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TVU Networks Selected by AlwaysOn as an OnHollywood 100 Top Private Company Award Winner
Mountain View, CA - June 4, 2008 - TVU Networks announced today that it has been chosen by AlwaysOn as one of the OnHollywood 100 Top Private Companies. The OnHollywood 100 is a power list of the top private emerging technology companies in digital entertainment and media. TVU was handpicked by the AlwaysOn editorial team based on a set of five criteria--innovation, market potential, customer adoption, media buzz and investor value creation. TVU will be honored at the OnHollywood & BRiM event on June 10-11, 2008 at the Sofitel Hotel in West Hollywood, California, together with the other winners. OnHollywood gathers executives from both the entertainment and the technology industries to identify and debate emerging trends in addition to building relationships and taking advantage of potential new business partnerships. The first annual Broadband Rights Marketplace (BRiM) will launch an online network that supports new creative projects and offers a digital-rights exchange and auction. "This year's OnHollywood 100 represents the brightest of the innovators in the new media space. We are enthusiastic about gathering the leaders in a collaborative environment that fuses these two industries together, culminating in the richest, most progressive conversations on Hollywood's digital movement," said Tony Perkins, founder and CEO of AlwaysOn. The OnHollywood 100 was selected from more than 1000 companies, peer-nominated by leading venture capitalists, investment bankers and industry analysts. The live global Internet TV service offered by TVU is available at www.tvunetworks.com and through its downloadable application TVUPlayer, and to date has been downloaded by over 18 million viewers in 200 countries. TVU offers some 300 live Internet TV channels, with over 3,000 new shows added daily. TVU Networks CEO Paul Shen states, "TVU is honored to have been chosen as an OnHollywood 100 Top Private Company Award Winner. We view our inclusion in this prestigious power list as recognition of our innovation and leadership role in the convergence of Hollywood and the Internet." A full list of the full OnHollywood 100 companies can be found on the AlwaysOn Web site at: http://onhollywood.goingon.com/
About OnHollywood 2008 About AlwaysOn AlwaysOn ignited the open-media revolution in early 2003 by being the first media brand to launch a global blog network. In 2004, AlwaysOn continued to lead the media industry in innovation by introducing a social network where members can connect and engage. AlwaysOn is also revolutionizing the media business by applying its open-media principles to its executive event series (Stanford Summit, AlwaysOn Hollywood, AlwaysOn Media and GoingGreen) and quarterly print "blogozine" by empowering its members to post and share their ideas and meet each other online. As our loyal readers know, AlwaysOn is committed to the free-market, merit-driven approach to reporting and event programming. No other media brand has dared to create such open interaction with its readers and event participants.
For More Information, contact: Mika Saitoh
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