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BRILLIANT
DIGITAL TEAMS WITH SLINGSHOT ENTERTAINMENT TO DISTRIBUTE 20 TITLES ON
DVD Internet,
CD-ROM, and Video Joined By DVD To Expand Brilliant's Revenue Base Pursuant to the agreement SlingShot will convert and publish all available, and some yet to be released, Multipath Movie and Multipath Adventure titles, based on characters including Superman, Xena and Ace Ventura, on the DVD format. Initial products are expected to be available in retail in the second half of 1999. SlingShot
Entertainment is an affiliate of The Enterprise, a privately-held group
of entertainment production companies that includes five facilities and
over 150 employees and has been operating for 25 years. With this agreement
and the support of Enterprise DVD, a leader in development for the new
and prospering format, SlingShot will be continuing to push the creative
and technical envelope of multimedia. SlingShot features an impeccable
catalog of titles including films originally presented in IMAX® theaters,
classic cinema, award-winning animation, interactive properties and music/theater
performances. J.D.
Sussman, Executive Vice President of SlingShot Entertainment commented,
"Brilliant has developed an exciting new genre of interactive entertainment
that is ideally suited to the DVD format. We believe Multipath Movies
have the characters, plots and interactivity as well as attractive mass
market price points that will prove to be successful with a broad range
of consumers at retail. We are pleased that Brilliant has recognized our
leadership in DVD publishing and selected us to bring their titles to
market. This is a unique opportunity to bring Multipath Movies and Adventures
to the living room where this entertainment form is a lot of fun" Kevin Bermeister, president of Brilliant Digital, commented, "The SlingShot relationship is an important step in our continued progress toward expanding distribution and awareness by forging new revenue sharing partnerships. This
agreement ratifies Brilliant's technology and production strategy, which
allows content to be re-purposed for distribution across multiple media
platforms at a very low production cost. Our proprietary systems enable
output from a single production process to DVD, CD-ROM, Internet and broadcast,
with this agreement being exclusive to the DVD video format. Accordingly,
we are becoming known as a convergent content and programming partner
in the Internet and broadcast animation industries and are well positioned
to take advantage of the growing popularity of each new digital format." About
Brilliant Digital Entertainment Brilliant Digital has formed strategic alliances with Packard Bell NEC, CompuServe, British Telecom, DVD EXPRESS, Kesmai's GameStorm and @Home to distribute its Multipath Movies over the Internet's World Wide Web and has acquired the exclusive worldwide interactive rights to Bantam Doubleday Dell Books for Young Readers for the Choose Your Own Adventure series of interactive books. Brilliant
has also signed content license agreements for the following properties:
Ace Ventura (Morgan Creek Productions), KISS, Popeye (King Features),
Superman (DC Comics) and Xena (Universal Studios). The company is headquartered
in Los Angeles, CA with offices in Bondi Junction and Double Bay, Australia
and Middlesex, England. Information
about Forward Looking Statements Brilliant Digital has formed strategic alliances with Packard Bell NEC, CompuServe, British Telecom, DVD EXPRESS, Kesmai's GameStorm and @Home to distribute its Multipath Movies over the Internet's World Wide Web and has acquired the exclusive worldwide interactive rights to Bantam Doubleday Dell Books for Young Readers for the Choose Your Own Adventure series of interactive books. Brilliant has also signed content license agreements for the following properties: Ace Ventura (Morgan Creek Productions), KISS, Popeye (King Features), Superman (DC Comics) and Xena (Universal Studios). The company is headquartered in Los Angeles, CA with offices in Bondi Junction and Double Bay, Australia and Middlesex, England. |