SOURCE: Magnify.net

January 05, 2008 12:00 ET

Magnify.net CEO Steve Rosenbaum Predicts That 2008 Will Be the Year of Nano-Networks

Rosenbaum to Speak at Digital Hollywood Event During CES 2008 on Personalized Media Platforms; He's Available for Media, Blogger, and Analyst Appointments in Las Vegas on 1/7/08 or 1/8/08

LAS VEGAS, NV--(Marketwire - January 5, 2008) - CES 2008 -- Steve Rosenbaum, CEO of Magnify.net, a peer-driven online video discovery and broadcast channel for websites, groups and businesses, is predicting that the big story in 2008 will be the emergence of Nano-Networks.

Rosenbaum is also speaking at Digital Hollywood on January 8th at 10:30 a.m. on the Personalized Media Platforms panel (Session C - DH7), which will examine Widgets, User Generated Media, Personalized News, Blogs and PodCasts. More info here: http://tinyurl.com/25heng.

Rosenbaum asserts, "Before, there were two worlds, creators and consumers; but that paradigm is gone. Now, consumers create content, share media, and are powering the rapid growth of web properties that facilitate creation and connection. Personal media will emerge as nano-networks, which are private and individualized concentric circles of media that are created, consumed, and engaged among formerly passive users."

He points to the following companies, products and services as leaders in Nano Networks: YouTube, Facebook, Twitter, iPhone, uStream, Magnify.net, Threadless, and Google.

While individually the elements are powerful, Rosenbaum believes that collectively they are changing everything.

He observes, "We are truly standing at a moment in media history like no other. The creation of, sharing of, and interaction around shared media is profound and world-changing."

An analysis of the trends that have driven this evolution projects a future in which the shift in media is driving users toward a very different media ecosystem.

The statistics and trajectory also tell the story:

-- My Space: 68,285,849 - Monthly Visitors (MV)

-- Wikipedia.org: 41,422,790 - MV

-- YouTube.com: 23,825,526 - MV

-- facebook.com: 22,541,770 - MV

-- photobucket.com: 25,548,801 - MV

-- craigslist.org: 23,982,542 - MV

-- flickr.com: 23,643,614 - MV

-- IMDB.com: 17,703,766 - MV

-- digg.com: 16,964,445 - MV

-- WordPress.com: 6,373,166 - MV

As the media landscape rapidly shifts, Rosenbaum points out, "This is a big change. And from it, we should expect big things. Peer Production is what the web was built to power. And in a world of Nano-Networks, we're all connected."

Unlike typical social networks that host video and connect people, Magnify.net provides the tools and resources to discover, review, organize and broadcast themed video -- regardless of where it's hosted. Videos can be easily collected from other networks including Revver, Blip.tv, MetaCafe, and YouTube, as well as news affiliates and networks through ClipSyndicate, or uploaded directly. Users can fully customize their channels to reflect their personal or corporate brand as well as share ad pages through the Magnify Ad Network to also monetize traffic.

About Magnify.net

Currently delivering more than 12 million page views per month and serving over 25,000 content publishers, Magnify.net is the fastest growing video platform on the web today -- and it's free.

The Magnify.net team is led by CEO Steve Rosenbaum, one of the early innovators in the use of small format video, and user-created video. Rosenbaum created MTV Unfiltered, the first series produced entirely by viewers, and directed the multi-perspective feature Documentary "7 Days in September."

More information can be found at http://www.magnify.net/company/presskit

Contact Information

  • Press Contacts
    Alison McNeill
    FutureWorks for Magnify.net
    Email Contact
    408-720-8228 Ext. 112