SOURCE: NewsProNet

NewsProNet

August 19, 2009 08:00 ET

NewsProNet and MainStreet.com Announce Syndication of "MainStreet Money Minute" Online Consumer Finance Video Reports

NewsProNet to Distribute MainStreet.com Video Segments Covering "Consumer Pocketbook" Issues to Hundreds of TV Station, News and Consumer Info Websites

MIAMI, FL--(Marketwire - August 19, 2009) - NewsProNet, a leading provider of premium video news content for television stations nationwide, today announced an agreement with leading digital financial media company TheStreet.com, Inc. (NASDAQ: TSCM) for production and syndication of online video reports on consumer pocketbook issues to news sites and information portals nationwide.

Under the agreement, NewsProNet will market and distribute the three-story-per-week "MainStreet Money Minute" video report to local TV station websites -- for use online and on-air on a market-exclusive basis -- as well as other online news sites and pure-play web portals focused on consumer finance news. MainStreet Money Minute will be co-produced by NewsProNet and TheStreet.com's personal consumer finance news site, MainStreet.com.

The online syndication of MainStreet Money Minute marks the latest initiative from NewsProNet for the production and distribution of high-quality online video news content co-produced with some of the most-recognized names in business and consumer news. In July, NewsProNet announced the production and syndication of HealthDay TV daily online video reports, produced in conjunction with the HealthDay online news service.

"NewsProNet is pleased to join with TheStreet.com in delivering the MainStreet Money Minute to hundreds of news and information sites across the Internet in the coming weeks," said Kent J. Krizik, President, NewsProNet. "Online media publishers and local and national advertisers know there's no better way to reach consumers than through the compelling format of online video and syndication of these MainStreet Money Minute consumer pocketbook reports will help them do just that."

The MainStreet Money Minute video feeds, which will begin in September 2009, leverage NewsProNet's extensive experience in producing and distributing professional-quality consumer and business video news to local TV stations and major broadcast and cable television networks.

The MainStreet Money Minute daily video news reports provide online media publishers and advertisers with direct entrée to a growing consumer segment of Internet users who increasingly turn to online video for news and information. Digital research firm comScore recently estimated that 77 percent of all U.S. Internet users watch video online, a phenomenon market research firms say is driving online video adspend as the fastest-growing segment of the advertising industry today.

MainStreet Money Minute national advertising and sponsorship options include various pre-roll, video overlay and display advertising opportunities. Additional advertising and sponsorship are available through local media outlets carrying the video content on their websites.

About TheStreet.com:

TheStreet.com is a digital financial media company. The Company's network includes the following properties: TheStreet.com, RealMoney.com, Stockpickr.com, BankingMyWay.com, MainStreet.com, Rate-Watch.com and Promotions.com. For more information and to get stock quotes and business news, visit http://www.thestreet.com.

About NewsProNet:

NewsProNet Video, Inc. with headquarters in Miami and offices in Boston, San Diego, and Atlanta is a privately held company that produces original syndicated news services for local broadcasters and online news destinations. NewsProNet news segments reach more than 50% of US TV households and millions of online visitors every month. NewsProNet provides content services to stations and websites owned by major affiliate groups, including ABC, CBS, NBC, Fox, Scripps Broadcasting, Cox Broadcasting, BELO Broadcasting, Raycom Media, Meredith and others. For more information visit http://www.newspronetvideo.com/

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