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  • PlaySpan Selected by AlwaysOn as an OnHollywood 100 Winner

    Published on September 22, 2010

    Mumbai, India — PlaySpan™, the global leader in monetization solutions for digital goods, social networks, online games and videos, today announced that it has been chosen by AlwaysOn as one of the OnHollywood 100 winners. This year marks the third consecutive year that the company has been chosen by Always On as a top 100 private company.

    Inclusion in the OnHollywood 100 signifies leadership amongst its peers and game-changing approaches and technologies that are likely to disrupt existing and entrenched Hollywood entertainment. PlaySpan was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on a set of five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

    “The entire entertainment world is dependent on the Internet, social networking, and the burgeoning use of the iPhone and Google’s Android smartphone platforms to market, distribute, and share entertainment,” says Tony Perkins, founder and editor of AlwaysOn. “When you review the OnHollywood 100 class of 2010 and see companies like PlaySpan, you will see that we have come a long way since early music sites like Napster and Kazaa began disrupting the entertainment world.”

    The OnHollywood 100 winners were selected from among thousands of domestic and international technology companies nominated by investors, bankers, journalists, and entertainment industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2010 list.

    PlaySpan and the OnHollywood 100 companies will be honored at AlwaysOn’s fifth annual OnHollywood on September 27th, 2010, at the Entertainment Technology Center @ USC in Los Angeles, CA. This two-and-a-half-day executive gathering that highlights the significant trends affecting digital entertainment. Disruptive technology is forcing big changes in Hollywood: new contracts, new genres, new stars. As the behemoth industry steps into the digital era, entertainment execs will be paying even closer attention to the global Silicon Valley—especially the startups that are writing the rules and creating the tools for the digital entertainment age.

    PlaySpan and its executives have received numerous accolades and awards in 2010 including Ernst & Young’s Entrepreneur of the Year Award, and Inc. Magazine’s Top 5000 Private Companies list. Last month, PlaySpan secured an $18 million dollar series C round of funding led by Vodafone Ventures and Softbank Bodhi Fund.

    A full list of all the AlwaysOn OnHollywood 100 winners can be found on the AlwaysOn website at:

    http://www.aonetwork.com/AOStory/Announcing-2010-OnHollywood-100

    “We are proud once again to have been chosen by AlwaysOn among the thousands of strong candidates under consideration,” said PlaySpan Founder & CEO, Karl Mehta. “Over the last three years PlaySpan has firmly distinguished itself as a global industry leader, with award-winning products and services, and a top notch team of monetization professionals that position PlaySpan well for future growth and continued success.”

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