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Robert Townsend and Global Nonprofit Launch Public-Purpose Multimedia Studio

Wed Jul 2, 2008 10:17am EDT
"V Studio" will bring together talent from across the
                        entertainment industry
WASHINGTON--(Business Wire)--
Global nonprofit One Economy Corporation and actor, producer, and
director Robert Townsend have announced the creation of the "V
Studio," the Virtual Studio for Public-Purpose Media
(http://www.v-studio.tv). The multimedia studio is a hub for the
creation and development of informing, engaging media that has the
defined purpose of assisting the American public in relevant matters
of health, welfare, and safety.

   Robert Townsend, renowned for films including The Meteor Man, the
Five Heartbeats, the Parenthood, and Hollywood Shuffle, will provide
creative direction to the studio and serve as its president. One
Economy, a global nonprofit that uses innovative technology to give
low-income people the tools they need to enter the economic
mainstream, will initially focus on U.S. distribution and will work
toward developing a global audience across platforms, including cell
phones.

   "We will be creating content like none other, content that truly
helps people," said Robert Townsend. "If we make it fun, easy, and
accessible, everyone will want to be a part of this journey."

   The V Studio will recruit volunteers and talent from around the
world to lend their expertise to this cause. The studio is
headquartered in Los Angeles.

   V Studio content will air on the Public Internet Channel (PIC.tv).
Launching this summer, the Public Internet Channel is a
next-generation, public-purpose online network. Everything on the
Public Internet Channel is relevant, current, accessible, and,
whenever possible, local--always with a clearly-defined public purpose
to inspire, inform, and engage, while giving people the tools they
need to take action.

   "In many ways, the Public Internet Channel is realizing the
potential of television--combining compelling programming with a
launching point into localized, relevant information. With a broad
group of partners and producers, we will create opportunities and help
people take action," said Rey Ramsey, One Economy chief executive
officer.

   The first V Studio production will air this winter.

   About One Economy

   One Economy Corporation is a global nonprofit that leverages the
power of technology and information to connect low-income people the
economic mainstream. One Economy brings broadband into the homes of
low-income people, produces public-purpose media, and trains and
employs youth to enhance communities' technology capacity. Learn more
at www.one-economy.com.

   Photos available for this release:

   Robert Townsend speaks about the V Studio at the National Press
Club.

   To view photos, go to www.enr-corp.com/pressroom and enter Release
ID: 155039

One Economy
Ms. Austin Bonner, 202-393-0051
abonner@one-economy.com

Copyright Business Wire 2008



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