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Press Release:
 
Contact:
Pamela Johnston/Melanie Robins
PJ Inc. / idealive
(973) 259-0480/(415) 369-9630

idealive and NVST.com form strategic partnership,

bringing private investors and artists together

FOR IMMEDIATE RELEASE

San Francisco, CA - June 8, 2000… idealive, the premier online marketplace for investing in the arts and entertainment, has formed a strategic partnership with NVST.com, the leading Internet hub for private equity. The partnership positions both companies, and their investor and artist members, to benefit from the investment opportunities now available in the entertainment industry online.

"Gaining access to thousands of accredited investors through our partnership with NVST expands our reach dramatically and provides our artists, filmmakers and musicians with new opportunities for growth," says idealive co-founder and CEO Ze'ev Rozov. "There is a growing interest in accessing creative projects for investment opportunities, so NVST customers are the first to benefit from the structure, information and selection that our marketplace offers."

idealive's audience includes accredited investors looking to invest in art and entertainment, artists seeking to raise capital and contact professional service providers, and fans and enthusiasts who rate, interact with, and help identify new talent. idealive artists will be able to list their projects with NVST and gain exposure to NVST's 39,000 plus investors, the largest database of angel investors in the world. In return, idealive will feature NVST on its site as a prime source of investment opportunities outside the field of arts and entertainment. And, idealive is offering accredited NVST investors an introductory investor membership to idealive free of charge for one year.

"As artists and entertainers increasingly seek both creative and financial independence thanks to the power of the Internet, we see a growing opportunity for our private equity investors," comments NVST co-founder and CEO Lori King. "idealive helps bring these investment opportunities to us, as we expose artists to our vibrant investor community. It's clearly a win-win."

NVST, through its new "NVSTinArts-Entertainment" vertical portal, will feature idealive's proprietary market analysis and research, created to make financing projects such as independent film, music and the visual arts more accessible to individual investors. NVST and idealive will also produce a jointly branded, bi-weekly Arts and Entertainment newsletter for distribution to NVST's investor members.

About idealive

Founded in 1999, San Francisco-based idealive has developed a new entertainment business model that serves as a powerful and engaging hub for creators and investors, while providing essential access to services more cost effectively than ever before. With a site that fosters community involvement and tracks investment success and trends, idealive recreates intellectual property for the Internet and is fueling the 21st century renaissance. www.idealive.com

About NVST.com

Based in Bellevue, Washington, NVST.com's mission is to create valuable opportunities and efficiencies for the private equity marketplace. To achieve this, NVST.com, through its three strategic business units, NVST Finance, NVST Publishing and NVST Technology, offers a range of business development and research tools for entrepreneurs, investors and advisors. The site also offers access to investment opportunities and regional angel investment groups. www.nvst.com

 

Contact: PR@nvst.com.

 


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