-FILL, formerly Sound Delivery and short for "Internet Fulfillment,"
is the direct-to-consumer and e-commerce sales division of Valley
Media, the largest U.S.-based wholesale distributor of CDs, cassettes,
videos, DVDs, video games, and vinyl.
Utilizing I-FILL's extensive fulfillment network,
EntertainmentBlvd.com's online store, tentatively scheduled to launch
early second quarter of 1999, will provide visitors with access to an
online inventory of more than 180,000 music and film titles, as well
as unique entertainment-related merchandise.
Music sales over the Internet are expected to rise from $28.7
million in 1998 to $550 million in 2000 to $3.3 billion by 2004,
according to research firm Market Tracking International (MTI). "We
look forward to working with I-FILL to provide an unparalleled
selection of top music and film titles and entertainment merchandise
to our online store," said Robin Wren, President, and Stephen Brown,
CEO, Entertainment Boulevard, Inc., in a joint statement. "We've
received an overwhelming demand from EntertainmentBlvd.com visitors,
looking to purchase the albums and movies featured on our host of
websites. I-FILL is the best choice to satisfy our fans."
Entertainment Boulevard (www.EntertainmentBlvd.com) hosts such
entertainment-oriented web sites as Vidnet, Screen Clips, ComedyNet,
and Pro Sports Net, which provide music videos, movie trailers, live
comedy and sports programming respectively.
"We look forward to handling all of Entertainment Boulevard's
fulfillment needs," said Ed Romig of I-Fill. "We are creating an
alignment between two companies that are heavily involved with the
ongoing growth of e-commerce. This combination holds unlimited
potential."
I-FILL is the direct-to-consumer and e-commerce sales division of
Valley Media, the largest US-based wholesale distributor of CDs,
cassettes, videos, DVDs, video games, and vinyl. The largest
e-commerce wholesaler for audio and video, Valley Media began its
direct-to-consumer and e-commerce sales efforts in early 1993 and also
provides exclusive new-release information as well as access to all
in-house publications. The Woodland, CA-based firm distributes
products from all the major record labels and movie studios, as well
as from thousands of independent record labels and film operations. In
addition to providing access to more than 180,000 music titles, the
company also provides traditional and Internet retailers with new
release information and access to in-house publications.
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 websites
and product orders stemming therefrom, increased levels of
competition, technological change, dependence upon third party
suppliers, and other risks.
--30--AR/na*
CONTACT: Entertainment Boulevard, Inc.
Investor Relations, 877/711-7788
www.EntertainmentBlvd.com
Email: cbioff@intergate.bc.ca
KEYWORD: CALIFORNIA
INDUSTRY KEYWORD: ENTERTAINMENT
Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.
URL: businesswire.com
*** end of story ***
|
