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| October 30, 2012 12:10 AM EDT |
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BIRMINGHAM, Mich., Oct. 30, 2012 /PRNewswire-iReach/ -- Venzo Digital, the world's largest distributor of music to offer distribution to stores like iTunes for free today announced that it has been chosen by AlwaysOn as one of the OnHollywood 100 Companies to Watch. Inclusion in the OnHollywood 100 Companies to Watch signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing and entrenched Hollywood entertainment. Venzo Digital was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.
Venzo Digital and the OnHollywood 100 Companies to Watch will be honored at AlwaysOn's sixth annual OnHollywood on October 29th and 30th, 2012, at the Museum of flying in Santa Monica, CA.
This two-day executive gathering highlights the significant trends affecting digital entertainment. Disruptive technology is forcing big changes in Hollywood: new contracts, new genres, new stars. As the behemoth industry steps into the digital era, entertainment execs will be paying even closer attention to the global Silicon Valley—especially the startups that are writing the rules and creating the tools for the digital entertainment age.
"With the advent of a social, mobile audience, the opportunities for digital entertainment innovation are opening up with explosive force. As technology ensures speedy deployment to almost any device, creative producers are delivering quality television, film, and music to an increasingly sophisticated audience," says Tony Perkins, founder and editor of AlwaysOn. "This new, lucrative market is being driven in large part by the companies that made this year's OnHollywood Companies to Watch list, which includes the companies our editors believe represent the highest-growth opportunities in today's digital entertainment marketplace."
The OnHollywood 100 Companies to Watch winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and entertainment industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2012 list.
"The online music distribution market is becoming increasing difficult for content owners to take complete advantage of their digital business as larger distributors are increasing their fees. Through technology, innovation, and a disruptive business model, content owners are able to fully take advantage of their digital business." says Kevin Rivers, founder and CEO of Venzo Digital. "It is a huge honor to be selected as a winner of the AlwaysOn 100 Companies to Watch. On the behalf of our team, we are very excited that AlwaysOn has recognized us for our efforts and achievements in providing online distribution on a disruptive scale to content owners.
A full list of all the OnHollywood Companies to Watch winners can be found on the AlwaysOn website at:
http://www.aonetwork.com/AOStory/Announcing-2012-OnHollywood-100-Top-Private-Companies
About Venzo Digital
Venzo Digital is a web platform that enables content owners to manage their digital business and sell online content to digital retailers like iTunes without charging any upfront fees. Through its sub-brands Venzo Music and Venzo Mobile, users are able to sell unlimited music, ringtones, videos, and mobile apps in exchange for content revenue sharing.
About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Silicon Valley Innovation Summit, OnMedia, OnHollywood, IMPACT Venture Summit Mid-Atlantic, Venture Summit East, OnDemand, Venture Summit Silicon Valley, OnMobile, and GoingGreen Silicon Valley. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.
Media Contact: Kevin Rivers, Xeinge Group, 248-686-1914, kevinrivers@xeinge.com
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SOURCE Venzo Digital
