MCLEAN, Va.--(BUSINESS WIRE)--July 28, 2008--Gannett said today it
has made a minority investment in Mogulus, a New York- based Internet
video platform. The investment extends and expands on Gannett's
three-month-old commercial agreement with Mogulus to provide
broadcasting services on the company's Web sites.
That agreement, signed in April, has enabled Gannett newspapers
and television stations to perform live, groundbreaking broadcasts,
including:
-- The Indianapolis Star's (www.indystar.com) live editorial
interview of Democratic presidential candidate, Sen. Barack
Obama, which attracted more than 40,000 concurrent viewers.
-- The Webcast by www.azcentral.com of the press conference when
the NFL announced the city that will be hosting the 2012 Super
Bowl. Azcentral.com is the combined Web site of The Arizona
Republic and KPNX-TV in Phoenix, AZ.
-- A live Webcast of the interview with Sen. Hillary Clinton by
the Argus Leader (www.argusleader.com) in Sioux Falls, SD.
Terms of the agreement and the investment were not disclosed.
"Mogulus adds a new and exciting dimension to Gannett's already
broad-based multimedia journalism efforts. Our reporters and
photographers in the field are equipped with video cameras, laptops
and broadband wireless connections to enable timely and relevant news
delivery to the Web. Now, with Mogulus, all our journalists -
including print and Web reporters - can deliver live, multi-camera
broadcasts of news events to our customers," said Craig A. Dubow,
chairman, president and chief executive officer of Gannett Co., Inc.
(NYSE:GCI) "Live internet broadcasting tools are essential in this new
media age. We believe in the space and in the ability of Mogulus to
deliver."
Mogulus gives users everything they need to launch their own live
24/7 television station online, including multiple camera and editing
capability. So far, more than 100,000 producers have launched their
own Mogulus channels, which can be viewed at www.mogulus.com and
throughout the Web via the Mogulus players. The viewing audience has
doubled every 60 days for the past 10 months, mounting up to more than
200,000,000 unique viewer minutes monthly.
Mogulus will complement Gannett's already robust multimedia
infrastructure by adding the capabilities of its broadcast studio "in
a box" to journalists' information gathering tool kits. Using the
Mogulus studio, professionals and amateurs can easily mix multiple
live cameras, video clips and overlay graphics.
Mogulus offers an ad-supported free service as well as an upcoming
white label Pro version; the service is live and on-demand. Mogulus
producers range from video bloggers and independent producers to large
media companies such as Fox and Gannett.
"This investment from Gannett is a terrific partnership which will
not only give us the financial resources to secure Mogulus as the
leading live broadcasting service but also gives us our first major
Mogulus Pro customer," said Max Haot, co-founder and CEO at Mogulus.
"Our immediate priority is now to accelerate our product development
to launch Mogulus Pro, recruit senior executives in the areas of
service sales and advertising sales and deploy the Mogulus Pro service
deeper within Gannett properties and those of other customers."
About Mogulus
Mogulus is the most powerful live broadcast platform on the
Internet. Producers can use the Mogulus browser-based Studio
application to create LIVE, scheduled and on-demand Internet
television to broadcast anywhere on the Web through a single player
widget. The service comes in two flavors: Free (ad-supported) and Pro
(white-label, no-ads, pay for usage). Unique features include the
ability to mix multiple live cameras, imported videos clips, and
overlay graphics. With Mogulus, producers can broadcast live from a
mobile phone; use a customizable flash player with integrated chat;
and develop a branded channel page on Mogulus.com that incorporates
interactive chat.
About Gannett
Gannett Co., Inc. is a leading international news and information
company that publishes 85 daily newspapers in the USA, including USA
TODAY, the nation's largest-selling daily newspaper. The company also
owns nearly 900 non-daily publications in the USA and USA WEEKEND, a
weekly newspaper magazine. Gannett subsidiary Newsquest is the United
Kingdom's second largest regional newspaper company. Newsquest
publishes nearly 300 titles, including 17 daily newspapers, and a
network of prize-winning Web sites. Gannett also operates 23
television stations in the United States and is an Internet leader
with sites sponsored by its TV stations and newspapers including
USATODAY.com, one of the most popular news sites on the Web.
CONTACT: Gannett Co., Inc.
Media inquiries:
Tara Connell
Vice President of Corporate Communications
703-854-6049
tjconnel@gannett.com
SOURCE: Gannett Co., Inc.