Gannett Announces Minority Investment in Live Broadcasting Service Mogulus.com
McLEAN, VA – 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. Barak
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,
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
“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.”
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.
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.
For media inquiries:
Vice President of Corporate Communications