NBC, ValueVision And NBCi Enter Strategic Alliances With SelfCare.com
Market Wire, 20050229
NBC, ValueVision International, Inc. (NASDAQ: VVTV), a leading national shopping network, and NBC Internet, Inc. (NASDAQ: NBCI) today announced multiple-year strategic alliances with SelfCare.com, a leading health and wellness e- commerce site targeting women and their families. The alliances give SelfCare.com an integrated, cross-platform media package spanning network and cable TV and the Internet, including: advertising and promotion, programming, e-commerce and email marketing on NBC, NBCi and ValueVisions SnapTV.
Under terms of the agreement, NBC and its affiliated partners, NBCi and ValueVision, will acquire minority equity stakes in SelfCare.com in exchange for cash and advertising across both NBCs network and Owned and Operated Stations, as well as Internet distribution and e-commerce services on NBCis Snap. SelfCare.com also will use a combination of cash and equity to purchase programming, e-commerce, distribution and promotion packages on NBC, ValueVisions SnapTV home shopping network and NBCis Snap Internet portal. Financial details regarding the transactions were not disclosed.
National Advertising
As part of the deal, NBC will provide SelfCare.com with promotion on the NBC television network and across NBCs 13 owned and operated stations. NBC will also receive a seat on SelfCare.coms board of directors, which will be held by Claudia Taylor, Vice President of Business Development for NBC. In addition, NBC will have access to SelfCare.coms health-related content as well as health and wellness experts.
SelfCare.com on SnapTV
ValueVision and SelfCare.com will co-produce programming for a one-hour weekly show on ValueVisions SnapTV home shopping television network, the fastest growing national shopping network that now reaches 31 million households. SelfCare.com, the TV show, will help consumers make informed decisions about their own and their families health by demonstrating a wide range of products, sharing condition-related information and providing access to leading health experts. SelfCare.com will also be prominently featured in the shopping portion of ValueVisions Web site, VVTV.com, and will be highlighted in the health and beauty section.
E-Commerce Anchor Tenancy on Snap
As part of its agreement with NBCi, SelfCare.com has purchased an e-commerce anchor tenancy in the Health Channel of NBCis Snap Internet portal and will become a featured merchant in the Healthy Living Shop of Snaps popular Snap Shopping service. SelfCare.coms distribution agreement with NBCis Snap will be supported by multiple online media and direct email promotional campaigns.
Partnering with the NBC family of offerings through NBC, NBCi and ValueVision gives SelfCare.com the kind of exposure and cross- platform opportunities unmatched by any other combined media entity. We cant think of a better set of partners to help us build on the foundation of our early successes in the online arena, said Jeffrey Rose, Chairman and CEO of SelfCare.com. The combination of NBC broadcast and cable television advertising exposure, our own branded SnapTV programming and anchor tenancy on the Snap Internet portal will help solidify our position as the leading resource for health and wellness products, rich, credible information and extensive community support.
The online health and wellness sector is booming, and SelfCares integration of commerce and content provides the ideal environment for customers to make educated decisions about their families well being and then act on them, said Marty Yudkovitz, president of NBC Interactive. Were pleased to have the opportunity to expose NBC, NBCi and ValueVisions SnapTV viewers and online users to SelfCare.coms unparalleled offerings, and we look forward to working with SelfCare.com to leverage NBC properties to their best advantage.
Were delighted to welcome SelfCare.com to our network of consumer-focused partners offering premium branded products in a rapidly growing marketplace, said Stuart Goldfarb, vice chairman of ValueVision. This agreement will help SelfCare.com expand awareness of its products and services through the additional national exposure generated through new and interesting programming on ValueVisions SnapTV. Our viewers will benefit as well from receiving access, information and an opportunity to purchase SelfCare.coms wide- ranging product offerings at compelling values.
Chris Kitze, CEO of NBCi said: SelfCare.com is an ideal anchor commerce tenant for Snaps Health Channel. Were looking forward to combining high quality health content and resources from our existing anchor content tenant with top quality wellness products from SelfCare.com. This combination of powerful content with e-commerce opportunities creates a dynamic model for providing our users with the best of the Internet.
About NBC
NBC is a global media company with broadly diverse holdings. NBC owns and operates the NBC Television Network as well as 13 owned television stations. In the United States, NBC owns CNBC, operates MSNBC in partnership with Microsoft, and maintains equity interests in Arts & Entertainment, The History Channel, and Rainbow Programming Holdings, a leading media company with a wide array of entertainment and sports cable channels. NBC is the leader among traditional media companies in Internet and new media business. NBC owns 47 percent of NBC Internet Inc. (NBCi), serving as the media companys exclusive Internet portal and broad- based e-commerce service. NBC also holds equity stakes in CNET, Talk City, iVillage, Telescan, 24/7 Media, TiVo, Wink Communications, Gemstar, Intertainer and other new media companies. Also, together with Microsoft and Dow Jones, NBC operates CNBC/Dow Jones Business Video, offering video- and audio-based financial news and information to financial professionals and institutions. Internationally, NBC owns and operates CNBC: A Service of NBC and Dow Jones in partnership with Dow Jones & Company in Europe and Asia. In partnership with National Geographic and Fox/BSkyB, the network owns and operates the National Geographic Channel in Europe and Asia. Members of the media can get more information about NBC and its programming on the NBC Media Village Web site at www.nbcmv.com.
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