| Digital Media Online Signs Content Licensing Deal With PRIMEDIA | ||
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SANTA
ANA, CA--(March 8, 2000)--Digital Media Online (http://www.digitalmedianet.com/),
the leading developer of B2B vertical online communities for the digital
media market, has entered into a licensing agreement with PRIMEDIA Inc.'s
(NYSE:PRM) IndustryClick to license content from seven publications
from PRIMEDIA's Intertec Publishing Entertainment Group. Digital
Media Online is the leading developer of vertical online communities
in the digital media marketplace. With more than 28 channels, DigitalMediaNet.com
serves distinct market segments including streaming media, digital video,
animation, special effects, desktop publishing, imaging and design,
digital audio, CAD, workstations, game development, film, broadcast
and post production. Each of the channels is updated with current industry
news each business day. The DigitalMediaNet.com community resources
include breaking technology and product news, techniques, white papers,
research, interactive product guides, classified, job and resume listings
and extensive examples of digital art, animations and video. PRIMEDIA
Inc., with 1999 sales of $1.7 billion, is a targeted media company with
print, video, and Internet businesses focused on consumer and B2B audiences.
Some key businesses include Seventeen, New York, Chicago, Fly Fisherman,
Channel One Network and 16 other speciality satellite television and
TV distribution services, Horticulture, Modern Bride, American Baby,
IntelliChoice, Telephony, American Demographics and Films for the Humanities
and Sciences. The Company owns and operates more than 215 Web sites
and other Internet properties. Intertec Publishing is owned by PRIMEDIA Inc., and is broken down into 10 business platforms, including Agribusiness, Communications, Electrical and Public Services, Entertainment, Industrial, Marketing, Professional Services and Apparel, Transportation, Books and Exhibitions. 80% of Intertec magazines are No. 1 or No. 2 in their market. With over 1,600 employees, Intertec produces more than 100 magazines and newsletters, 450 books and valuation guides, and produces more than 30 trade events through the Exhibitions Division.
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