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International Entertainment News

Wednesday, June 14, 2006

Bloomberg Television Signs Agreement with ClipSyndicate

Bloomberg Television Signs Agreement with ClipSyndicate

Partnership Allows Vertical Web Sites to Syndicate Bloomberg's World Class Video News

NEW YORK, June 14 /PRNewswire/ -- Critical Mention, Inc., the leading Web- based television news search and broadcast monitoring service, today announced that Bloomberg Television has signed an agreement with its new technology platform and business venture, ClipSyndicate, a video syndication service that will allow Bloomberg Television to quickly and easily launch a revenue- generating Internet distribution strategy.

ClipSyndicate enables broadcasters and other 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 content for their end-users, while providing advertisers new reach to an extremely targeted audience.

"We are very excited that Bloomberg Television has joined the growing ranks of respected content providers distributing content through ClipSyndicate," said Sean Morgan, founder and Chief Executive Officer of Critical Mention. "Bloomberg has an international reputation for its quality content. Programming of this caliber is in high demand throughout the long tail of the Internet."

Bloomberg Television is a 24-hour cable network covering national and international business and financial news, and reaches more than 200 million homes worldwide via 10 networks in seven languages. Based in New York, Bloomberg's global network includes 750 reporters at 79 news bureaus around the world. It features a signature multi-screen format delivering news, data, market updates, breaking news and weather. The service is widely distributed in Europe, the Americas and Asia. Satellite carriers include DirectTV and Echostar.

Sean Morgan will be speaking at the Business Development Institute (BDI) conference on June 15th at the Microsoft Conference Center called, "Web Video Goes Mainstream: Is your Brand Ready? He will be presenting, "The Perfect Storm for the Next Wave of Syndication: Web Video", discussing the increasing use of web video and what this means for advertisers, broadcasters and publishers as the demands for rich content on the web increase. For more information about the conference, please visit http://www.bdionline.com/.

About ClipSyndicate

ClipSyndicate is a next-generation Web publishing platform that 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.

ClipSyndicate's partners include broadcasters such as Clear Channel Television, AP Digital, MultiVu, and Bloomberg, and publishers including SmartBrief, Cygnus Business Media Interactive and Technology Marketing Corporation (TMC).

Launched in 2006, ClipSyndicate (http://www.clipsyndicate.com/), 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/.

Source: Critical Mention, Inc.

CONTACT: Sharon Tolpin of Critical Mention, +1-212-400-8678,
stolpin@criticalmention.com; or Carrie Gilman of Kwittken & Company,
+1-646-747-7150, cgilman@kwitco.com

Web site: http://www.criticalmention.com/
http://www.clipsyndicate.com/
http://www.bdionline.com/

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