H3 Enterprises Inks Exclusive Joint-Venture Partnership With MTV Networks' Xfire Property
November 24 2008 - 9:10AM
Marketwired
H3 Enterprises, Inc. (PINKSHEETS: HTRE) ("H3" or the "Company"),
the world's first publicly traded Hip-Hop company, has entered into
an exclusive joint venture partnership with Xfire to form
SodaShopTV. The live hip-hop and video gaming news talk show will
offer video gamers and hip-hop music fans unrestricted access to
today's hottest video content. The show will feature weekly events
from the HipHopSodaShop including celebrity artist performances,
video gaming tournaments, sector news updates from both the video
gaming and hip-hop scenes and much more. The show is set to debut
in pilot format December 2008. A unique landing page will launch on
Xfire.com in the coming weeks with access to live streaming and on
demand video from SodaShopTV.
"H3 is excited to be working with Xfire to distribute our
program to over 11 million video gamers around the world. The
Joint-Venture partnership provides SodaShopTV a solid foundation
and platform to support sponsorship and advertising campaigns,"
said Jordan Edelson, H3's Chief Technology Officer and Digital
Entertainment Director. "Xfire is a leader in the online video
gaming space and a great partner to be working with."
Matt Gilman, Director of Xfire Marketing, had this to say: "The
gaming culture has changed immensely over the last few years and
this show will highlight just how far it has come. It is definitely
exciting to be working with H3 on this new venture."
Additional information on SodaShopTV will be released in the
coming weeks including a current lineup of show sponsors. The show
is still currently in production.
About Xfire, Inc.
Xfire, Inc. one of the fastest growing online gaming platforms
and communities in the world, helping gamers to easily connect,
chat and play with their friends online. Xfire is a free service
that allows gamers to track their gameplay history, chat with
friends through IM and voice chat, as well as capture gameplay
video and screenshots. With 11.7 million members in over 100
countries, Xfire is an international community connecting gamers
across the globe. Xfire is a wholly owned subsidiary of MTV and is
based in Menlo Park, CA.
About H3 Enterprises, Inc. and the HipHopSodaShop: H3
Enterprises, Inc., the first publicly traded Hip-Hop company, is
the parent company of the HipHopSodaShop
(www.hiphopsodashop.com).
The HipHopSodaShop combines a restaurant operation with
entertainment bridging hip-hop music, sports, video gaming and
community involvement. H3 opened its first company owned
HipHopSodaShop in Tampa, FL December 2007.
Safe Harbor: Certain information included herein may contain
statements that are forward-looking, such as statements relating to
plans for future expansion and other business development
activities. Such forward-looking information is subject to changes
and variations which are not reasonably predictable and which could
significantly affect future results.
Contact: Public Relations: Rhiannon Capling
rhiannon.capling@hiphopsodashop.com
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