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SmallCapSentinel.com: Watching the Wizards(March 05, 2010)
LAS VEGAS, March 5, 2010 (GLOBE NEWSWIRE) -- The recent premiere of "The Wizards NYC" online reality show delivered to the viewing public by Gen2Media Corporation (OTCBB:GTWO) is a tremendous event for the Florida based online video pioneer.
Obviously, it's yet another top-level agreement with an entertainment entity. But there's more beneath the surface.
Gen2's pedigree in the ever-growing online video arena is well-established. A simple review of their news feed and the "Who's Who" roster of elite companies, brands and entertainers assures as much. But the real value in the Wednesday release may be in the existence of the series itself, that a project like The Wizards, which features a reality show based around the D.J.-driven nightlife in New York City nightclubs, went directly to the web.
Not MTV, VH1, or any of the other traditional reality show purveyors. This show was distributed on a popular radio station's website and legendary rapper 50 Cent's domain. And the viewers tuned-in in huge numbers.
And Gen2, of course, delivered the video using its proprietary technology.
It seems clear that this is a sign of things to come, that the television is no longer the exclusive province of video. In fact, the advent of video content on the web should further unsettle network executives. Factor in video friendly smartphones like the iPhone or BlackBerry and you know that the times they are a-changin.'
And as it does the early leaders, those with the technology of the near-future like Gen2 Media certainly stand to benefit.
Find out everything being said on the web about GTWO at www.BoardMark.com
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