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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (15311)	5/12/1999 2:22:00 PM
From: blake roberts	Respond to of 25711

FirstEntertainment.Com Signs with Uproar Entertainment for First E-Commerce Comedy Merchandise DENVER, May 12 /PRNewswire/ -- FirstEntertainment.Com (OTC Bulletin Board: FTET - news), a fully reporting company, announced today an agreement with Uproar Entertainment for the exclusive creation and hosting of an e-commerce site UproarEntertainment.com. This site will be the first of the ComedyWorks.com online network to generate revenue from Uproar's extensive comedy entertainment library of CDs and videos. In a previous announcement First Entertainment described a joint venture creating a significant internet based web site for comedy content utilizing its eighteen year history in the comedy business through its subsidiary Comedy Works. Revenue will be generated through various internet-related activities which will include producing regularly sponsored live, exclusive programming on the internet as well as pay per view live video streaming. Advertising sales will also be used to generate revenue. Programming will originate from its own club as well as other premiere clubs in their respective markets that will become part of the network that the joint venture intends to create. In addition, the site would offer comedy CDs, direct downloads, associated merchandise, and admission tickets to live performances at member clubs. The joint venture with EMNet Corp. will utilize Buy Broadway's relationship with AOL, replicating the rapid growth of Buy Broadway's success in the theatre market into a national internet network for the comedy market. David Drozen, CEO of Uproar Entertainment said, ''We are very excited about the relationship with First Entertainment and the launching of its internet comedy presence. Comedy continues to lead all forms of entertainment in each time slot of broadcasting and we believe will demonstrate similar popularity on the internet as it becomes the entertainment medium of choice.'' David Drozen, one of the founders of Laff Records, has been at the forefront of comedy for over thirty years. He discovered Richard Pryor, signed him to his first recording agreement, and produced twelve Pryor albums. He has produced over 150 comedy albums, six of which have been nominated for Grammys. In addition to Pryor, he has produced such legends as Redd Foxx, Slappy White, and La Wanda Page. Uproar's impressive catalog boasts titles by artists including Richard Jeni, Jonathan Winters, Rich Little, George Burns, John Pinnette, Richard Belzer, Kathleen Madigan, and George Carlin, just to name a few. Six of Uproar's artists have been awarded the honor ''Standup Comic of the Year'' at the American Comedy Awards; and two Uproar Recordings have been awarded ''The Best Comedy Album'' at the Glama Awards. FirstEntetainment.Com is creating communities of network niche portals, each tailored to a particular niche group. The destination entertainment portal will host free e-mails, news, music, comedy and life style information surrounding a variety of activities from a specific host with hot links to related activities. An infrastructure of chat rooms as well as a virtual shopping mall will be included where a variety of merchandise related to each site will be featured ranging from comedy CDs to T-shirts, mugs, collectibles, as well as Broadway theater tickets and merchandise. First Entertainment is a multi-media Internet Entertainment Company and has divisions or subsidiaries in the areas of radio broadcasting, comedy clubs, and Internet gaming, as well as other Internet related activities. Note: Certain statements herein that are not historical are forward looking statements, which involve risk and uncertainties. Investors who seek more information about the company's business and relative risk factors may wish to review the company's periodic reports filed with the SEC including, but not limited to, its most recent Annual Report on Form 10-K/SB and Quarterly Report on Form 10-QSB. Please visit the new First Entertainment site at www.firstentertainment.com. SOURCE: FirstEntertainment.Com