Magnify.net Announces Online Social TV Network 3.0

PRLog (Press Release) – Mar 20, 2008 – NEW YORK -- Magnify.net released its second major update since it launched just over a year ago. 3.0 introduces Social Media tools and features to the 33,000, and growing, online video channel publishers on the network. Company also rolls out new enterprise-class video services for large media players and emerging high traffic Web sites.

While sites such as YouTube focus on single videos with related content scattered throughout the network, Magnify.net provides a community-centric video platform that allows web sites to invite their visitors to both upload and view video from across the Web, including all the major video sources including YouTube, AOL, Yahoo, Veoh and more. Customers include Rodale’s Bicycling Magazine, The Weather Channel, and RacingJunk.com.

Conventional television networks are passive, and large destination viewing video sites tend to encourage a ‘wild west’ environment that doesn’t link community and relevant content.  But Magnify.net customers become content curators by sharing things that matter to them.  

The new Social Network features give channel owners the ability to build a dedicated community around videos content and the people who also watch and share them. Whether it’s a video channel dedicated to racecars, sailboats, politics, or cooking Italian food, Magnify.net turns people into producers and viewers into friends.  

Channels can now enable viewers to create and view profiles and “friend” each other to help build a sense of community around handpicked and curated content.  These features create the ability for channel members to build relationships with others who are looking for people and videos that match their interests. Viewers can also track and subscribe to other member activities.

New features also include support for popular social tools such as Twitter for updating friends outside the Magnify.net network, the ability to integrate live and previously record content from Mogulus, and flickr for pictures.

Magnify.net also introduced two new site services for more professional channel creators.  Magnify.net now offers a "Pro" and "Enterprise” bundles with new flexible features and extended and customizable offerings for businesses looking to preserve their brand look and feel and also control their advertising revenue.

Standard users can share in Magnify.net’s AdShare revenue. With the "Pro" bundle, sites can choose to control 100% of their advertising inventory by buying out the ads from the existing AdShare network. This allows channel hosts to sell and publish ads that matter to them.   Pro page buy out offering includes a 5k, 25k, and 50k - and sites can adjust the pages they want to purchase at pre-set CPMS.  The Pro-level also offers a palette of more flexible branding alternatives and 'white label' page design.  

Magnify.net offers a new Enterprise solution for organizations looking for effective video discovery, upload, and playout tools.  The enterprise package includes a "Single Sign On" option, and low cost video encoding and playback with 100% control of advertising, both within the video and on the Magnify.net pages.  Enterprise-level channels also feature an embeddable and customizable video player for other Web sites and social networks enabling viewers to stream content from the main channel directly to the player.

About Magnify.net
Magnify.net hosts more than 33,000 channels and allows existing websites and an emerging class of content entrepreneurs to build, manage, and monetize web video channels. The basic service is provided free and users can build and configure their channels at www.magnify.net.

SUPPORTING DATA

Free Version:

* Free web page builder
* Twitter widget
* Flikr widget
* Mogulus widget
* WebCam capture
* Unlimited Video Discovery
* 10 50mb uploads per week
* "Friending" Based Social Network
* 50/50 Ad share network
* Contest Module

Additional Benefits:
You have compete control of your site name, url, page design and CSS, and 50% of all new ad pages created for your site.
The Magnify.net platform allows you to gather videos from across the web and build our video channel free!

PRO Version:

* All the features of the Free service
* Ad page buy-out option
* Pro Contest module
* Remove "add a channel" link
* Remove "more channels" link
* Remove 50mb upload limit + bulk uploader

Additional Benefits:
The Pro bundle offers the flexibility to switch easily between the free service (with our AdShare solution) and ad free pages that give you total control of the ad inventory on your pages.

Enterprise Version:

* All features of Free and Pro services
* Additional page customization
* CPM-based page fees
* Video Curation Service (hand-picked videos)
* Single-Sign-On access
* Unlimited Length Video
* Flexible & Secure Video Storage

Additional Benefits:
Enterprise Package customers work with our team to develop and deploy a custom video solution. The service includes dedicated page building, technical support, and community network feature deployment.