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AEG Acquires Incited Media, Creates AEG Digital Media, a Production Powerhouse for Broadcasting Live Events and Other Programming to Audiences Worldwide

Mon Oct 5, 2009 12:48pm EDT
The Preeminent Producer of Live and On-Demand Webcasts for Award Shows,
Concerts, Sports and Event Television, Incited Media Is Integrated into AEG`s
Production Business to Facilitate Digital Broadcasting via TV, Internet and
Mobile Devices
LOS ANGELES--(Business Wire)--
International sports and entertainment presenter AEG today announced the
acquisition of Incited Media, a leading provider of webcast management,
production and media services. With this acquisition, AEG will merge Incited
Media`s renowned streaming media and broadcast production capabilities with AEG
Productions, an international multiplatform and multimedia production company,
to create AEG Digital Media. The new entity will offer a full spectrum of
digital media services for distribution across television, mobile and broadband
platforms. 

"AEG Digital Media becomes a first-of-its-kind production powerhouse with the
end-to-end broadcast and webcast capabilities to reach a mass global audience
through digital production and distribution," said Timothy J. Leiweke, president
and CEO of AEG. 

A pioneer in live Internet streaming, Incited Media was founded in 2001 by Joe
Einstein and Ben Rolling, and in the eight years since has established itself as
the definitive turnkey service provider of Internet broadcasting and streaming
media services. Incited Media has produced and delivered some of the biggest
online events including TheDemocratic National Convention, Live Earth, Live 8
and YouTube Live. 

Founded in February 2009, AEG Productions quickly made its mark lending its
production expertise to shows such as The Michael Jackson Tribute, which was
broadcast from STAPLES Center last July, The Oprah Winfrey Show, and Fight Night
Club, for networks ranging from ABC and MTV to E! and Yahoo! 

The two companies now combine to provide resources and talent that reach far
beyond providing technical services. 

Michael Goldfine, current president of AEG Productions, will serve as the
company`s top executive. Former Incited Media executives joining the leadership
team of AEG Digital Media are Rolling, named vice president of development;
Einstein, appointed vice president of production; and John Petrocelli, joining
as vice president of sales and business development. 

"As the demand for digital media production and distribution grows, we are now
uniquely positioned to deliver a range of services that is unmatched in the
industry," said Goldfine. "I have collaborated with the Incited team on
broadcast and web productions such as The Winter Olympics for NBC, The NBA
Finals, and several prestigious award shows. I have always respected their
ability to deliver a best-of-breed experience for viewers. We are proud to join
forces and offer unparalleled capabilities in both traditional and broadband
production and broadcasting while extending our reach to new clients and
audiences around the world through live and on-demand video delivery over the
Internet." 

"The digital media industry has seen an acceleration in both the adoption and
consumption of premium live event streaming," said Petrocelli, former CEO of
Incited Media. "Today`s connected consumer is very interested in accessing live
content online that has high production values and is presented to them in high
resolution and high definition. These two companies coming together and forming
AEG Digital Media provide the entire content industry with the definitive
platform to facilitate, enable, turnkey manage and distribute these content
experiences." 

About AEG Digital Media

AEG Digital Media is a multiplatform and multimedia production division of AEG
founded in 2009 which creates, produces and distributes content across
television, mobile and broadband platforms, focusing on music, sports, reality
and special event programming throughout the world. AEG Digital Media`s
state-of-the-art, $25 million production studios overlook L.A. LIVE, the
recently opened $2.5 billion, four-million-square-foot sports, residential and
entertainment district developed and operated by AEG adjacent to STAPLES Center
in downtown Los Angeles. Production facilities include a fully equipped studio
with an exterior balcony overlooking Nokia Plaza L.A. LIVE as well as STAPLES
Center`s entry, two control rooms, and post production facilities, fully
integrated with all of L.A. LIVE`s venues to allow live broadcasts or post
production of programming taking place from locations such as STAPLES Center,
Nokia Theatre L.A. LIVE, Club Nokia, the GRAMMY Museum and Nokia Plaza, and the
40,000-square-foot outdoor plaza at the center of L.A. LIVE. For more
information, visit www.aegdigitalmedia.com. 

About Incited Media

Incited Media is the leading provider of complete webcast management, production
and media services in the digital media industry. Incited Media is regarded as
the definitive turnkey service provider in the market today with an 8-year track
record of empowering and enabling the defining moments in Internet broadcasting
and live streaming media including Live Earth, YouTube Live, The Democratic
National Convention, several Olympic Games, the MTV Video Music Awards, Farm
Aid, The Grammys, the People's Choice Awards, the Nickelodeon Kids' Choice
Awards and the Ansari X-Prize. Incited Media's select customer base also
includes 19 Entertainment, AT&T, AOL, Comcast, FOX, Intel, MSN, NHL, Nintendo
and Viacom. Based in Los Angeles, Incited Media powers seamless, TV quality live
events and on-demand media services. For more information, visit
www.incitedmedia.com.

For AEG Digital Media
Mary Kay Crocker, 801-592-5575
marykay@radi8creative.com

Copyright Business Wire 2009



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