Monday July 7, 9:16 am ET
Partnership Features Smart Video Content from Renowned World Leaders and Global Thought Organizations
PLACENTIA, Calif.--(BUSINESS WIRE)--Vidshadow, Inc. (Pink Sheets:VSHD - News) (www.Vidshadow.com), an online video platform that partners with content providers, third party websites and advertisers, today announced an agreement with FORA.tv (www.fora.tv), the brilliant ideas network for intelligent discourse and debate, to syndicate content across the Vidshadow network, as well as their online video portal ? www.vidshadow.tv. Content will include video covering today's most compelling political, social, technological and cultural issues from renowned thought-leading organizations, including The Aspen Institute, C-SPAN, the World Affairs Council, Georgetown University and many more.
FORA.tv reshapes the manner in which relevant political, business, technological and cultural issues can enlighten and entertain audiences around the world. It is the definitive resource to connect with new ideas and important thinkers, and through this experience gain a broader understanding of the world beyond the printed page, television screen or other information sources. Through highly entertaining, unmediated rich video content, from thought leaders such as Madeleine Albright and George Schultz to environmentalists such as Jane Goodall to musicians and authors such as Brian Eno and Christopher Hutchens, the FORA.tv experience comes alive enabled by a suite of powerful tools for understanding, interaction and self-expression.
"The success of news aggregation sites such as the Drudge Report, Politico and the Huffington Post clearly demonstrates that there is a large online audience hungry for substantive news," said Vidshadow CEO Jordan D. Hudgens. "FORA.tv's brand of content offers online audiences a deeper, more insightful look at the issues that make you think. This partnership will help Vidshadow continue to tap into this growing online audience by streaming niche content across our network."
According to the Pew Internet and American Life Project, about 50 million Americans turn to the Internet for everyday news consumption. As broadband penetration continues to increase, online news consumption will follow suit. Internet penetration generally has grown from 58% of adults in 2002 to 70% by the end of 2006; this accounts for an additional one-third of the increase in online news consumption.
"We are excited to have our content syndicated through the Vidshadow network," said FORA.tv CEO Brian Gruber. "This partnership presents us with another powerful avenue to reach new audiences online on-demand."
Vidshadow's library of licensed content continues to rapidly grow. Just recently, the company has signed content partnerships with Planet X, National Lampoon, Full Turn Media, Julio Cesar Chavez, Soma Management and Boomj, among others.
To learn more about Vidshadow and the agreement with FORA.tv, please contact Christina Oh at coh@5wpr.com or at 212.584.4270.
About Vidshadow
Vidshadow, Inc. (Other OTC: VSHD.PK) Founded in 2006 by CEO Jordan Hudgens and based in Orange County, CA, Vidshadow, Inc. is one of the Internet's fastest growing video distribution networks providing solutions to advertisers, content providers, and affiliate web sites. Vidshadow, Inc. offers advanced streaming video technologies for consumers and corporate enterprises to leverage for increased monetization and expanded brand reach. For more information, please visit www.Vidshadow.com.
About FORA.tv
FORA.tv (www.fora.tv) is the brilliant ideas network for video discourse and debate. FORA.tv delivers content via its proprietary FORA Player, mobile phones, iPods, cable video-on-demand and other distribution platforms such as Akimbo and Link TV. Content partners of FORA.tv including: C-SPAN; the Chautauqua Institution; ABC Australia; the World Affairs Councils of Northern California, Dallas, Oregon, Philadelphia and Connecticut; The Brookings Institution; Hoover Institution; the Cato Institute; New America Foundation; The Heritage Foundation; The Aspen Institute; The Commonwealth Club; The New School; The Long Now Foundation; the Museum of the African Diaspora; Asia Society; Hong Kong's Civic Exchange; University of London; Chatham House in London; Cambridge University; the Transatlantic Institute in Brussels; The Royal Institute for International Relations - EGMONT; and many of the America's top independent booksellers. Founded in 2006 by CEO, Brian Gruber, FORA.tv has been initially funded by a group of private investors, including leading media pioneer and venture capitalist, William R. Hearst III and Adobe. FORA.tv is headquartered in San Francisco, California.
Forward Looking Statements
Statements contained in this press release, which are not historical facts, are forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based largely on current expectations and are subject to a number of known and unknown risks, uncertainties and other factors beyond the Company's control that could cause actual events and results to differ materially from these statements. These risks include, without limitation, that there can be no assurance that any strategic opportunities will be available to the Company and that any strategic opportunities may only be available on terms not acceptable to the Company. These statements are not guarantees of future performance, and readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Vidshadow, Inc. undertakes no obligation to update publicly any forward-looking statements.
For Further Information, Contact:
RedChip Companies, Inc.
500 Winderley Place, Suite 100, Maitland, FL 32751,
(800) 733-2447,Fax: (407) 644-0758,
info@redchip.com
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