DigitalMovie.com Starts eBay Auction at $1.5 Million

DigitalMovie.com Starts eBay Auction at $1.5 Million

MEMPHIS, Tenn., April 6 /PRNewswire/ -- The owner of DIGITALMOVIE.COM (http://www.digitalmovie.com/) initiated his starting bid price of $1.5 million on eBay today in hopes of selling the domain name. As entertainment giants such as SONY move into the digital movie arena, DIGITALMOVIE.COM owner Mark Estabrook believes the name is synonymous with the times.

"We are definitely in the digital movie age, and I felt like the name had reached a point where the entertainment industry would know what to do with it," Estabrook said.

Recent advancements in encryption technology are making the downloading of a movie possible, and at much quicker rates with faster broadband. In addition, pay-on-demand as well as kiosk DVD discs are making a digital movie much more common. As the technology and storage capacities advance, Internet domain names such as DIGITALMOVIE.COM will be in demand.

"I really hate to let it go, as I studied filmmaking in college, but the money I estimate this name is worth would make an awesome digital movie!"

Estabrook did not develop the site into a digital movie download site, due to the need for high amounts of broadband. He believes the entertainment industry is the only group capable of developing the capital and infrastructure to support DIGITALMOVIE.COM.

Estabrook acquired the name in 1998 after trading a digital movie camera in exchange for the name. He currently lives in Memphis, Tennessee with his wife and two daughters, and is working on a documentary about astronaut Gus Grissom.

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.

Source: Mark Estabrook

CONTACT: Mark Estabrook, Office: +1-901-382-9040, Email:
gusgrissom@earthlink.net

Web site: http://www.digitalmovie.com/

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