IRVINE, Calif., July 18, 2002 (PRIMEZONE) -- iLive Inc. (OTCBB:ILVE) is pleased to announce the successful launch of its Content Participation Program. iLive the leader in pay-per-view Internet content is focused on turning media into revenue, building large distribution channels for rights holders and developing one of the largest and most active pay-per-view digital audiences. Through iLive's new Content Participation Program, content producers can now cost effectively find and build large consumer audiences who are willing to pay for their content. This exciting new initiative helps content producers create a profitable and sustainable Internet business model utilizing their existing content.
Scott Henricks, the Company's President, commented, "We believe that many independents have grown tired of paying for 'exposure.' We give them a chance to have their films value determined in a free market system. Our Content Producer Program should place iLive into a strong position to forge beneficial partnerships with Independents and studios alike as they now have an alternative to relying solely on advertising revenue. Combined with our unique content sharing platform we believe the prospects for our business model are very exciting indeed."
Those who are interested in learning more about the Content Participation Program can click on the link below or visit the iLive website at www.ilive.com.
http://www.ilive.com/submitfilms.asp
About iLive:
Located in Irvine, California, iLive is one of the only publicly traded companies to offer consumer video on demand services over the Internet. Video on demand gives consumers complete control over their viewing, allowing them to watch what they want when they want. Episodes are accessed via the Internet on a pay-per-view basis and viewers can stop, pause, fast forward, and rewind them just as they would a video or DVD. With the point and click of a mouse viewers can watch a huge collection of Films, How to's, Classic TV, Comedy, Documentary, and much more. For the first time with iLive you can create your own television schedule and revolutionize the way you view entertainment.
This press release contains forward-looking statements. The words "estimate," "possible," and "seeking" and similar expressions identify forward-looking statements, which speak only as to the date of the statement was made. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events, or otherwise. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted, or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.
Executive Summary http://www.ilive.com/execsummary.asp
Corporate Video: http://www.ilive.com/corpvideo.asp