NEW YORK, June 9 /PRNewswire/ -- The Talk Market
(http://www.talkmarket.com), a user-generated TV Shopping Channel,
announced today that it has received an equity investment from Amazon.com
(Nasdaq: AMZN).
(Photo: http://www.newscom.com/cgi-bin/prnh/20080609/NYM005 )
"The Talk Market is a user-generated TV shopping platform that allows
businesses to create broadcast-quality product presentations and gives
consumers an entertaining shopping experience," said Jeff Blackburn, Senior
Vice President Business Development, Amazon.com. "We're excited by the
early progress and pleased to support their efforts."
The Talk Market's patent-pending user-generated TV shopping channel
platform enhances sellers' video presentations with dynamic graphic
overlays, custom motion graphics and soundtracks. Integrated payment
processing is provided by Amazon Web Services Flexible Payment Service
(Amazon FPS). Using Amazon FPS, merchants at the Talk Market get free
Amazon Payments Business accounts to process credit cards and tens of
millions of Amazon customers can purchase anything on The Talk Market with
the credit cards they have on file with Amazon.
"Both Amazon.com and The Talk Market prioritize giving customers a
great shopping experience," said Matt Singer, CEO of The Talk Market, "and
we are excited to have Amazon's support as we give many businesses their
first opportunity to share their stories with personal, TV Shopping
presentations, while giving consumers the opportunity to completely
customize what TV shopping presentations they watch and when they watch
them."
The terms of Amazon's investment are not disclosed. The transaction
closed in May 2008.
About The Talk Market
The Talk Market (http://www.talkmarket.com) is the TV shopping channel
hosted by you. Sellers upload entertaining presentations enhanced by The
Talk Market's broadcast quality TV production tools and customers program
their own personalized shopping channel and click on any video to make a
purchase. Talk Market Co-Founder and Summa Cum Laude Yale graduate Matt
Singer began selling through QVC at age 24 and went on to sell over 500,000
Cds through the network. Singer has produced media projects with some of
the world's top celebrities, including a pair of PBS TV specials narrated
by George Clooney, a Christmas PBS TV special narrated by James Earl Jones,
and music recordings with Paul McCartney, Billy Joel, and Ray Charles.
Co-Founder and Harvard Business School Baker Scholar Amanda Eilian has
spent her career in private equity, financing growth stage businesses.
Eilian serves as an officer of Capitol Acquisition Corp.
Forward-Looking Statements
This announcement contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Actual results may differ significantly
from management's expectations. These forward-looking statements involve
risks and uncertainties that include, among others, risks related to
competition, management of growth, new products, services and technologies,
potential fluctuations in operating results, international expansion,
outcomes of legal proceedings and claims, fulfillment center optimization,
seasonality, commercial agreements, acquisitions and strategic
transactions, foreign exchange rates, system interruption, significant
amount of indebtedness, inventory, government regulation and taxation,
payments and fraud. More information about factors that potentially could
affect Amazon.com's financial results is included in Amazon.com's filings
with the Securities and Exchange Commission, including its Annual Report on
Form 10-K for the year ended December 31, 2007, and subsequent filings.
SOURCE The Talk Market
 back to top
Related links:
http://www.talkmarket.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20080609/NYM005
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Fiona Aboud for The Talk Market,
+1-917-721-1190, faboud@talkmarket.com
|
