January 30, 2007
FOX Television Station Group Signs Video Clip Syndication Agreement With ClipSyndicate
NEW YORK, Jan. 30 /PRNewswire/ -- ClipSyndicate(SM), the B2B source for premier video syndication, announced today an agreement with FOX Television Stations group to syndicate its news content to thousands of vertical Web sites in the ClipSyndicate Video Syndication Network. FOX Television Stations will provide ClipSyndicate's network of Web site editors and bloggers the ability to publish video news content culled from the largest markets in the US.
"We are excited to become a content provider for the ClipsSyndicate network and introduce new audiences to the FOX Television Station group's extensive local news coverage," said Ron Stitt, Vice President, Digital Media and Internet Operations, FOX Television Stations.ClipSyndicate enables broadcasters and other video content producers to realize new revenue streams and extend their brand into the Long Tail of the Internet by syndicating video clips to thousands of vertical Web sites looking for specific content of interest for their end-users. Web site publishers are able to publish fully licensed, authoritative video clips within seconds, and receive a portion of advertising revenue.
"FOX Television Stations clearly understands the power of syndication and the potential of the 'Long Tail' in the video syndication marketplace," said Sean Morgan, founder and CEO of Critical Mention. "This deal demonstrates ClipSyndicate's continued commitment to provide our Web site clients with the most comprehensive and authoritative collection of licensed video assets to power their vertical Web sites. We are extremely excited to have FOX on board."
The FOX Television Stations group, one of the nation's largest owned-and- operated network broadcast groups, comprises 35 stations in 26 markets, covering nearly 45% of U.S. television homes. This includes six duopolies in the top 10 markets, New York, Los Angeles, Chicago, Dallas, Washington, D.C. and Houston, as well as duopolies in Minneapolis, Phoenix and Orlando.
ClipSyndicate, a next-generation online video advertising & content syndication platform, enables respected broadcasters and video content producers to easily monetize their content and extend their brands through an Internet distribution channel that syndicates video clips to thousands of vertical Web sites in need of rich media content. Broadcast content providers and Web publishers alike benefit financially from ClipSyndicate by sharing in the advertising revenues generated through the ClipSyndicate media player.
Launched in 2006, ClipSyndicate is a service of Critical Mention Inc., the most comprehensive Web-based television search and broadcast monitoring service. Critical Mention (http://www.criticalmention.com/) is privately held, with headquarters in New York City. For more information please visit http://www.clipsyndicate.com/.
CONTACT: Sharon Tolpin of Critical Mention, +1-917-826-2894,firstname.lastname@example.org; or Jessica Schweitzer of FOX Television Stations,+1-212-301-3817, email@example.com
Web site: http://www.criticalmention.com/http://www.clipsyndicate.com/