Online Video Platform Magnifynet Sees 70 per cent Growth in Visits During Writers Guild of America Strike

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Released on: 31, December 1969
, Author: Alison McNeill
, Audience: Internet related

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NEW YORK -- January 15, 2008 Magnify.net, a peer-driven onlinevideo discovery and broadcast channel for websites, groups and businesses, isexperiencing a huge surge in traffic that can be attributed to the ongoing WritersGuild of America strike that has forced many popular TV shows into reruns.

Magnify.net lets people create and run an online, themed TV station out of theirhome or office.

Unlike typical social networks that host video and connect people, Magnify.netprovides the tools and resources to discover, review, organize and broadcast themedvideo -- regardless of where it's hosted.

Videos can be easily collected from other networks including YouTube, Metacafe,Dailymotion, Yahoo, ClipSyndicate, Veoh, and Revver, or uploaded directly. Users canfully customize their channels to reflect their personal or corporate brand as wellas share ad pages through the Magnify Ad Share Network to also monetize traffic.

The strike began officially on November 5, 2007. Since then, Magnify.net weeklyvisits are up 70%. Weekly page views in the same period are up 39.82%.

The strike is against the Alliance of Motion Picture and Television Producers(AMPTP), a trade organization representing the interests of 397 American film andtelevision producers over future royalties from online content. Over 12,000 writersjoined the strike.

"While the strike is important to the future of Hollywood and its convergence withWeb-based entertainment, consumers are also starting to realize the value of contentcreation and distribution as well," said Magnify.net CEO Steve Rosenbaum. Magnify.net puts the power in people s hands to create, discover, and share themedcontent all on one personalized online channel to create a dedicated community.Traffic during the strike is way up, not just for us, but all forms of onlinecontent."

Magnify.net's strength is in the channels that people and businesses create to builda community around activities, niche markets, topics, etc. With the integration ofbroadcast video search and instant publishing, Magnify provides a new category ofcontent that result in the creation of entirely new varieties of channels andvisitors.

About Magnify.netCurrently delivering more than 14 million page views per month and serving over27,000 content publishers, Magnify.net is the fastest growing video platform on theweb today -- and it's free.

The Magnify.net team is led by CEO Steve Rosenbaum, one of the early innovators inthe use of small format video, and user-created video. Rosenbaum created MTVUnfiltered, the first series produced entirely by viewers, and directed themulti-perspective feature Documentary "7 Days in September."

More information can be found at http://www.magnify.net/company /presskit

Press ContactAlison McNeillFutureWorks for Magnify.netAlison@future-work s.com 408-720-8228 Ext. 112


Source: Express-Press-Release.com
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