VDAT/BCST partnership announced................
Partnership Gives broadcast.com's More Than One Million Daily Viewers Instant Access to Visual Data's Travel Related Libraries
POMPANO BEACH, Fla., and DALLAS, May 24 /PRNewswire/ --
Broadcast.com (Nasdaq: BCST), the leading aggregator and broadcaster of
streaming media programming on the Web, and Visual Data Corporation
(Nasdaq: VDAT), a leading developer of original video content for the
Internet, today announced a business services, advertising and
distribution partnership to create a new online travel video channel.
Under the terms of the agreement, Visual Data will provide travel-related video content for the channel and will sponsor the channel through the use of broadcast.com's multimedia advertising services. The channel will be hosted on the broadcast.com web site, which receives more than one million viewers per day and will be linked from the broadcast.com home page under "Travel." The new channel, which will offer insight and information to travelers planning vacations and business trips, is scheduled to launch in June and will offer video tours and previews of hotels, resorts, timeshare properties, golf courses and attractions using Visual Data's video libraries.
The channel will include content from HotelView, one of Visual Data's most widely used video libraries, and the winner of Yahoo!'s four-star ranking for best hotel room previews. Visual Data also will produce new content for the travel channel including destinations, cruise ships and sports facilities through its worldwide video production network. In addition, viewers will be able to take advantage of discount travel offers, tour packages and other travel services offered by broadcast.com and Visual Data's travel partners.
"This partnership combines broadcast.com's extensive broadcasting capabilities with Visual Data's diverse and compelling content to provide a complete travel information source for our customers for one of the most popular information categories on the Web," said Mark Cuban, chairman and president of broadcast.com. "In addition to the sponsorship fees we will receive from Visual Data, the travel channel will create additional revenue opportunities for both companies in the travel category."
"This partnership significantly expands the number of people who will access our content," said Randy Selman, Visual Data's president and chief executive officer. "Broadcast.com has over one million viewers per day already equipped to view multi-media content who will now have fast access to our travel related libraries, such as HotelView, AttractionView, ResortView, and DestinationView. We can now provide our customers with incredible exposure for their video presentations while providing broadcast.com with an extensive data base of original content for their viewers."
About broadcast.com
Broadcast.com (Nasdaq: BCST) is the leading aggregator and
broadcaster of streaming media programming on the Web with the network
infrastructure and expertise to deliver or "stream" hundreds of live
and on-demand audio and video programs over the Internet or intranets.
The broadcast.com Web sites offer a large and comprehensive selection
of programming, including sports, talk and music radio, television,
business events, full-length CDs, news, video, commentary and
full-length audiobooks, serving an average of over 1.1 million unique
users per day. Broadcast.com broadcasts on the Internet 24 hours a
day, seven days a week, and its programming includes 410 radio stations
and networks, 50 television stations and cable networks, and game
broadcasts and other programming for over 450 college and professional
sports teams. Broadcast.com also provides Internet and intranet
broadcasting services to businesses and other organizations, including
turnkey production of live and archived press conferences, earnings
conference calls, investor conferences, trade shows, stockholder
meetings, product introductions, training sessions, distance learning
telecourses and media events. For more information on broadcast.com
and its live and on-demand programming, visit broadcast.com.
About Visual Data Corporation
Visual Data Corporation (http://www.vdat.com) produces, markets
and distributes original video and audio content for the Internet and
soon Interactive Television. Visual Data's extensive video libraries
cover a wide range of topics, including travel, business information,
medicine and healthcare and entertainment. Through its subsidiary
EDnet, Inc. (OTC Bulletin Board: DNET), Visual Data has established
relationships throughout the motion picture and recording industries.
Visual Data's strategic partnerships include PR Newswire, a subsidiary
of United News and Media Group that provides breaking news and
information; InterVu, which provides streaming media and Internet
broadcast solutions; TravelWeb, a service of Pegasus Systems, Inc.;
Interval International; Rezsolutions, the merger of Utell International
and Anasazi Inc.; Physicians Online and Intellihealth, a joint venture
of Aetna US Healthcare and Johns Hopkins University and Health System.
This press release contains forward looking statements which involve numerous risks and uncertainties. Actual results, performance or achievements could differ materially from those anticipated in such forward looking statements as a result of certain factors, including those set forth in the Company's filings with the Securities and Exchange Commission.
SOURCE Visual Data Corporation and Broadcast.com |
